Leading Alternatives to Paystack for Your Business

Razorpay is a converged payment solution that allows businesses to accept, process, and dispense online payments across the globe. It enables businesses to accept payments from customers and automate payouts to vendors and employees. New products launched by the platform allows customers to set up recurring payments, offers options such as No cost EMI, pay later, etc. The tool helps businesses accept payments quickly through a payment button and flag risky transactions instantly. Unregistered businesses such as consultants, freelancers, professionals, and homemakers can also easily accept payments using Razorpay products. Users can combine different products from Razorpay’s payment suite to solve specific problems of their businesses. These products include Payment Gateway, Payment Pages, Payment Links, Subscriptions, Smart Collect, and Route. Some important features of this tool are instant activation, easy integration, API-driven automation, multiple payment methods, PCI DSS Level 1 compliance, and real-time data and insights. Razorpay enables businesses to grow their sales by providing a superior checkout experience to the customers.

Pine Labs provides a merchant platform with technological and financial solutions to assist merchants in boosting revenue, reducing the cost and complexity of running a business, and managing the risks that come with it. The company brings together financial institutions and consumer brands to enable merchants to provide value to their customers. Pine Labs and its technology platform enable physical and online last-mile retail transactions, provide merchants with customer data for targeted sales, and provide risk-managed finance solutions to help them develop their businesses. Pine Labs' platform and solutions are used by over a million merchants in India and other Asian nations to run accessible, affordable, fast, and risk-managed last-mile retail operations. Merchants from a variety of industries employ Pine Labs' solutions, including electronics, food and beverage, fashion, medicine, telecom, and airlines. Over 3,30,000 point-of-sale terminals are powered by the company's cloud-based infrastructure. Every year, Pine Labs' platforms conduct over 550 million digital transactions, assisting over 100 million retail customers. In India and Malaysia, the firm has a presence in 3700 cities and towns. Pine Labs' platform presently includes 15 major banks, seven financial services firms, and over 100 businesses.

2Checkout is a comprehensive payment process management platform that helps businesses to maximise their revenues and make global digital sales easier. The platform comes in various modular designs that let companies adapt to the one that is most suitable for their businesses. Whether businesses are coming into the international market, looking to boost their conversion rates or running a subscription-based system, 2Checkout can help to tackle each and every process with ease. Its modular design is created to meet various dynamic needs, such as global payments, digital commerce and service billing. It can also be used for global tax & financial services, risk management & compliance and partner sales. 2Checkout helps companies to leverage new distribution channels and expand their global reach with affiliates and reseller partners. Today, it has become a trusted industry leader and has created an environment for innovation. It has removed the obstacles for businesses to expand on a global level.

Trustly is an online payment monitoring solution that helps both businesses and customers with their payment receivable and due ones. With Trustly, businesses can allow their customer to deposit funds from any device, for a wide range of services. The solution is compatible with single-click and recurring payment strategies, quick invoicing and deposits as well as quick refund processes facilitating seamless transactions. Trustly also helps businesses with a simple, quick, and secure way to payouts, besides offering real-time integrations with all the popular banks situated in different parts of the world. Thus facilitating hassle-free business in multiple currencies. Moreover, the solution also helps companies verify consumer-wise data in an instant by retrieving all the necessary details from the bank, automatically without asking the consumers to fill out long forms. In this way, it eliminates all potential chances of human error in KYC processes, besides offering faster access to companies’ services to the loyal customers on the other hand. Trustly supports a wide range of industries, among them E-commerce, financial services, Gaming, and travel are the popular ones.

MultiSafepay is an online payment gateway that offers smarter, innovative and safe payment solutions for users. This software allows users to accept and manage all online sales effortlessly. It also offers better security and perfect checkout experience to users with different payment options. The software has been designed keeping in mind the old and new users, who can access it without any difficulty. The in-house development and certified tech support team of MultiSafepay ensure cutting-edge integration solutions, which help users focus on generating revenue using the best payment techniques. Besides these, there are credit card schemes where one can enjoy one-party credit card payments. This software is ideally an acquirer and processor, which lets one control payments using MultiSafepay Control. As a user, one can access the Go Local feature, where one can sell easily by cross-bordering with the app's multilingual payment pages and other local payment methods. Next, the Recurring Payment option allows users to manage their subscriptions and memberships. Apart from this, one gets to experience the MultiCurrency feature too, where all currencies are accepted from across the globe.

BizPayO is a payment tool that empowers the customers of users to pay on their website within seconds seamlessly. And all this without any additional costs. Users can accept credit cards at 0 percent costs while also adding the option of paying with eCheck or ACH for free. BizPayO automatically syncs all credit card and ACH payments to Quickbooks while enabling users to get paid in 2-3 days. Funds are directly deposited to their bank accounts via an easy-to-use payment portal. Users can also set their own recovery fees to facilitate credit card payments and keep 100 percent of every transaction. And they can set up recurring billing, collect payments from all customers, and receive payment authorization through a centralized platform with a user-friendly dashboard. BizPayO delivers a branded payment portal that has the logo of users along with their preferred payment option. Other features include embeddable payment links and instant alerts.

Cheddar Up is a payment gateway software developed to collect and track payments for groups. It makes it easy for group organizers to create custom forms to collect information along with their payments. No more spreadsheets, lost checks, or paper forms. Cheddar Up enables schools, teams, clubs, non-profits, and individuals to make custom online pages in a minute. Groups and nonprofits use Cheddar Up to securely collect money online for anything – donations, fundraisers, membership dues and fees, merchandise sales, group gifts, events, and more. Groups can also use an integrated credit card reader to collect in-person payments. Cheddar Up is simple to use for group organizers and their community. Set up in minutes, send a custom link to your group, and start collecting! Paying on Cheddar Up is seamless – no app or account necessary.

PangoPay is a B2B online payment gateway with which users can make payments faster, better and simpler. This application helps customers to make smoother transactions for their purchases, and one doesn’t have to wait for days to receive invoices. Businesses can accept their payments online with a simple link or through website integration, and receive them directly in their bank account. PangoPay has flexible and simple payment options and allows users to accept card payments. One simply needs to send the payment page of the app to receive debit or credit card payments online. The application enables businesses to improve their revenue collection and also to simplify the lives of the customers. It saves time by eliminating tedious and complex processes of bank transfers. This payment gateway reduces the chances of customer dropoffs resulting out of difficult payment options. Marketing agencies can accept recurring payments easily and close deals faster. Users can add branding to their payment pages with custom logos and colors, and choose their own payment options. Users can add payment buttons or integrate forms to their website, allowing customers to make payments from anywhere. One can track finances through transaction histories and automated reporting via PangoPay’s dashboard.

Alipay is the world's leading open digital daily life services platform operated by Ant Group. Alipay launched as an escrow service to address the issue of trust between online buyers and sellers in the early days of e-commerce in China. Alipay has grown through continuous innovation to serve more than 1.2 billion users worldwide together with its global e-wallet partners. Working with more than 250 overseas financial institutions, Alipay has created online payment channels for buyers and sellers in more than 200 countries and regions. Alipay supports transactions in 27 different currencies, as well as tax reimbursement in 35 countries and regions. Foreign tourists and foreigners living in China can also use Alipay for mobile payments while in the country.

Paypal is a worldwide online payment system which operates globally for online money transfers for every kind of commercial transaction. It supports 100 currencies and is available for more than 200 countries. Apart from making online payments, merchants can even withdraw funds in 56 currencies and keep deposits as balance in their PayPal account in 25 currencies. One of the most obvious names in the list of the best global payment gateway software solutions is undoubtedly Paypal. What’s unique about PayPal is that it provides added fraud protection services and buyer authentication on request and there is no withdrawal fee for PayPal. Being one of the largest online payment processors in the world, Paypal possesses features like providing Credit Card security and flexibility to use other modes of payment, if you do not possess a credit card, through Debit Cards, multiple bank accounts etc. You can even transfer money to friends and family, participate in online auctions and avail special discounts on online shopping with Paypal.

Moonclerk is a recurring and one-time online payment system, which allows users to deal with secure transactions every time. Users can set up their accounts with ease, without having any technical skills or coding knowledge. Also, one would not require a separate merchant account. After setting up, one can start accepting online payments without delay. With this software, users can easily automate their back-office work with ease. The software assists in sending funds to the bank account automatically. One can easily integrate Moonclerk with different third-party applications like Mailchimp, Quickbooks, Google Drive, Zapier, Google Analytics, and more. Besides, the software also enables users to send automatic and customizable email notifications on various occasions. With Moonclerk, one can take granular control of the payment process, which means users can set custom frequencies, create installment plans/coupons, choose their recurring options and make other changes successfully. One can even retry failed payments automatically, and filter and export essential data. Users can allow their payers to have self-service control over their accounts. Moreover, the application works on all desktop or mobile devices, allowing one to monitor transactions on-the-go.

Atom Paynetz provides the user with 265 payment options and an association with over 1,00,000 merchants, all under one portal. Its features include an integrated dashboard that monitors real-time transactions, accepts international cards and charges no fees on withdrawal. There are no set-up and operational costs involved and the transaction can be begun within 5-6 days after submitting the required documentation. However, the app is only functional on an Android handset at present. ‘Providing payment solutions to all’ as their motto, Atom Paynetz provides a whole range of payment services and solutions with a high success rate, round the clock support and great value additions for boosting businesses. Overall, Atom Paynetz makes for a highly convenient mode for processing payment solutions for Startups, SMEs and enterprise businesses, thereby permitting them to accept online payments through multiple sources like Credit Cards, Debit Cards, UPI, NetBanking and several wallets.

Instamojo can be integrated conveniently into any website and offers the simplest API with detailed attestation. With over six lac businesses using this gateway software to collect their payments, Instamojo makes for a highly lucrative deal as all you need to set up this software is a mobile number and a bank account. Marked as one of the simplest, easiest and most popular payment gateways with extremely user-friendly interface, some of the features about this gateway, which attracts users, is that it carries no setup or maintenance charge and works with both Debit and Credit cards, testified with over 58 banks. Moreover, one can even request for international plastic money transactions for overseas orders. It even supports mobile app usage on both Android and iOS handsets and can be tuned in with SMS and WhatsApp with a single zero cost account. With all these key highlights, Instamojo can instantly collect your payments and automatically transfer it to your bank account in no time at all.

Better payment is a payment gateway software. Provides services for companies of all types and sizes consist not only of classic online payment but also of services such as the decision engine for fraud prevention. In addition, they offer downstream services such as individualized payment pages (JetztZahlen) and a white label solution that allows users to become a payment service gateway yourself.

PayTrace is motivated by the challenge of delighting merchants. It offers high-value technology solution to businesses that empower sales partners and make merchants happy. PayTrace are committed to provide comprehensive, easy-to-use payment solutions that lower processing costs and increase security. PayTrace is proud to be an advancing payments one relationship at a time.

Mollie is a digital payment solution for businesses of all sizes that enables them to implement an easy-to-use payment solution with intuitive features. This is a great tool for businesses who want a tiered fee structure that scales with their revenues. By agreeing to and setting up a single contract, users can access all major payment methods. And with just a single integration with their existing processes, they can set up a system that accepts all major payment methods. The payment system is highly secure and meets various safety norms including PCI-DSS and PSD2. Major payment methods that are supported by the tool include Visa, Mastercard, American Express, Apple Pay, Paypal, Klarna, iDEAL, SEPA Bank Transfer, and many more. The dashboard includes a smart search option that can sift through payments to find any order number, paid amount, or customer details. And with dedicated packages and solutions, users can integrate Mollie with leading development platforms such as PHP, Shopify, and NodeJS.

Cashfree is a solution for online payments and cash on delivery payments designed for companies based in India. It is an easy and quick way to collect and disburse payments for companies. Cashfree is able to disburse bulk payments in an instant, which means that it works faster than banks and it is simpler to use. Cashfree can verify the bank accounts of your customers, including the account and holder name, before any money is sent. Cashfree enables you to accept recurring payments so you can offer subscription packages to your customers. This solutions’ payment gateway allows clients to receive the money from local and international payments within two days through a simple integration. You can also use Cashfree’s payouts capabilities to send money to any bank account, PayTM wallet or UPI address simply by uploading one file or by using an API for integrations.

Coriunder BAAS is a management system software that is payment oriented. It helps with merchant management without building a backend system from the beginning. The software provides a quicker and more secure foundation to initiate a startup. Admin interface is the prime feature that manages all the activities of the enterprise. Besides, the MCP (Merchant Control panel) allows merchants visibility and control over all the activities while using Coriunder BAAS MCP. The merchants can create product pages and landing pages along with monitoring transactions. The PCP (Partner Control Panel) is another key feature of this software that helps in maintaining full transparency with the partners in business. Moreover, it allows the enterprises to allow their affiliates to inspect the activities. On the other hand, the onboarding portal is a crucial feature that administers easy signups to attract a larger client base. This feature attracts both corporate accounts and individuals to the portal of enterprises. Terminal templates are also useful to enterprises to assign with just a few clicks.

India Online Pay is an online payment gateway that enables you to make monetary transactions securely over various digital platforms. Having multi-currency support, this platform processes both International and domestic payments via several financial channels, thus allowing your customers to make transactions efficiently. It comes with a wide range of payment options in various languages and accepts multiple payment methods, thus elimination all chances of a conversion dispute. It allows you to customise your payment methods by designing your eCommerce portal the way you like. With multi-lingual check-out facilities, India Online Pay enables you to make safe and smooth transactions from one IOP wallet to the other at your ease from any place, any time. It comes with an intelligent routing system that helps to make your site dynamic. You can use your own invoice management system to generate, schedule, manage and send your invoices through this app. With its retry system, users will be able to discard failed transactions with ease. It includes a responsive and swift checkout page that enhances your shopping experience. India Online Pay even comes with an analytics tool that provides you with in-depth reports, thus allowing you to make informed decisions.

PayKun is an easy to use, simple, and highly secure online payment gateway solution. It accepts digital payments and the intuitive software is very easy to implement. This enables users to quickly get on board and start using the software without having to go through the hassle of physical paperwork. It even adheres to all the existing policies and laws about payment, finance, banking, and taxation in India. Core capabilities include 120+ payment options, fast settlement, and easy integration that only takes a few hours. Payments can be collected not just locally, but also internationally. Moreover, it has a powerful dashboard that allows users to keep a tab on their transactions, view payment history, and even estimate their weekly/monthly revenue reports. Since security is the topmost concern, the software is equipped with AES 256 encryption, Secure Sockets Layer (SSL), and it is also compliant with PCI DSS.