Payment Gateways |
| Payment Gateways are very handy in completing a sale online. For instance, there are many items such as gifts, electronic gadgets, software etc which are purchased online. The whole activity of online sales ends with payment processing using Payment Gateways. Payment Gateway also indirectly serve as means of Validity of a company, Makes impulsive buying possible, Allows clients to use their card and use their credit period. |
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| Above all, it shortens the duration for making payment for a client as well as realization of payment by the vendor. |
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| There are three financial components in a Payment Gateway. |
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- Set Up Fee [Usually one time fee]
- Annual Maintenance Fee
- Per Transaction Fee
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Shared Payment Gateways Plans |
| Shared Payment Gateway |
| Features |
Economy |
Premium |
| One Time Setup Fee |
8999 |
23500 |
| Annual Fee |
1500 |
2900 |
| Per Transaction Fee |
7% |
5% |
| Billing Name |
Third Party |
Third Party |
| Payment Realization |
Weekly |
Weekly |
| SSL Encryption |
128 bit SSL |
128 bit SSL |
| Cards Accepted |
VISA [Master requires
additional formalities] |
VISA [Master requires additional formalities] |
| Environment Settings |
NA |
NA |
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Order Now ! |
Order Now ! |
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How to get a Shared Payment Gateway? |
| Check Before You Apply: The Pre-requisites |
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| The following are the general pre-requisites to apply for a Shared Payment Gateway; |
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- Current Account / Savings Account
- manufacturing or servicing setup with office and employees etc. with proof of existence
- Products or services sold cannot include but not limited to drugs, medicines, alcohol, multilevel schemes etc.
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| Step 1: Apply Online |
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The first step to get a payment gateway is to apply by sending dully signed application on the business letter head. Once you have applied, we will review the application and update you with the technical and commercial details. Unless you receive a confirmation from us, please do not proceed to the documents stage.
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| Step 2: Verification |
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| On meeting the basic pre-requisites, you will be verified for the following but not limited to; Location and Business Verification like location, phone numbers, authorized contact person etc. |
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| Website must contain; |
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Domain Whois must contain your correct contact details
Terms and Conditions
Privacy Policy
Cancellation and Refund Policy
About Us
Type of Product |
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| Step 3: Documents & Other Requirements |
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| For most of the payment gateways, the documents required are almost the same, except few variations. Extra documents or credentials are required to be submitted if request by the Bank. |
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- Commercial Documents
- Technical Documents
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| Commercial Documents Required For Payment Gateways |
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| If Sole Proprietor |
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- Proof of proprietorship
- ID Docs of the proprietor
- Payment Gateway Agreement in stamp paper as mentioned in the confirmation mail
- Bank Account certification by your bank.
- Application for payment gateway in your letter head
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| If Partnership |
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- Partnership Deed
- ID Docs of the proprietor
- Payment Gateway Agreement in stamp paper as mentioned in the confirmation mail
- Bank Account certification by your bank.
- Application for payment gateway in your letter head
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| If Private Limited |
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1. Copy of ID proof of all the directors with "Company For Seal and Signature of all the directors"
Any one of the following is accepted as ID proof; |
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- Voters ID
- Pan Card
- Drivers License
- Passport
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2. MOA and AOA documents along with Certificate of Incorporation. If certificate of incorporation is not included in MOA or AOA, it can be provided separately.
3. If all the directors are not mentioned in MOA or AOA, then Form 32 must be provided for directors who are not mentioned in the MOA or AOA.
4. Payment Gateway Agreement in stamp paper as mentioned in the confirmation mail
5. Bank Account certification by your bank.
6. Application for payment gateway in your letter head |
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Step 4: Testing Payment Gateway. Once you receive the Merchant Id and other details, you can host in your reseller account and test with the payment gateway url
Step 5: On successful completion of the testing, you can integrate with your shopping cart and go live !
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