Archive · 5 Dec 2025
Choosing Best Shopify Payment Gateway for Indian Businesses
Choosing the right payment gateway is super important for Indian Shopify businesses.
Nearly 70% of online shopping carts are abandoned, and often this happens at the payment stage.
With UPI being the most popular payment method, it's crucial to have a payment gateway that supports UPI, cards, net banking, and EMI options.
The cost of using a payment gateway includes a transaction discount rate (TDR) and 18% GST on the fee.
It's also important to consider the reliability of the payment gateway, such as its transaction success rate and settlement speed.
Additionally, the checkout process should be easy and offer features like faster reorders and affordability options.
The right payment gateway should also have a quick onboarding process, good customer support, and the ability to scale with your business.
There is no one-size-fits-all best payment gateway, so it's important to evaluate your specific business needs.
Nearly 70% of online carts are abandoned, often at the payment stage.
UPI powers over three-fourths of retail digital transactions in India.
A complete payment gateway should cover UPI, cards, net banking, and EMI options.
The real cost of a payment gateway includes the transaction discount rate (TDR) and 18% GST on the fee.
The right payment gateway should have a high transaction success rate, fast settlement speed, and good server uptime.
- Who
- Indian Shopify business owners
- What
- Choosing the right payment gateway for their online store
- When
- When setting up or optimizing their Shopify store
- Where
- India
- Why
- To reduce cart abandonment and increase sales
- UPI
- Integration with Google Pay, PhonePe, and other major apps
- Cards
- Credit and debit cards including RuPay, Visa, and Mastercard
- Netbanking
- Indispensable for higher-value transactions
- EMI
- Can lift average order values by up to 40%
- TDR
- Transaction Discount Rate, a percentage of every sale
- GST
- 18% GST charged on the fee itself
- Transaction Success Rate
- Critical metric for payment reliability
- Settlement Speed
- Standard is T+2, but same-day or instant settlements are available