9) Payments When and how banks payout, via NEFT or cheque and choose the option that – works for you. Some banks levy fee for each NEFT or courier charges for the cheque. 10) Customer Service will definitely need to contact them from time to time to resolve –You issues related to transactions. Check if they have a toll free number for customer service and how long is the wait time. (Source: (Source: http://www.nextbigwhat.com/comparison-payment-gateways-in-india-297/) The different payment gateways available (Source: AMC Gateway Setup Credit Cards Credit- Internet Cost- Bank Support Name Fee support Debit INR Cards Visa,Master Card, Total 43 banks for 1 CCAvenue 7500 7% 4% 1200 Amex,Diners,JCB netbanking Total 27 banks for 2 10,000 6.5% 6% 2400 Visa,Master Card Direcpay.com netbanking Merchant 3 30,000 3-4% Nil Visa, Master Card Service 4 HDFC Bank 50,000 3.5-6% 12000 Visa, Master Card Visa, Master Card,American banks(debit card 5 IndiaPay 6,000 5% 3600 Ex, Diners, JCB, only) Discover 6 Transecute Nil 5% Nil Master/Visa None 7 9,990 7% 2700 Visa, Master Card, 48 Banks for 8 EBS 6,000 6% 6% 2400 Diners Netbanking PAYSIGNET 9 3000** 5% 5% 1500 Visa,MasterCard, 10 CellPay 15,000 4.5% 4.5% 2500 Major banks Cash cards iPayIn 11 Nil 3.99% 3.99% 2499 Visa 20 Banks 12 PayU 6000 5.4% 5.4% 2400 9 Major banks Only credit card/debit No 13 HSBC 60,000 2.75% 0 Visa,MasterCard cards & companies support with 2 years existence SBI,HDFC, ICICI( 14 Atom 20,000 3% 3% 5000 total 20 banks) etc Only 15 Citibank Only for High transactions( > Rs. 50 lacs) None Credit & Debit Cards 16 Bank of Baroda 15,000 4% - 2500 Visa, Mastercard Not supported WhizPay 17 3.5% 3.5% Visa,MasterCard banks
9) Payments – When and how banks payout, via NEFT or cheque and choose the option that works for you. Some banks levy fee for each NEFT or courier charges for the cheque. 10) Customer Service –You will definitely need to contact them from time to time to resolve issues related to transactions. Check if they have a toll free number for customer service and how long is the wait time. (Source: (Source: http://www.nextbigwhat.com/comparison-payment-gateways-in-india-297/) The different payment gateways available (Source: Gateway Name Setup Fee Credit- Debit Cards Internet AMC Cost- INR Credit Cards support Bank Support 1 CCAvenue 7500 7% 4% 1200 Visa,Master Card, Amex,Diners,JCB Total 43 banks for netbanking 2 Direcpay.com 10,000 6.5% 6% 2400 Visa,Master Card Total 27 banks for netbanking 3 Merchant Service 30,000 3-4% Nil Visa, Master Card 4 HDFC Bank 50,000 3.5-6% 12000 Visa, Master Card 5 IndiaPay 6,000 5% 3600 Visa, Master Card,American Ex, Diners, JCB, Discover banks(debit card only) 6 Transecute Nil 5% Nil Master/Visa None 7 9,990 7% 2700 8 EBS 6,000 6% 6% 2400 Visa, Master Card, Diners 48 Banks for Netbanking 9 PAYSIGNET 3000** 5% 5% 1500 10 CellPay 15,000 4.5% 4.5% 2500 Visa,MasterCard, Cash cards Major banks 11 iPayIn Nil 3.99% 3.99% 2499 Visa 20 Banks 12 PayU 6000 5.4% 5.4% 2400 9 Major banks 13 HSBC 60,000 2.75% No support 0 Visa,MasterCard Only credit card/debit cards & companies with 2 years existence 14 Atom 20,000 3% 3% 5000 etc SBI,HDFC, ICICI( total 20 banks) 15 Citibank Only for High transactions( > Rs. 50 lacs) Only Credit & Debit Cards None 16 Bank of Baroda 15,000 4% - 2500 Visa, Mastercard Not supported 17 WhizPay 3.5% 3.5% Visa,MasterCard banks
ebz_eps-question-bank-prof-anuj.docx