Which payment gateway in India has the lowest transaction fees?

 

 Paytm Payment Gateway

  • Transaction Fees: 0% on UPI and RuPay cards

  • Setup & Maintenance: Zero setup and annual maintenance charges

  • Highlights: Widely recognized and trusted by consumers, offering seamless integration with various payment methods. 



 PayKun

  • Transaction Fees:

    • 1.75% on UPI, debit cards, net banking, and wallets

    • 2.00% on credit cards and Paytm Wallet

  • Setup & Maintenance: Zero setup and maintenance charges

  • Highlights: Offers fast payouts, developer-friendly integrations, and a customizable checkout experience. 

 Razorpay

  • Transaction Fees: 2% on standard transactions; higher for international cards and EMI options

  • Setup & Maintenance: Zero setup and annual maintenance charges

  • Highlights: Provides a comprehensive suite of financial products, including payment gateway services, making it suitable for businesses looking for an all-in-one solution. 

 Cashfree

  • Transaction Fees: 1.95% on domestic transactions

  • Setup & Maintenance: Zero setup fees; annual maintenance charges apply

  • Highlights: Known for quick settlements and a wide range of payment options, including UPI, credit/debit cards, and wallets. 

 Comparison Summary

ProviderUPI/RuPay FeeCredit Card FeeSetup/MaintenanceHighlights
Paytm0%1.75%FreeTrusted brand, seamless integration
PayKun1.75%2.00%FreeFast payouts, developer-friendly
Razorpay0%2%FreeComprehensive financial suite
Cashfree1.95%2.95%FreeQuick settlements, wide payment options

Recommendation: For businesses prioritizing  best online payment gateway in India  zero fees on UPI and RuPay transactions, Paytm stands out. However, if you're looking for developer-friendly integrations and fast payouts, PayKun is a strong contender. Always consider your specific business needs, transaction volumes, and the payment methods your customers prefer when selecting a payment gateway.

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