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Rapyd Payment Methods in India

 

The Fastest Way to Access and Offer India’s Top Payment Methods

Reach new customers and grow revenue with a single platform that provides a truly local payment experience in India and around the world.

Rapyd provides deep local payment expertise in every market and manages infrastructure, licensing, and compliance so you can focus on growing your business.

  • Local payment methods including cards, bank transfers, ewallets, and cash
  • Accept payments and make payouts in 100+ countries
  • Online, in-store and mobile app payments
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Top payment methods available through Rapyd in India

Cards

 

Local and international debit and credit card networks

eWallets

 

More than 10 ewallets drive online and offline purchases

Bank Transfers

 

Real-time and legacy transfers to over 157 Indian banks

Cash

 

Convert cash to electronic funds in convenience stores

Featured
Payment
Methods

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India Solidarity Programme: 0% MDR + No Fixed Fees

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Get the Guide

Uncover the ecommerce and payment data and trends you need to grow business and increase conversions in India and across the Asia-Pacific region.

  • Internet Penetration
    50%
  • Annual eCommerce Market Value
    $36.5 billion
  • Smartphone Penetration
    22%
  • Annual Mobile Commerce Market
    $16.8 billion
Rapyd Asia-Pacific eCommerce and Payments Guide
 

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Top eCommerce Payment Methods

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Provide a Local Payment Experience in India

The majority of online sales in India are cross-border and India’s vast population offers a high rate of sustained growth for companies that gain a foothold now. Success means localizing your online and mobile experiences and offering a variety of payment methods. While cards are currently the most popular way to pay, bank transfers and ewallets will overtake them quickly as more of India’s young, tech-savvy population comes online.

  • 74% Of the population transacts cross-border

Nielsen Connected Consumer

  • 60%Mobile as a percentage of ecommerce

J.P. Morgan Global Payment Trends

Contact Us to Get Started with Payments in India
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Collect

Accept cash, ewallets, cards, bank transfers

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Disburse

Send individual or mass payouts

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Wallet

Create a white-labeled ewallet for consumers or businesses

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Issuing

Issue physical or virtual cards to consumers or businesses

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©2020 Rapyd Financial Network (2016) Ltd.

Rapyd is a trading name of CashDash UK Limited. Which is authorized and regulated by the Financial Conduct Authority reference number 900769. Registered in England No 10207686.

Consumer Advisory +

Rapyd Pte Ltd and Rapyd Holding Pte Ltd, the holders of Rapyd's stored value facility, do not require the approval of the Monetary Authority of Singapore. Users are advised to read the terms and conditions carefully.

Rapyd is a FinTech Company and is a licensed entity in the following manner and in the following countries:

In the US, Rapyd provides regulated Services in partnership with Evolve Trust and Bank and is registered with the Financial Crimes Enforcement Network (FinCEN).

In the EU, Rapyd provides regulated Services through an e-money license issued by the Financial Conduct Authority (FCA), that is usable throughout the EU - licence number 900769.

In Mexico, Rapyd provides services through its local entity, Rapyd Networks Mexico, S.A.P.I. DE C.V., which is registered with the SHCP Secretaria de Hacienda y de Credito Publico and Secretaría de Relaciones Exteriores / Secretaría de Economía.

In Singapore, Rapyd is the holder of a Stored Value Facility (SVF) and a licensed remittance provider as administered by the Monetary Authority of Singapore (MAS) - remittance licence number 01561.

In the rest of the world, Rapyd provides regulated Services through select Network Partners.

The Rapyd Network Partners are incorporated, licensed and registered with each jurisdiction as required by each Regulatory Body.

If Rapyd, in select jurisdictions, provides certain regulated Services through its Network Partners, merchants may be subject to certain additional terms.

For inquiries or questions related to the Rapyd Consumer Advisory please click here.

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