Founded in 2007 by two college friends, Flipkart is an e-commerce company that operates in India. It offers products ranging from electronics, clothing, and household items, personal and health care products. Earlier Flipkart had launched its payment gateway service, PayZippy. But since it’s shut down, Flipkart has been using ngpay, a payment service and marketplace that get most of its business from its mobile app.
Snapdeal is another online shopping site started by IIT alumnus in 2010 and based in Delhi. Snapdeal also has own payment gateway solution, Klickpay allowing users to make payment for their purchases on the site. The service is for those who are wary of sharing their credit card details for online transactions. By positioning itself as a platform that facilitates online payments without disclosing the user’s credit or debit card details to the merchant.
Myntra is an online shopping site for clothing, shoes and fashion accessories for both men and women; It has its headquarters in Bangalore. Myntra uses CCAvenue for its payment gateway. It provides a fast and secure mode of payment with innovative and advanced tools. Myntra offers a range of features that are free of cost for all the customers with the Payment Gateway. One of the most trusted option as a payment gateway.
Homeshop 18, a digital merchandise company catering to fulfill major electronics and household items for consumers across the country through TV, web and mobile. Homeshop18 has partnered with Paytm to provide customers with a convenient and secure payment gateway. It has tied up for the wallet feature provided to clients. Paytm’s one-touch payment mode offers customers simplicity to buy with a click. Unlike other gateways, it provides customized solutions to meet the product’s needs, to support seamless mobile transactions that incorporate 3D secure portals and OTPs.
It is an e-commerce portal for selling apparel, footwear, accessories, beauty products, fragrances, and home accessories. Jabong provides online shopping to India for men, women & kids. Jabong has tie-up with CC Avenue for secure and easy payment gateway. It provides a range of services along with many innovative features such as phone pay, real-time live monitoring tool and SNIP which allows a collection of payments throughout social media.
Top 5 Companies and their payment gateway abroad
It was started in 1995 initially as an online bookstore and has now grown to be the topmost e-commerce company globally. Now they sell products ranging from electronics, apparels, accessories, décor and many more. Amazon itself has a payment gateway that offers a secure payment service for sellers and affiliates of Amazon. With the Login and Pay features, paying for your product is a fast and secure way to pay through your Smartphone or desktop. Buying becomes easy as it can is done with just the tap of your finger.
- com Inc.
JD.com or Jingdong Mall is the second largest e-Commerce company in China after Alibaba. Established in 1996 the company strives to give the best shopping experience online to their customers. They use various merchants for the payment gateway. Retailers offer their clients with safe payment methods such as installment payments, open invoice, and direct debit.
Walmart is an American company and the largest retailer; it has numerous outlets across the globe. All their products are available online to the consumers. Wal-Mart Stores Inc. is among roughly two dozen retailers working together to develop a mobile-payments system.
An American online company ebay is basically a like market place where any seller can list their products for customers. Ebay is one of the oldest web markets with both auction and buy now features. Ebay still uses PayPal as their payment gateway even after being their separation. They also use Payflow which is a flexible payment gateway solution that you use with your Internet merchant account to process your credit card transactions online. Authorize.Net is another payment gateway services accepted by thousands of small to medium sized businesses willing to accept credit card and electronic check payments quickly and affordably. Ebay also recognizes services of CyberSource for the e-payment needs of merchants worldwide.
- Otto Group
Otto Group is a German company and is the second largest online retailer. For the Otto Group, Computop processes online payments. Customers of the Otto Group get access to more than 50 domestic and international payment methods via Paygate that include RatePay and Yapital as well as a wide selection of international merchant banks for card payments. They do not require setup, monthly or transaction fees, 3D secure feature and easy to use features.