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https://razorpay.com/ https://razorpay.com/ https://instamojo.com/ https://instamojo.com/ definitely some more
by gprasanth 11y ago
https://razorpay.com/ https://razorpay.com/
https://instamojo.com/ https://instamojo.com/
definitely some more
- superasn 11y agoI don't think either of them support recurring subscriptions like Paypal or 2checkout
- captn3m0 11y agoThe problem with recurring billing in India is that it doesn't work at all with the RBI 2 factor guidelines. We do have Standing Instructions, but they are harder to support for SaaS companies. If you rely on a service like PayPal/2Checkout, you face other issues: 1. Only international credit cards work. Indian market is heavily biased towards Debit Cards as of now 2. your money is processed internationally, which has it's own share of issues. Disclaimer: I work at Razorpay
- superasn 11y agoThis is fine for my use since I have a SaaS startup and most of our customers are from US/UK only. I think less than 2% of our customers are from India right now and they were able to pay with 2checkout with automatic recurring billing (without requiring otp).
- erbdex 11y agoThe RBI regulation is for companies incorporated in India only. This is one of the reason why Indian startups incorporate out of the US, Singapore etc.