Inscribe Payment License For Free

Eligibility Criteria for Payment Gateway License in India The applicant must either be a private or a public limited company. ... The Company must have a PCI DSS certification. The net worth of the Company should be at least 15 Crore. The net worth should increase to INR 25 Crores within 3 years of operation.

PayU. PayU is one of the top payment gateways in India, which supports 150+ modes of payment including UPI, net banking, debit and credit cards, and static and dynamic QR. The payment gateway allows businesses to accept payments in multiple currencies.

Step-by-Step Process for Obtaining a Payment Gateway License Step 1:- Filling an application Form. ... Step 2:- Registration Fee. ... Step 3:- Application Assessment. ... Step 4:- Application Scrutiny. ... Step 5:- Grant of certification.

Wallets: Paytm, Airtel Money, Freecharge, Mobikwik, Ola Money, Jiomoney: Flat fee @ 1.90% + GST per transaction. UPI: Flat fee @ 1.90% + GST per transaction. International Credit Cards on Visa, Mastercard, and American Express: Flat fee @ 3.5% + Rs 7 per transaction. Taxes extra as applicable from time to time.

Startup Costs Startup CostAverage Amount Range (USD)Hiring and training of a dedicated team$100,000-$500,000+Marketing and advertising costs$10,000-$50,000Payment processing fees1-5% per transactionFees for obtaining necessary licenses and permits$2,000-$10,0006 more rows ?

Use the CORES Payment System To Pay Regulatory Fees Pay quickly and accurately online by credit card or debit from a bank account. Electronically submit a large volume of fees, with no paper filing for online payments. Save your fee information and then easily access your information later when you return.

Payment Methods Pay by credit card or debit from a bank account. FCC Form 159 - This form is used to accompany payments by check, as well as to effectuate wire transfer.

Establishing a Payment Gateway without Company registration is not possible. The Company must have a PCI DSS certification. The net worth of the Company should be at least 15 Crore. The net worth should increase to INR 25 Crores within 3 years of operation.