Credit card payment gateway for Indian ecommerce websites

The whole process of applying for the online payment gateway, getting a merchant account, linking it to the concerned banks, installing the payment gateway with the existing ecommerce application and testing it takes approximately a month. So according to business one needs to be aware and look after the steps in integrating the payment gateway.

The decision making for the kind of credit card payment gateway required to integrate into the web application is crucial and the starting phase. This is based upon the type of online business transactions to be carried and the online visitors who visit this particular ecommerce website. If most of the visitors are coming from India then the payment gateway installed should accept any kind of Indian cards else if it is from a specific country then the online payment gateway installed should be capable of accessing that particular location's credit cards or debit cards too.

The process of getting the online payment gateway is very simple. An existing ecommerce website is required. Here are the steps that are to be carried on: • An up(live) ecommerce website with its business to be carried should be clearly made understood to online visitors • Decide the type of cards need to be processed depending on the online visitors and the business that is carried online • Search for the vendors that process services for online payment gateway. Check out their setup fee, plans or commission per transaction, monthly or yearly rental if any, renewal charges for continuous services. There are many vendors in India who offer the payment gateway services with different setup fees. Setup is only onetime fee which is not refundable with many vendors. Sometimes with good negotiations of business agreements the setup p fee can have waivers too. Selecting the tariff plans is purely a business decision as it involves the volumes estimation of transactions details. • To apply for the payment gateway along with the setup fee one needs to submit the company registration details that is associated with the ecommerce website, management profiles and pan card details and a valid banking account which will be associated with the merchant account that which needs to be done by the vendor. • Select the tariff and make an agreement for the rentals, renewals and per transaction fee if any. • Vendors give an API to integrate with the existing ecommerce website. • Integrate and test it with the kind of services it supports. Preliminary things are to check with credit cards processing, debit card processing and net banking with both government and private banks.

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