Payment aggregator (PA)
A company that helps businesses accept payments through multiple payment methods on their website or app.
It bundles multiple PGs and payment methods into one integration.
Eg Razorpay, PayU, Cashfree, Paytm, CCAvenue
First, let’s understand the different players and terminologies involved
It is a software that enables businesses to accept card payments on their website or app.
Need to have individual accounts and integration with each provider.
Examples: Banks like HDFC, ICICI
A company that helps businesses accept payments through multiple payment methods on their website or app.
It bundles multiple PGs and payment methods into one integration.
Eg Razorpay, PayU, Cashfree, Paytm, CCAvenue
It is a technology layer on top of technical service providers with new-age payment methods along with the traditional ones.
It bundles the best of multiple PAs in one integration with a focus on superior customer experience
Examples: Recopays, Bolt
New age businesses care about personalised customer experience, fast go-live and easy payments operations management. With Recopays, get all of these and more under a single API.
Give your customers a quick, easy and personalized One-Click Checkout experience across devices
Save technical effort with leading technical service providers under one integration
Offer fast payments via the top BNPL providers with the best UPI experience across apps or browsers
Get control of the payment processing fees with the transparent Recopays checkout charge
Obtain approvals from multiple PAs and payment methods at one go with a simple onboarding process
Grow your business with a checkout flow built to improve payment success rates reducing cart abandonment