Questions

For a SaaS, I find that Stripe is not available to Indian companies. What are other Stripe-like payment gateway options for Indian companies?

Stripe is affordable since they charge you only on transactions (minimum plus percentage). However because it is not available in India, what are the alternatives that have Stripe-like transactions model? The product is for global market, and we need CC processing options similar to what Stripe provides.

6answers

there is Balanced, Dwolla, Braintree but none of them seem to work in India yet.


Answered 8 years ago

There are many payment gateway options available in India. Each one has differentiated offering. You will have to study the options in detail. Do negotiate on pricing, it's quite volatile.


Answered 8 years ago

Times have changed greatly in India, after global major PayPal, Stripe has officially entered the digital payments market of India with a beta version being launched and tested with a small group of companies. Anand Balaji, the India lead of Stripe said that the company is kicking off the beta version for small businesses in India enabling them to accept digital payments. Stripe enables small merchants to sell their products online and accept card payments. They allow transactions in more than 135 currencies, accepts all major card schemes like Visa, Mastercard, Discover and American Express. Further they allow payments in Bitcoins, Alipay and WeChat, according to the descriptions on their website. Justifying the company’s move into India which already has a crowded digital payments ecosystem, Balaji said that with 500 million users connected to the internet and having seen the initiation of twice the number of businesses compared to the US, India is uniquely poised to take business online. Justifying the company’s move into India which already has a crowded digital payments ecosystem, Balaji said that with 500 million users connected to the internet and having seen the initiation of twice the number of businesses compared to the US, India is uniquely poised to take business online. By launching a local platform, Stripe will allow Indian merchants to accept payments in Indian currency, connect to their local bank accounts and build products specifically for Indian merchants.
Try again. maybe this time Stripe will not disappoint you anymore.
Besides if you do have any questions give me a call: https://clarity.fm/joy-brotonath


Answered 2 years ago

Joy, check out my discussion with Anand of Stripe, here: https://twitter.com/vingar/status/1306525279733592064

We exchanged a few emails too and Stripe is not good enough for many use cases for businesses in India. Set up a call with me if you want to know more.


Answered 2 years ago

The best one around is PayPal. They have a good rounded integration with leading platforms that makes them great!


Answered 2 years ago

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