🔌 What is a Payment Gateway?

A payment gateway is a service that securely processes online payments — acting as the bridge between a corporate store’s checkout page and the customer’s bank or payment account. It handles authorization, encryption, and settlement so merchants can accept digital payments from cards, UPI, wallets, nets banking, and more.

For corporate online stores, choosing the right gateway affects speed of payment collection, customer trust, checkout success rates, fees, and integration flexibility.

🏆 Popular Payment Gateways for Corporate & Corporate-Level Stores

1. Razorpay

One of the most widely adopted payment gateways in India, Razorpay supports UPI, credit/debit cards, net banking, wallets, EMIs, subscriptions, and marketplaces. It’s known for:

• Smooth integration with web and mobile apps
• Strong developer APIs and dashboard analytics
• Good uptime and success rates even during sales peaks
  Ideal for large D2C and B2B stores that want robust features plus automation. (shopaccino.com)

2. PayU

PayU is a scalable platform powering payments for both mid-sized and enterprise merchants:

• Acceptance via cards, UPI, wallets, and net banking
• Advanced fraud prevention and PCI compliance
• Options like one-click checkout and recurring billing
  PayU is popular for stores with high-volume transactions and diverse payment needs. (payu.in)

3. CCAvenue

One of India’s earliest payment gateway providers, CCAvenue is known for:

• Supporting 200+ payment options including cards, wallets, net banking, UPI and EMIs
• Multi-currency support for international shoppers
• Customizable checkout experiences and strong reporting
  Good for stores targeting global audiences and high-transaction volumes. (Enkash)

4. Paytm Payment Gateway

Part of the widely-used Paytm ecosystem, this gateway offers:

• Simple integration for online and offline stores
• Support for UPI, Paytm Wallet, cards, and net banking
• Large consumer base familiarity, especially on mobile
  Well-suited for retail and quick transactions in domestic markets. (Statrys)

5. Cashfree Payments

Cashfree is increasingly chosen for:

• Fast settlements and easy payouts
• Broad method support (cards, UPI, wallets)
• Bulk refunds and vendor payments
  It’s a strong choice for corporate stores needing quick access to funds and payouts automation. (INDIA CSC HELP)

6. PhonePe Payment Gateway

PhonePe PG supports over 120 payment methods, including UPI, cards, and wallets. It focuses on:

• Higher conversion rates (lower drop-offs)
• AutoPay for recurring payments
• Multiple integration options (hosted pages, SDKs)
  Good for stores that want a mobile-friendly and seamless checkout experience. (PhonePe)

7. PayPal

While less common for pure domestic Indian sales, PayPal remains a strong global option:

• Trusted worldwide brand
• Multi-currency support and buyer/seller protections
• Easy integration with many e-commerce platforms
  Often chosen by stores selling to international customers.

8. Stripe

Stripe is popular in markets where it’s available (incl. via partners in India):

• Excellent developer APIs
• Scalable for SaaS and global ecommerce
• Recurring billing and advanced features
  Great for technology-driven corporate platforms needing global card acceptance.

9. Pine Labs & POS-Linked Gateways

For stores with physical outlets, platforms like Pine Labs provide:

• Integrated POS terminals
• Support for in-store card and mobile payments
• Retail-focused hardware + software stack
  Useful for omnichannel merchants who sell both online and offline. (Wikipedia)

📊 How Corporates Choose Their Gateway

Large online stores typically evaluate payment gateways based on:

🔐 Security & Compliance
PCI-DSS compliance and fraud protection are mandatory for corporate volumes.

💰 Transaction Fees
Gateways charge a fee per transaction, varying by method and volume.

⚙️ Integration & APIs
Stores want flexible APIs, plugins (Shopify, WooCommerce, Magento), and support for mobile apps.

🌍 Global Reach
Multi-currency and international payment options matter for cross-border sales.

📈 Reporting & Reconciliation
Detailed dashboards and easy payout reconciliation are key for large finance teams.

🧠 Summary

Gateway	Best For
Razorpay	Modern, API-rich, multi-mode payments
PayU	High volume & scalable enterprise usage
CCAvenue	Multi-currency & global transactions
Paytm PG	Indian retail & mobile-heavy user base
Cashfree	Fast settlements & payouts
PhonePe PG	Mobile first & conversion focus
PayPal	Global trust & international sales
Stripe	Developer experience & subscriptions
Pine Labs (POS)	In-store + online hybrid retailers