Payment

Online Payment Gateway

Our highly reliable and secure online payment gateway platform provides the utmost convenient transactions using your Debit or Credit card/Internet Banking option.

Benefits of Online Payment Gateway

• Secure transactions. Payment gateways utilize industry-standard encryption and effectively protect sensitive data, protecting both merchant and consumers from fraud.
• Expanded customer base. Payment gateways enable shoppers worldwide to have access to your store and expand your customer base exponentially.
• Bundled with shopping cart. Payment gateways often bundle shopping cart software with their programs. The software allows your customer to select products with the click of a mouse, add them to their shopping cart, and complete the purchase at checkout. The shopping cart calculates the items’ cost, sales tax, and shipping charges without you or an employee having to be present to conduct the sale.
• Faster transaction processing. A payment gateway is much faster than manual processing, and customers can purchase without the inconvenience of long waits or lines.
• Added convenience. Having a payment gateway means your store is open 24/7, and your customers can shop at any hour of the day or night from the comfort of their own homes.

NEFT/RTGS/Bank Transfer

National Electronic Funds Transfer (NEFT) is a nation-wide payment system facilitating one-to-one funds transfer. Through the NEFT process, individuals, firms and corporates can electronically transfer funds from any bank branch to any individual, firm or corporates, having an account with any other bank branch in the country participating in the Scheme.

NEFT offers many advantages over the other modes of funds transfer:

• The remitter need not send the physical cheque or Demand Draft to the beneficiary.
• The beneficiary need not visit his / her bank for depositing the paper instruments.
• The beneficiary need not be apprehensive of loss/theft of physical instruments or the likelihood of fraudulent encashment.
• Cost-effective.
• Credit confirmation of the remittances sent by SMS or email.
• Remitter can initiate the remittances from his home/place of work using internet banking also.
• Near real-time transfer of the funds to the beneficiary account in a secure manner.

The RTGS is a centralized payment system in which inter-bank payment instructions processed and settled, transaction by transaction (one by one) and continuously (online) throughout the day when the instructions are received and finally accepted by the system.

Advantages of RTGS

• Since the funds’ transfer instructions are processed and settled in real-time, the credit and liquidity risks eliminated.
• It will lead to a seamless movement of funds from one end to another using the IT platform and reduce the settlement system’s systematic risks.
• As the funds received instantly online, in the RTGS system, the collecting banks and their customers can use the funds immediately without exposing themselves to settlement risk.

Paytm

Paytm is an online payment system and financial technology company based in India. Presently, Paytm provides a user-friendly digital platform for various online payments /transactions and use-cases, i.e.

• Utility bill payments, Mobile recharges, travel,
• Movies and events bookings 
• Payments at various shops and grocery stores, restaurants, and 
• Educational institutions, etc. 

It is one of the few online wallets, which brought revolutionary changes in India’s payment system and reduced the reliance on cash transactions.