PayPal
PayPal is a global e-commerce business allowing payments and money transfers to be made through the Internet. Online money transfers serve as electronic alternatives to paying with traditional paper methods, such as checks and money orders.
PayPal is an acquirer, performing payment processing for online vendors, auction sites, and other commercial users, for which it charges a fee. It may also charge a fee for receiving money, proportional to the amount received. The fees depend on the currency used, the payment option used, the country of the sender, the country of the recipient, the amount sent and the recipient's account type.
WebMoney Transfer
Welcome to WebMoney Transfer — the global settlement system and environment for online business activities, established in 1998.WebMoney Transfer Technology is based on providing all its users with unique interfaces that allow to operate and control individual property rights for valuables (assets), stored at the specialized entities — the Guarantors.
All Guarantors — participants of the System are located in various jurisdictions and store valuables of various legal nature. Specific features of transactions with proprietary rights for values stored by each Guarantor, as well as their measurement units and the Guarantor’s obligations to exchange those proprietary rights with the currency of the country of its registration, are set out in the Agreements adopted respectively by every member of the System in the course of registering a ‘Purse’, which serves as the accounting attribute of the proprietary rights.
The process for paying for the services is very simple. Just go to the invoice and select the payment option as Webmoney and follow the on screen instructions.
Bankwire Transfer
Wire Transfer is one of the easiest offline modes of sending money globally. IDBI Bank has a vast network of correspondent banks through which money can be credited to any bank account in India.No matter where you are in the world, just issue Wire Transfer instructions to your local bank any money can be credited to any IDBI in India within 1-2 days.
Benefits:
- Super convenient offline mode – all you need to do is issue International Wire Transfer instructions to your local bank.
- Quick – Amount transferred to beneficiary account within 24 hours of IDBI receiving funds in its account held with the correspondent bank.
PayU
PayU is a fintech company that provides payment technology to online merchants. The company was founded in 2002 and is headquartered in Hoofddorp, Netherlands. It allows online businesses to accept and process payments through payment methods that can be integrated with web and mobile applications. PayU is a regulated financial institution. It holds licenses from national banks and local regulators. PayU's products include a PCI-DSS certified payment gateway, an anti-fraud system and an online Visa/MasterCard acquirer.
The benefits of Payumoney gateway are as given below:
- Zero setup cost.
- No documentation required for using PayUmoney tools for collecting payments.
- Create your website/store or events page in minutes.
- No technical knowledge required to start collecting money online.
- We have a strong dispute resolution team in place to tackle any claim or dispute raised by a buyer.