How to get International payment gateway in India is a common question. Many E-Commerce websites in India sell their products to International customers. To accept orders, most of the merchants prefer to use International payment gateways. Some of the most common gateways used in India are Paypal and Payoneer. Quadrapay works with multiple payment processing companies across the world. We work as a bridge between Indian merchants and International payment gateway companies. We are the registered sales partners of various International processors that offer credit and debit card payment processing solutions to merchants from many countries.
In this article, you will know how you can get an international payment gateway in India. To get an international payment gateway for your India based business, you must have a registered firm. The international Payment Gateway company will ask for KYC documents.
KYC For International Payment Gateway In India
- Certificate of Incorporation of an Indian Private limited company
- Article of Association
- Memorandum of Association
- GST/ Goods and service tax registration certificate in India
- Shop and Establishment Act registration in India
- MSME Registration
- Certificate of Incorporation for one person company
- Company PAN Permanent Account Number
- Cancel Cheque of the Indian business bank account
- Utility bill of Indian business owners
- Utility bill in the name of the Indian company
- Supplier agreement/Vendor agreement if the business sels tangible products.
- Website Whois Certificate
- A previous processing history with any local processor can help the merchant in getting better transaction fees.
Website Compliance For International Payment Gateway In India
- A complete website that clearly explains the business model of the merchant.
- A clear description of all the products and services listed on the business website
- Customer care number to be visible on the contact us page.
- Customer care email address of the Indian company to be visible on the site.
- SSL certificate on the website
European Payment Gateway For International Transactions Of Indian Merchants.
Most of the International partnership we have is with Europe based processors. These processors are members of various card brands. Many of these processes require the Indian merchant to have an EU company. We have a page on our website that will help you to quickly register a new company in EU without visiting the European Union and will cost you less than $50. You do not need a European bank account. The processing company can send funds to your Indian business bank account.
Rates Of International Payment Gateway In India
The transaction fee for international payment gateway is pretty much similar to the fees that you will pay for your domestic solution. Of course the charges will be slightly higher because it involves International transactions and also involves higher risk for the payment service provider. The rate of the transaction for a low risk merchant or a general category merchant can be as low as 3.5 % per transaction. Sometimes even lower than that. For high risk industries or merchants who are considered high risk the rate of the transaction can be a little bit high.
Most of the times International processors easily offer a monthly cap of upto 20,000 US Dollars. If the merchant wants higher limit then this can be requested to the processing company. If the profile of the merchant is excellent and the chargeback ratio is meager then the processing company may offer a bigger monthly cap.
Payouts Of International Payment Gateway In India
Because the payment processing company is not located in India, the merchants may not get a very fast payout. Merchants can undoubtedly expect a weekly payout from the payment processing company. If the solution is from domestic service provided that means the processor is located in India, then the merchant can get T+2 or T+3 Payout also sometimes.
Unfortunately in today’s scenario getting International Credit Card processing approval for India based merchants is a little bit difficult. In this case, offshore payment processing companies can be beneficial. Many payment processing companies process millions of dollars every month and they cater to merchants from many nations including India. Our association with various payment service providers helps us to find the best solution for your India based business. The payouts are done directly to your Indian business bank account.
International Payment Gateway For Credit Debit Card Processing In India
The most common mode of transaction that is made available with the International payment gateway for Indian merchants is credit and debit and card transaction. There are multiple benefits of working with international processors. Most of the times, if you are accepting orders from the European Union and your payment processor, is also located in the European Union then you will experience a better success ratio. Unfortunately, the success ratio is not so high if the processor and the cardholders are located in different regions. This is because of the fraud and risk filtering initiatives taken by payment service providers. For a businessman in India, every order is important. If a transaction fails then the customer may visit a different website and try to process the order. In this case, the Indian merchant may losses sales and profit. This is why we recommend you to use an international payment gateway for your India based business.
There is one more advantage of international payment gateway in India.
International payment gateway companies located in the European Union has established the relationship with multiple car brands. This relationship is not only with familiar brands but also with local card brands.
Let ‘s take an example of a merchant who is from India and wants to sell to customers in the United States and also in Latin America. If the payment gateway company does not have Association with local card brands in Latin America and other regions, then the merchant will not be able to sell in those locations. A significant portion of customers from Latin America and the European Union prefer to use local cards. As a business owner, you must look at these factors before signing up for a merchant account.
USA Echeck Payment Gateway for International Merchants in India
The USA is one of the biggest trade partners of India(Source NDTV). Many companies in India perform business activities with customers located in the United States of America. Apart from using an International credit card and debit card payment gateway, Indian merchants can also use USA echeck or ACH payment gateway. With any credit or debit card transaction, the customer can raise a dispute for a minimum period of 180 days in most of the cases. In the scenario of echeck the customer can raise disagreement for up to 60 days in most cases. ACH payment processing option is available for India based merchants. Indian merchants can use ACH payment gateway for their clients in the United States of America. With the ACH payment gateway, customers can accept International transactions from the United States without asking for credit and debit card details from the customer. Actually, ACH can be considered as the best payment gateway for tech support business. Many of us know that there are thousands of Tech, Seo and Webs services companies in India. These companies can easily reduce the cost by using Echeck. The ACH payment gateway sometimes is also known as an echeck payment gateway. There is no setup charge on any of these solutions and merchants can start processing without spending even a single rupee upfront.
हिंदुस्तान के अंदर आप इंटरनेशनल पेमेंट गेटवे ले सकते हैं. इस आर्टिकल में हम आपको बताएंगे कि आप अपने हिंदुस्तानी बिजनेस में कैसे विदेशों से क्रेडिट कार्ड और डेबिट कार्ड के द्वारा पेमेंट एक्सेप्ट कर सकते हैं. बहुत सारे मर्चेंट हिंदुस्तान में है जो कि विदेशों में बिजनेस करते हैं. ऐसे व्यवसाइयों को जरूरत पड़ती है इंटरनेशनल पेमेंट गेटवे की. हमारी कंपनी ने कई इंटरनेशनल पेमेंट gateway कंपनी से agreements किए हुए हैं. हमारा काम भारतीय व्यवसायियों को विदेशी पेमेंट gateway company से कनेक्ट करने का है. अगर आप इंटरनेशनल पेमेंट गेटवे सर्विस यूज करते हैं तो आपके कस्टमर जो हैं उनको बेहतरीन सर्विस दिया जा सकता है. हमारी टीम आप के साथ काम करेगी और आपको एक रिलायबल इंटरनेशनल पेमेंट गेटवे दिलाने में आपकी मदद करेगी. इस सलूशन को लेने के लिए आपको कोई भी upfront पैसा देने की जरूरत नहीं है. सारे पेमेंट गेटवे कंपनी रजिस्टर्ड है और अच्छी सर्विस देते हैं. आप अपने प्रोडक्ट को दुनिया के कई कोने में सेल कर सकते हैं जैसे कि यूरोपियन यूनियन इत्यादि. अगर आपको भारत में International पेमेंट gateway चाहिए तो आप हमें अभी कांटेक्ट करें और हमें अभी ईमेल लिखें हमारे ईमेल पता है [email protected]