Feesbuzz – Simplifying Fees Payment Collection & Management

2019 is the age of digitization & automation. Millions of people are turning to online payments which are done in a few clicks. There are also payments done in “one tap”, which is turning out to be highly convenient for payers.

Implementation of automation simply adds value by reducing manual labour, saving time & improving efficiency.

So why not automate the fee payment process as well?

Automating the fee payment process would make things easier as you can pay quickly, in a timely manner.

Every educational institution has to go through a lot of hassles when it comes to collecting fee payments from students. Fees payment collection & management is a critical aspect for institutes & it has to be intervened carefully. Manual intervention in such critical aspects can be tedious, prolonged and error-prone.

What is Feesbuzz?

Feesbuzz is a payment cum domain specific solution to educational institutes.

This platform is a CMS driven dashboard with complete reconciliation functionality that drives end to end payment facilities from your own control. This is the only platform which offers an end to end reconciliation with student instalments on your own dashboard.With Feesbuzz, the educational institutes can provide online fee payment as an option to their students. Feesbuzz enables you to seamlessly conduct your fees related activities with maximum accuracy, efficiency & automation.

How Feesbuzz simplifies your fees collection & management?

Feesbuzz provides a CMS driven dashboard to institution where in the institution can control core fees related activities.

Fee structure creation

You (Institute user) can create a fee structure as per the course & allot the created fee structure to respective batches. The fee structure consists of the course, batch & the amount for the particular course & the batch to whom the course is to be assigned. You can also create fee structures with respect to certain student categories like general, OBC etc.

Installments

For every fee structure you create, you can create installments on the total amount of the fee structure, that student will pay as per the due date of the installment. These installments can be created on any created fee structure which is assigned to any particular batch.

Optional installments

There are some parts of the fees which are compulsory for the student to pay; like university fees, exam charges, tuition fees etc. Also there are some parts of the fees which are dependent on the choice of the student.

For example – If the student chooses hostel accommodation, then the installment of “Hostel fees” will be applicable to the student. Similarly other installments like ‘Mess fees’, ‘Gym fees’ are totally dependent on the student, whether he chooses these services or decides to opt out.

Keeping the above scenario in mind, Feesbuzz lets you to create optional installments for students, which will be applicable only if the students wish to have the particular facilities. All the installments are created with a due date and so that you can expect payment from students in a timely manner. Also in any case, if a student fails to pay the respective installment before its due date, you can easily manage the installment & extend the due date for that particular student.

Discounts – Enable discounts on the installments of your fee structure. Simply just select the fee structure on which you wish to enable discount. You can set a new payable amount for the installment, which will differ from the initial installment amount.

Assigning installments to students – Now assign the created installments to a whole batch of students in a single click. Simply upload a CSV file containing student details & done! All the students will be populated & have respective installments allocated.

Share Fees payment URL with students – Once you have created the fee structure with all the details, you can share the URL across your student base to let them pay online. You can share this URL on your website or by any other mode of communication.

How students pay their fees – We at Easebuzz understand that paying the hefty installment amounts online is a big deal for student & his family. This is why, before paying fees online, the student has to verify himself to avoid any risks regarding payment. The student, after accessing the fees payment URL will verify himself with his PRN number or any Unique Identification Number as per the institution’s record & only after successful verification, the student may proceed to pay.

Fees Payment Reports – As the students pay according to their installments,you can have a detailed report of students’ payments. These reports can be generated for the whole batch in a single click or you can even generate transaction wise reports. Also you can manage refunds raised by students from the dashboard.

Split Payouts with Feesbuzz

Education institutes that collect fees from their students include various categories according to their fee structure. The fee structure breakup will have a certain amount of tuition fees, library fees, hostel fees, project fees, library fees,etc.

So the fees that are collected from a student, is the total payment with respect to the fee structure. Having collected that, the institute will decide to make splits out of the total fee structure amount & those split amounts will be routed to respective accounts to map the purposes.

Like, a certain percentage of the total fee amount will be routed to institution’s tuition fees account, another percentage of total amount will be routed to library fees account, rest will be routed to hostel fees or any other account depending on the institute & its purpose.

As Feesbuzz is integrated with our online payment gateway named Easebuzz, you can avail split payouts to your multiple bank accounts. You being an institute user, will provide us a ratio of the splits which you wish to route to your accounts & we will route your payment to your bank accounts as per the split ratio that is provided by you. In the above case, if a situation of refund arises, we route the refund amount from your bank accounts to the customer’s bank account.

How Feesbuzz reduces manual intervention & boosts productivity

The above radar chart displays the difference in the performance of all the above aspects with Feesbuzz & without Feesbuzz i.e the traditional method

This is how Feesbuzz makes life easier for both institutes & students by eliminating all the tedious and prolonged processes of fees payment. Also automating the above aspects will ensure in accuracy & time will be saved at a greater extent, improving overall efficiency.

UPI 2.0

It is no surprise that UPI has been playing a critical role in encouraging digital payments in the country.

Post demonetisation, UPI-based online payments have soared in the country. According to a report of Inc 42, UPI has seen a massive growth in processing transactions, i.e from 0.93 million to 246 million within a time span of August 2016 to June 2018.

Also, the number of banks actively integrating with UPI has grown from 21 to 110 partner banks.

These are the reasons why UPI becoming the most preferred payment option:

  • Money transfer is possible anytime (24×7×365)

NPCI launched UPI 2.0 in August 2018, which is an updated version of UPI.

Key features of UPI 2.0

Linking of overdraft account : In addition to current and savings accounts, customers can link their overdraft account to UPI. Customers will be able to transact instantly and all benefits associated with overdraft account shall be made available to the users. UPI 2.0 will serve as an additional digital channel to access the overdraft account.

One-time mandate: UPI mandate could be used in a scenario where money is to be transferred later by providing commitment at present.UPI 2.0 mandates are created with one-time block functionality for transactions. Customers can pre-authorize a transaction and pay at a later date.It works seamlessly for merchants as well as for individuals. Mandates can be created and executed instantly. On the date of actual purchase, the amount will be automatically deducted and received by the merchant/individual user.

Invoice in the inbox: According to NPCI, this feature is designed for customers to check the invoice sent by merchant prior to making payment. It will help customers to view and verify the credentials and check whether it has come from the right merchant or not. Customers can pay after verifying the amount and other important details mentioned in the invoice.

Signed intent and QR:This feature is designed for customers to check the authenticity of merchants while scanning QR or quick response code. It notifies the user with information to know whether the merchant is a verified UPI merchant or not. This provides an additional security. Customers will be informed in case the receiver is not secured by way of notifications.

Business cases

With the launch of 2.0, UPI has the potential to digitize the entire ecosystem around the core payment functionality. Financial institutions (FIs) can look at utilizing the enhanced version of UPI and its features for multiple P2M (Person to Merchant) transactions across innovative use cases.High-value products/services will now also become attractive for UPI transactions as the amount has been revised and capped to 2,00,000 INR. Below are few business cases.

Future Scope of UPI 2.0

A report of Boston Consulting Group (BCG) says that between 2021–22 and 2024–25, the role of cash in the payments space will be shrink. The report said that UPI will dominate the payments space with 59% payments transactions. This would be followed by mobile and internet-based payments, which will constitute a fifth of the total number of cash and non-cash transactions.

The report further said that ATM transactions are expected to comprise 5% of total transactions between 2021–22 and 2024–25. It is being reported that the change in the payments landscape is a result of an intention to move towards a ‘cash-less economy’.

UPI 2.0 with its new features has a lot to offer consumers and merchants.From a consumer perspective, the functionality of the application will increase as it widely used nowadays.One could use it to book a taxi, pay for groceries, or purchase equity investments,etc.

In the near future, we at Easebuzz, will be looking forward to provide our merchants all the features that UPI 2.0 provides. We intent to provide our merchants UPI 2.0 as a payment option.

partner with easebuzz

Why You Should Partner with Easebuzz Right Away

From the barter system and metal coins to plastic cards and mobile transactions, the way we pay has evolved tremendously. Whether we are buying a pizza or even a life insurance policy, almost everything today is purchased within a single click. According to Statista, the number of individuals using mobile payments is expected to amount to 697.8 million by 2023 in India. With a number that high, it has become imperative for small and mid-sized businesses to partner with the best online payment service provider like Easebuzz, who can facilitate smooth online transactions. Now, let us delve deeper into why you should partner with us.

1. Do not spend more than five minutes to create a merchant account

Yes, you read that right. Gone are the days when you had to spend more than a week to submit all the documents, get them verified and wait until your account is created. With Easebuzz, you can bid farewell to this tedious process and create an account for your business within a couple of minutes. All we need is your KYC documents and bank account details. Once you have submitted all this, you will be all set to receive payments without any hassle.

2. Pay only when you use

When it comes to choosing a payment gateway solution, businesses often hesitate due to the high cost of investment. Well, you won’t have to worry about this when it comes to our payment solution. This is because we are a free portal. This means we do not charge anything until you do your first transaction through our platform. Want to learn more about our affordable pricing plans? Go here.

3. Don’t worry about security

Businesses are often worried about security when it comes to online payment. They have questions such as is this method safe? Will anyone steal my bank details? Will I lose my hard-earned money? With a partner like Easebuzz, you would not have to worry about any of this. This is because we use PCI-DSS compliant servers which makes our online transactions compliant with bank-level security. Accepting and paying money online through Easebuzz is as good as closing your eyes and doing it.

If you are looking for an online payment portal which will provide your customers with a better experience and help you save time and money, get in touch with us right away. You can also browse through our website to learn about our features and pricing plans. We hope this helps you out! Feel free to get in touch with us if you have any doubts or queries.

Evolution of payment gateway

Evolution of Payment Gateway

When it comes to payment methods, we have witnessed significant advances. From barter system to digital payments, we have come a long way. This blog outlines the evolution of payment gateway all over the globe.

Barter system begins

So, before we start talking about our protagonist, i.e. the best payment gateway for e-commerce, let’s have a quick glance at the payment methods used before payment gateway. Around 3000 BC the barter system was used. In the barter system, two or more parties engaged in an exchange that involved goods or services of the same value.

The closest a civilization came to discovery of coins

Around 1600 BC, China came closest to inventing the coin. Before 1600 BC, tools and weapons were widely used in China as a medium of exchange. To aid convenience, the Chinese started using miniatures of these tools and weapons. These miniatures were later made in the shape of a circle. At this point of time, this was the closest any civilization had come to the discovery of coins.

The advent of coins

In 600 BC, coins were minted for the first time in Lydia. They were made from a mixture of gold and silver called electrum. The king of Lydia, Alyattes, the fourth king of the Mermnad dynasty is credited to have minted the first gold coin. It was the official currency of Lydia.

China introduces cash to the world

In 806 AD, the printed notes were first used in China. Their western counterparts were not willing to implement this payment method at that time. But their usage grew over the next 500 years. Marco Polo was an Italian explorer who was one of the first explorers to provide a detailed report of his experiences in China. In his report, he wrote of the paper money being used in China, which made it a thriving economy.

Europe catches on

It was in the 16th century that European countries started using cash instead of coins. A bank in Sweden first introduced the concept of cash (paper money) in 1661. Eventually, more banks in Europe accepted the idea of paper money. These notes were issued to depositors and borrowers instead of coins. A bank was liable to pay the equivalent value of gold or silver coins if a person took these notes to the bank.

The world decides to go cashless

People realized that cash was merely a means to an end. It enabled you to buy the object you needed. So, the value was in a product and not the cash in the bank or cash at hand that bought it. That is when the idea of going cashless started to emerge. A notion developed that it was possible to transfer money without using these mediums. So you don’t have to carry cash and coins all the time.

Taking this notion forward in 1979, Visa introduced its breakthrough product: the credit card. So, what is a credit card? A credit card is a plastic card that enables us to buy goods and services on credit. The bank that issues the card decides a line of credit up to which a user can borrow money. This money is paid to the merchant who has offered goods or services. The credit card faced resistance initially when merchants didn’t have the necessary machinery at the point of sale. But eventually, it became a prominent electronic payment platform. This resulted in the development of the terminal ecosystem. A terminal is a device that facilitates electronic fund transfer once a card is swiped. This resulted in a significant increase in the sales of hardware manufacturers.

The internet era begins

By mid-90s the winds of change had begun to blow. The world witnessed an internet boom which took businesses online. This gave rise to several e-commerce giants. One of these online businesses is Amazon, who ventured into the business world as a start-up in 1994. It was followed by eBay in 1995. This increasing amount of online businesses made the terminal ecosystem insufficient. A better payment method was the need of the hour. This gave rise to companies that provided the technology of payment gateway.

So, what is a payment gateway? In simple words, a payment gateway is a means of making an online payment. It enables a merchant to collect money from the customer. It verifies the information provided by the user and the payment method and then authorizes the transaction. A customer provides sensitive data while making the transaction like card number, CVV, etc. To protect this sensitive data, payment gateway solutions use encryption.

Payment gateway companies focus merely on providing an interface between a payment portal such as a website and the acquiring bank. A few of these companies are PayPal, CyberSource, DataCash Group, etc.

Today, this new type of payment is not just limited to the western world. India has mirrored the scope for payment gateways as well. It has more than 1 billion mobile subscriptions, which is the second-largest in the world. There are over 240 million smart-phone users and these numbers are only going to increase. It is predicted that by 2020 over 600 million users will have internet access with 3G or 4G connections.

All of this provides a very promising future for payment gateway companies in India. Moreover, the government and regulatory bodies have created a congenial environment to welcome these companies. They have taken steps such as KYC relaxation for small transactions, 2-factor authentication exemption, etc. The most important action taken by the government was the promotion of cashless transactions. Indians were gradually shifting to cashless transactions, but the government regulations accelerated this process.

Today, these companies need to take care of several factors such as security, integration and transparency. Easebuzz is one such payment gateway company in Pune that focuses on facilitating online transactions. We are PCI DSS compliant. We provide end to end encryption that protects sensitive data and offers strong security to our clients. All of this makes us a perfect fit when it comes to choosing a safe and instant payment method in 2019.

Does Your Business Really need a Payment Gateway Solution?

Globalization has brought the world closer, but it has made it more complex. Gone are the days when payments were all about giving money to the cashier across the counter. Now, we have payment gateway solutions to help us out. Wondering what is a payment gateway and why your business needs it? This article will provide you with all the information you need to know about an online payment gateway. Let’s get started.

What is a payment gateway?

To put it in simple words, a payment gateway offers online payment solutions. Before processing the payment, a payment gateway identifies and verifies the payment method and then accepts the amount paid by the customer. Another important task that a payment gateway performs is that it encrypts sensitive information such as name, CVV and credit card number. All of this results in it being a very safe method of accepting payments.

Today, everyone has brought some product online. It seems very easy, isn’t it? Select the product you like, add it to your cart, make payment and voila! It is at your doorstep. What seems so easy actually involves a lot of processes taking place behind the scenes. Now, what ensures this smooth transfer of payments is a payment gateway. To explain further, it is a merchant service provided by an e-commerce application service provider that authorizes credit cards or direct payments processes for online e-business retailers or traditional brick and mortar retailers.

Now that the concept of a payment gateway is clear, let us focus on why does a merchant need one.

Why does a merchant need a payment gateway?

If you own a business online, you should have a payment gateway. According to Easebuzz mentioned below are the statistics that highlight why you need a payment gateway.

1. 42% of shoppers prefer online payment

2. It is expected that by 2023 the number of users making online payments will rise up to 699.4 million

3. The Digital India campaign resulted in 1.11 Billion digital transactions in January 2018

A payment gateway reduces the frequency of credit card theft and fraud as it encrypts sensitive information.

Now, that you know all you need to know about payment gateways you can go ahead and introduce one to your business that will increase the profitability. There are several factors you need to pay attention to while selecting a payment gateway, and it is advisable you do thorough research before choosing one. Easebuzz is a leading company in Pune that provides best payment gateway for small business. Make sure you visit their website before finalising a payment gateway solution for your business!

Security Measures in Payment Gateways

The boom of the e-commerce market in India has been so high that almost everyone buying products online are accustomed to the concept of payment gateway. An e-commerce payment gateway provides a secure platform to carry out the transaction process between the customer and the e-commerce website. You can either carry out the payment through your credit card, debit card or any other third party app.

The payment gateway is the crux of an online portal as most payment transactions happen online over a delivery mode like COD. Without a secure gateway, online websites cannot sell their goods or services, while customers cannot buy products without proceeding to a payment gateway.

Fear of fraud

The basic difference between buying a product from a local shop and buying online is a sense of trust. The chances of getting defraud while buying from a shop are minimal to zero, as compared to buying online. The common fears that are prevalent among customers are paying for a product online and never receiving it and risking our credit card/debit card details to a third party app.

Thankfully, the major players in the e-commerce business spend huge sums to maintain a robust framework so that we securely make transactions to buy products.

Let’s take a look at the security measures undertaken by these websites.

Security measures :

1. Data encryption

Data encryption is one of the most important security measures in the payment gateway. How does it work? When you enter your details in the payment gateway, it gets encrypted by using payment gateway public key and can only be decrypted by the payment gateway’s private key. Sounds hard to grasp? Consider this example.

When you are about to buy a product from an ‘X’ e-commerce’s app, and you click the credit card/debit card option, the app gives you ‘pay securely’ option, where you have ticked the box and as a result, the app saves the details so that the next you pay through the app, the process is sped up. This process is called encryption. The data can only be viewed by you and nobody else (unless somebody else views your phone). The data appears scrambled and illegible to anyone handling the server. This is known as decryption. It makes sure that your data is absolutely secured and even in case of a hack, your data appears illegible to the thieves in case they want to crack it.

2. Secure socket layer (SSL)

SSL is the standard security protocol used in online transactions which are practiced by all the major e-commerce websites. SSL establishes a link between a server and a browser. You enter the information on the browser and the information is taken by the server. SSL is also used for the authentication of the identity of the visiting customers and protects sensitive information like card details entered by customers.

While all the major e-commerce websites use SSL, the same cannot be said of the portals outside the list. So, it is advisable to the customers to only make transactions from websites with an SSL certificate. You can identify it by checking out the prefix ‘https’ at the start of the link and also look out for padlock symbol at the top left corner, adjacent to ‘https’.

3. Tokenization

Tokenization is a unique way of secure payment gateway, where the sensitive data like credit card/ debit card details are replaced with a string of illegible characters so that there is no risk associated with data breach. It secures the card’s data in the server and provides the customer with a unique token number that replaces the CC/DC details. Therefore, the next time the customer re-visits the website for a transaction, he can use the token number as a one-click payment.

These are some of the security measures used in payment gateways. If you are looking for online payment solutions practicing these security features, check out Easebuzz. It’s an online payment gateway in India that aims to make payment simple for businesses.

Important Security Measures for Online Businesses

Cyber-security is indispensable due to the increasing data breaches payment gateways are facing. Taking necessary security measures is critical to protect both consumers and the business.

Data breaches not only pose security risks, but hold the potential to adversely impact your business due to loss in customer trust.

An online payment gateway is among the vital components of an e-commerce store, because of which no stone should be left unturned in the cyber-security department.

As a merchant, the responsibility to have the purchasing process under control so that risk is reduced at every step of a checkout lies on you. Data thieves’ are always one step ahead with regard to how new technologies function. This makes it imperative to strictly minimize the vulnerable points of your online payment gateway.

Even though technology is developing rapidly, keeping up with these changes to completely prevent fraud is a herculean task.  Thankfully, there are warning signs you can look for to minimize the occurrence of such activities.

Following are some ways to safeguard your business from cybercrime:

1. Monitor orders before shipping

This includes international orders as well. While this could be a time consuming process in the long run it will save you money.  Getting a signature upon delivery is another good way of checking that the order has been delivered to the right person. Pay particular attention to late night and early morning orders, as it’s the time period fraudsters often make purchases.

2. Avoid Using HTTP

Make sure the merchant login page is not in HTTP. If you use a web page that is in HTTP you make your page vulnerable to many kinds of security threats. Redirecting users to fake login pages, changing important details on the page in the middle of a transaction and submitting data are possible in HTTP. To avoid such dangers, most login pages are in HTTPS format which is very secure.

3. Using HSTS

HSTS stands for HTTP Strict Transport Security. It can be understood as a type of a header that directs a browser to HTTPS whenever a particular site is opened.

Once the user visits the site that has been preloaded with HSTS, he is unable to get access to the site using HTTP ever again in the future.

4. Using Secure Cookies

Cookies might sound harmless, but they shouldn’t be taken for their face value. Cookies must be marked as secure so that the browser can transfer cookies when the request is in HTTPS. Secure cookies will prevent the browser from transmitting data whenever the site is in HTTP. By doing so, even if a hacker has access to your cookies he will be unable to control sensitive data and make any problematic changes.

The best online payment gateways in India ensure they have strong safety measures in place to protect your business from the rising cyber-crime, so make sure you choose one that offers the highest degree of security.

Role of Payment Gateways in the Growth of SMEs

For the longest time small businesses have looked at e-commerce giants such as Amazon, E-bay, and Flipkart with envy. However the tide appears to be turning in the favor of the little guys.

Online payment gateways are encouraging and educating SMEs to establish a strong presence in the e-commerce market with the help of online payment systems.

Taking their businesses online will facilitate a greater occurrence of innovations for SMEs. For this steps are to be taken, to make business owners comfortable with using apps and other high-end technology.

The SMEs who have jumped on the payment gateway wagon have reported a 10% increase in the number of clients, increased visibility, and greater networks which resulted in a higher number of leads.

Easebuzz, a high-ranked payment gateway in India is one such entity that handles end to end payment flow for growing businesses across the country. Their services include creating multiple stores according to the businesses’ requirements, payment link solutions, and a single platform for handling complex processes from one place.

With Easebuzz, business owners have the option to create products like events tickets, physical items, digital items or subscription based services with a free integrated payment gateway.

Business owners also have the option to connect and share links of their webstore with their customers using any social media channel. This is one payment gateway in India that makes the process of collecting payments faster and smarter.

Customers are updated about order statuses through an automated order tracking system, the marketing tool by Easebuzz can be utilized to send mass e-mails and SMSes to a large audience, your webstore will be available on multiple platforms with optimized performance so that your business has high accessibility.

Furthermore, Easebuzz also allows business owners to use real-time reports and analytics derived from their dashboard to make faster and more informed business decisions.

For SMEs who are looking for a payment gateway in India to help them get their business online and make a strong footing in the world of e-commerce, this is probably your best choice; no one else makes it as easy as Easebuzz does.

Why Do I Need an Online Payment Gateway for My Online Business?

Adoption of digital payment methods chosen over cash or other modes of transactions is on the rise.

Digital finance and payment methods are powerful tools of improving sales and business for e-commerce merchants.

Unfortunately a lot of merchants are unaware of such advantages and only 40% of merchants are aware and benefiting from this facility.

This article breaks down the significance, uses, and suitability of an online payment gateway for potential or existing online retailers. Read further to learn how payment gateways work and how you can choose the right payment gateway for your business.

What is a payment gateway?

An online payment gateway authorizes transactions for e-businesses, online retailers, or traditional brick and mortar stores. It is used to transfer information between a payment portal and an acquiring bank. Payment gateways encode private information such as credit card details, to keep the information transfer between a customer and merchant secure.

How do payment gateways work?

A payment gateway first pulls information from a credit card transaction, encrypts this information, directs this information to the credit card processor, where the transaction is finally approved or declined. This is a seamless process between you and your customer via your shopping cart and a secure connection.

Why should I use a payment gateway?

Payment gateways are vital for keeping online transactions secure. They can be integrated with most websites and shopping carts online, to streamline online credit card processing. A shopping cart is usually used before the payment gateway. This allows customers to choose items they want to purchase and at the checkout, the shopping cart totals the items, adds tax and shipping and collects customer’s shipping and billing information.

How do I choose the best payment gateway?

Here is a checklist to finding the best payment gateway for your e-business:

  1. Budget of payment gateway

  2. Time of accepting payments

  3. Time of receiving revenue from sales

  4. Security of the gateway

  5. Cards accepted

  6. Compatibility with existing integrations

We hope this article was helpful in answering some doubts you may have had around using an online payment gateway.

Easebuzz – The Easy solution to payments!

What comes to your mind when you think of “Payments”?

– Is it cash or Plastic money?

– Is it the expenditure or the earnings?

Do you think of a hassle-free experience when it comes to payments or do you consider it as a tedious task?

No matter what your thoughts are, payments will always be an integral part of your life. Right from the very beginning of time, people have found ways to make payments. Starting with the Barter system, going on to paying in livestock to crude metal coins and gold, the evolution of payments does seem to amaze one and all. From cash to plastic money, and now mobile payments, this industry seems to be adapting to the technology really quickly. The first ever documented online purchase was made in 1994 to purchase a pepperoni pizza with mushrooms and extra cheese from Pizza Hut. Following this, online payment took the world by storm, providing a smooth experience to the users.

In today’s world, cash seems to be a vanishing commodity. This era is dominated by online payment solutions like online payment gateway, link solutions and online web stores which ease the life of the people and provide them with the freedom of not having to carry the cash around and worrying about the same. Today, everything is a just a click away, thanks to online payments! The petty bickering over change is now a long foregone thing; a simple swipe of the card or entering the OTP serves the purpose.

India, being on the verge of transition to a cashless and digital economy, has seen the growth of many payment gateways over the years. These online payment gateways are now the rulers in the payment industry. With the best possible features, they also provide 24*7 support, quick and on-the-go payment options. Easebuzz is one such platform – the rising star of the payment gateways in India with over 15,000+ merchants on board.

With all the requisite security concerns in place (PCI-DSS Compliance, 128 bit SSL), Easebuzz does not require the customers to create an account to make the payment. Neither does it store any card details. For the merchants, it has a quick on-boarding process (2 minutes) with just the requirement of the KYC documents and the bank details. You will never find a simpler process for any Payment gateways in India.

Hoping to see you joining the Easebuzz family soon!