GoofyDonut

Payment gateway options?

I’m building a SaaS that needs a payment gateway. Razorpay, stripe and cashfree can’t onboard new businesses because of some RBI regulation(since December 2022).

What would you guys suggest I go with? Ideally I would need a PG that can split payments.

18mo ago

Find out if you are being paid fairly.Download Grapevine

SquishyTaco

Zeta18mo

Also you got openings?

GoofyDonut

Stealth18mo

Sure, but I can only pay in “exposure and experience”

SquishyTaco

Zeta18mo

I can contribute part time

GigglyDonut

Stealth18mo

Look up justpay. Saw some apps switch to this from Razorpay.

GoofyDonut

Stealth18mo

Juspay just aggregated all the PGs.

DizzyMarshmallow

Swiggy18mo

Phonepe launched payment gateway last week with zero fees in pilot mode. Not sure if it is open for all.
If not phonepe, then try CCavenues (costly)

GoofyDonut

Stealth18mo

Yeah want to avoid ccavenues. Will check out PhonePe. Thanks!

DizzyMarshmallow

Swiggy18mo

Just tried, they have started on boarding at 1.85% + gst as fees

GigglyWaffle

Nagarro18mo

PhonePe, also their PG is free for a limited period of time.

GoofyDonut

Stealth18mo

This is great, thank you!

WigglyDumpling

Cashfree Payments18mo

Split is only offered by the 3 companies you mentioned -- technically and regulation wise it is a significantly more complex product than a vanilla pg. Stripe's offering is untested in India afaik. Cashfree is revamping its split payments offering into "embedded payments" and will be announced soon. The onboarding embargo is a bummer though.