PayU is a platform that provides payment gateway technology to merchants or website owners. This company was founded in 2002. And, its headquarters are in the Netherlands. Naspers Limited is the parent organization of this platform. On this platform, anyone can set up and use it. It doesn’t matter if you are an exciting startup, online store, or any other business. So, it provides to all sizes of businesses across India to sign up using it.
While using this platform, there will be minimal development effort from your side. Also, the activation on this platform is instant. So, you just need to register. Then, your account will be activated within minutes. The main point is that there is no need for any physical documentation for using this platform. It allows you to connect your current or savings account with some minimum information. The payment will transfer directly to your account.
Along with the above features, PayU also provides you with the topmost security in the world. All the transactions done through this platform are safe and secure. These transactions are secured with two-factor authentication with 128 bit SSL encryption layers. So, the transaction and personal details of your user remain safe & intact. Also, there is a wide range of payment methods supported in it. These platforms are like debit & credit cards, UPI, net banking, and e-wallets.
Best PayU Alternatives For Personal & Business Use.
Personal Payment Service
PayPal is an online payments system platform which supports online money transfer worldwide. This platform was founded in 1998. With the popularity of PayPal, the traditional method of paper money like checks and drafts are being less used. Also, it has now become an international payment method. Because it is being used across many countries in the world. But basically, this platform is an American Company. When you send or receive a payment through PayPal, it charges a minimal amount for it as service charge. This platform is being used by many freelancers, bloggers, and businesses as well to do online payments. You just need to register an account on it which will simply take a few steps. Then, you can connect your bank account with it simply. So, when you receive a payment, it will be in PayPal. Then, you can directly transfer this money to your bank account.
- Application is available for Android and iOS.
- Trustworthy and All-in-One Payments System.
- Issues with Account Stability.
Payoneer is an online payment platform who offers services like online money transfer and digital payments services. It is owned by Payoneer Inc. It is a payment method through which you can get paid by your clients. And, you can also pay someone. The payment is done online through your bank account or credit card as well as a debit card. The payment which you are receiving will directly go into your local bank account. Payoneer e-wallet is provided which is specifically used for online money transfers. Payoneer is a specialist payment method when it comes to B2B(Business to Business) payments. It simply doesn't matter because it provides cross border transactions. This cross border transaction is spread over 200 countries across the world. With that, it also has support 150 local currencies. So, you can receive and withdraw the money in your countries currency as soon as possible.
- App is available for Apple and iOS.
- Simple and Secure Payment Transfer.
- No Payment Gateway is available with Payoneer.
Skrill is an e-commerce platform which offers online money transfer services. This platform was formerly known as Moneybookers. Paysafe Group is the parent company of this platform. This platform mostly emphasis on low-cost money transfers internationally. So, individual people can easily transfer money internationally. All the operations are done by Skrill Limited. The interface of this platform is pretty simple and intuitive. The Prepaid Debit card feature is the one which sets this platform apart from others. This platform has been made with topmost. So, there is not any compromise with your personal details. Also, this is an FCA regulated platform. And, it uses one of the leading risk and anti-fraud technology. So, your transaction details are not leaked to anyone. The main feature is that you can send or transfer money online anywhere and anytime. For that, you just need your skrill account email and password.
- Application is available for Android and iOS.
- Easy Account Setup with Solid Security.
- Customer Service isn't the Best.
Payza is an online payment company which you can use to send or receive money. It's under a parent organization named as MH Pillars Ltd. You can simply transfer your money from your bank account to the person you want to. It offers Payza e-wallet where you can keep your money. And, it allows you to withdraw that money at anytime you want to. It provides the facility to make a personal account as well as a business account. So, both businesses & individuals can use the service easily and efficiently. This service is supported by various shopping websites. So, you can shop online and pay directly through your Payza e-wallet. Also, it doesn't matter if the shopping website is a local one or an international one. Other than sending money, you can also accept payments from your friend, client or any other person you want to.
- Android and iOS application available.
- Accepts Bitcoin and Totally Secure.
- Verification Process is not good.
Payeer is an e-wallet through which you can send or receive money. It's one of the easiest and secured way e-wallets in the world. It owned and distributed by Payeer company itself. Along with e-wallets, it also supports multi-currency accounts. So, you can easily send or receive money without worrying about the currency. Because payeer will convert the currency in which you received your money to your local currency. And, you can use it simply for daily expenditure. Other accepting money, it also provides a feature to accept cryptocurrency and fiat. These payments can be accepted on your account. But, there are two types of account which can be opened on it. First one is personal/individual account and second is website/business account. Both of the accounts have their advantages and disadvantages. It's pretty simple to use Payeer. You just have to go to a website or application to register.
- Application is available for iOS and Android.
- Multi-currency and Cryptocurrency are accepted.
- Security SMS are paid.
Perfect Money is a financial service which allows people to make online payments through the internet. This was platform was launcher back in 2007. It is owned and distributed by Startup Research & Investment Ltd. While using it, you can simply do more transfers like send or receive it. Other than transferring the money, you can also store your money on its account. For that, you will also receive monthly interest in the same account. Also, this transfer method is supported by many online websites. So, you can also make payments through it while you are buying some stuff online. Depositing money in the account is pretty simple. It can be done through various methods like bank wire, instant bank transfer, bitcoin and much more. You can also but several currencies online through this platform. These currencies are USD, Gold Metal, Euro and Bitcoin. This platform is like a mobile bank.
- Available application on Android and iOS.
- Instant Transactions while depositing and withdrawing.
- High Fees on Withdrawals (2%)
Neteller is an e-money transaction service used to transfer money to or for merchants. This platform is powered by PaySafe Holdings UK Ltd. It is mostly used to transfer money for trading firms and social networking firms. With Neteller, you can easily pay, send and receive online payments. So, it's like an all-round tool which does everything. Also, while doing online payments or receiving them, you don't have to worry about anything. Because it is one of the fastest and secure payment methods worldwide. For that, you just have to register yourself on it. Firstly, you can sign up for an account which is free of cost. Then, you need to upload funds in your account. So, you can use them to make payments. As it is a popular platform so it is supported by various shopping websites on the internet. To transfer, you just need recipient's email address.
- App Available for Android and iOS.
- Great Rewards for Members.
- Withdraw Fees is Pretty high.
Paytm is an e-commerce payment platform which also provides you digital wallet to keep your money. The parent organization of this platform is One97 Communication Ltd. This platform offers you to send and transfer money with the help of just email. It will take a few percents of the amount, you are transferring to anyone. But while you are receiving the money, it won't deduct any money as the commission. Priorly, it was just a money transferring platform. But now, it has become an e-commerce website. You can buy many things through Paytm. With that, it also provides you a lot of features. Like, you can recharge your mobile numbers through it, book train as well as a movie ticket. Other than these, you can easily pay your electricity bill with just a few clicks. If you are using Paytm, then there are a lot of deals for you.
- iOS and Android Application available.
- Safe and Secure with wide acceptance.
- Not good Customer Support.
PayU Alternative Payment Gateways
Stripe is a technology-based platform which allows individuals as well as businesses to do money transaction over the internet. It is an American company based in San Francisco. This platform was founded in 2011, around 8 years ago. Although, it's not much time since it was launched. But, this platform has made its place in the market within this short period of time. This platform provides you with pretty good tools which you can use as a payment gateway over your website. It is mostly used by e-commerce websites, especially Shopify websites. With this platform, you will have such APIs with a powerful functionality which can never be found anywhere else. Over the years, Strip has experience of handling billions of dollars. So, you don't have to worry about your money and security. With this much experience, it always proves itself and succeeds in delivering topmost service for its users.
- App is available for Android and iOS.
- Money transferred in Bank Account automatically.
- Requires Few Days to Access Money.
Razorpay is an Indian internet platform which provides payment gateway to businesses. This platform is currently available in India only. Although, it allows you to accept payments from all over the world like USA, UK, and France. With this platform, you can easily have a payment gateway for your website as well as the app. Also, it is one of the secure payment gateways. So that your users don't have to compromise their personal information. It provides you a feature through which you can split payments for vendors. In this way, you will be able to manage the money flow. With Razorpay, you can also create payment links. And, send them to the recipient through an email or message. And, the payment will be done immediately which will save time. Last but not least, it offers you feature so that you can accept payments through RTGS, IMPS, and NEFT.
- Instant Approval with Easy Integration.
- Accepts Payments Through Smartlink.
- No 24/7 Customer Support.
2Checkout is a payment gateway which is mostly used by e-commerce websites. The parent organization of this platform is Avangate B.V. And, it was founded in 2006. This platform is an all-round monetizing platform. It is an international payment gateway. So, it can easily handle your international digital sales. With the all-around platform, it also means that it doesn't depend on what type of facilities, you need. But, it can easily help you tackling down all types of complexity from your business. And, easily expand your business. There are a number of facilities available on this platform. Like global payments, digital commerce, subscription billing and much more. Also, this platform is spread worldwide with serving in over 180 countries. So, your business is not compromised in any case. With that, it allows you to accept online as well as mobile payments from buyers across the world.
- No Need to Pay Setup or Monthly Fees.
- Major Payment methods like credit & debit cards and PayPal accepted.
- $20 is charged for full chargebacks.
CCAvenue is one of the largest payment gateways in the world which online payment processing options. This platform is owned by InfiBeam Avenue. So as you know, its a payment gateway. It provides service to thousands of merchants across the world. Also, the processes which are done are in real-time. With that, as it is an international platform, it provides support multiple currencies across the world. It helps in localizing the experience of your user. Then, it helps to enhance your business. With multiple currencies, there are a lot of payment options available in it. Like credit cards, 58+ net banking, 98+ debit cards, and 13 prepaid instruments. Also, it gives support to have EMIs with over 14 Banks. You cannot just use this platform for your website. But also, it offers you to use it for your android as well as an android application. All the transactions are very safe and secure.
- Customization Available.
- Multiple Currency Supported.
- Integration Tools are not very good.
We hope you all like these PayU alternative. If you believe we missed any important PayU alternative software then don’t forget to share it with us. We will definitely review it and add that PayU alternative tool into the list.