Which online payment methods to accept in India? (2024)

FAQs

What payment method is accepted in India? ›

The top three payment methods consists of cards (MasterCard, VISA, American Express, RuPay (local debit card)), netbanking (online bank transfers, UPI) and wallet payments (e.g. Paytm, Freecharge). Indian shoppers like to pay with monthly installments.

Paytm. Paytm is one of the leading online payment apps in India, with over 350 million registered users. It offers a wide range of services, including mobile recharges, bill payments, flight and bus ticket bookings, and online shopping.

Debit Cards

Debit cards are an easily accessible payment method for online businesses. Banks widely issue them upon account opening and they are available to most individuals without complex eligibility requirements. In India, the use of debit cards for transactions has been increasing steadily in recent years.

In India, the PayPal wallet feature is not available for personal use. What you can do is use PayPal to make purchases from sellers who accept PayPal around the world via the PayPal mall for goods and services. No matter what type of account you have, PayPal is free to open and maintain.

Spending money in India.

Card payments are available in India's cities, but carrying cash is essential if you're headed off the beaten path.

No, current banking regulations in India prevent Apple Pay from operating and offering the privacy and security it's known for.

Send money to someone anywhere in India

On your mobile device, open Google Pay . At the top search bar, search for the receiver's VPA, UPI ID, or phone number. Select the receiver. After you select the receiver, tap Pay.

To transfer money from USA to India online, you can avail of the telephonic or wire transfer facility. The Indian bank will have correspondent banks through which such a transfer takes place. If your bank is part of the SWIFT network, the money can also be transferred through SWIFT.

Is online payment safe in India? ›

Fraud transactions: Banks like Standard Chartered Bank, HDFC Bank, ICICI Bank, and others have implemented a fraud protection measure wherein the bank will call you for transaction confirmation if it feels that these transactions are fraudulent.

"Online payment services (e.g., PayPal, Google Pay, Klarna)" and "Cash on delivery" are the top two answers among Indian consumers in our survey on the subject of "Most common online payments by type".

What are the top 12 payment methods that businesses should consider accepting? The top 12 payment methods are credit cards, debit cards, prepaid cards, autopay, cash, paper cheques, Buy Now Pay Later (BNPL), Netbanking, mobile payments, UPI & QR codes, POS terminals, and digital wallets.

For travelers visiting India, UPI ONE WORLD is the ultimate solution for hassle-free and secure digital payments. You can transact seamlessly with merchants & vendors across India that accept UPI Payments.

Pre-paid travel cards offer security and low fees and are also worth considering. Smaller shops and eateries only accept rupees and generally do not have credit card facilities; many larger shops ('emporiums') accept foreign currency and credit cards; large restaurants and hotels accept cash and credit cards.

Over 900 million debit and credit cards mean that plastic dominates the payment landscape. Five major card schemes operate in India, including the locally ubiquitous RuPay. Online banking, direct debits like UPI, and wallets like Paytm are growing in popularity.