Payment Processors Usage Statistics and Market Share in India (.in)
We are tracking usage statistics and market share of 27 web technologies in Payment Processors in India (.in). In April 2024 the most popular web technology in Payment Processors in India (.in) is PayPal with 28% market share. In second place there is Visa with 18% market share. After that there are American Express with 17%, Stripe with 10% and Razorpay with 10% market share. Top 5 web technologies together have 82% market share. The remaining 22 web technologies in Payment Processors have a combined market share of 18%. Global Payment Processors market share report is available here.
About Payment Processors
A payment processor is a company appointed by a merchant to handle transactions from various channels such as credit cards and debit cards for merchant acquiring banks.
We are tracking 27 different technologies in Payment Processors.
There are 3,395 websites using Payment Processors in India (.in websites) in out database.
Payment Processors Usage Statistics and Market Share in India (.in) in April 2024
#1 PayPal 
28.28%
#2 Visa 
17.53%
#3 American Express 
17.03%
#4 Stripe 
11.55%
#5 Razorpay 
9.51%
#6 GiveWP 
8.01%
#7 Apple Pay 
2.59%
#8 Shop Pay 
0.80%
#9 Recurly 
0.74%
#10 Tabby 
0.59%
#11 SpurIT Recurring Payments App 
0.47%
#12 Amazon Pay 
0.32%
#13 Braintree 
0.24%
#14 Klarna Checkout 
0.24%
#15 Ko-fi 
0.24%
#16 Sezzle 
0.24%
#17 Venmo 
0.24%
#18 Chargebee 
0.21%
#19 Google Pay 
0.21%
#20 Paddle 
0.21%
#21 Afterpay 
0.18%
#22 eWAY Payments 
0.18%
#23 Square 
0.15%
#24 Simpl 
0.12%
#25 Zip 
0.12%
#26 Adyen 
0.03%
#27 Bolt Payments 
0.03%
Technologies in Payment Processors in India (.in)
PayPal
PayPal Holdings, Inc. is an American company operating a worldwide online payments system that supports online money transfers and serves as an electronic alternative to traditional paper methods like checks and money orders.
Visa
American Express
American Express, also known as Amex, facilitates electronic funds transfers throughout the world, most commonly through branded credit cards, debit cards and prepaid cards.
Stripe
Stripe offers online payment processing for internet businesses as well as fraud prevention, invoicing and subscription management.
Razorpay
Razorpay is a provider of an online payment gateway that allows businesses to accept, process, and disburse payments.
GiveWP
GiveWP is a donation plugin for WordPress.
Apple Pay
Apple Pay is a mobile payment and digital wallet service by Apple that allows users to make payments in person, in iOS apps, and on the web.
Shop Pay
Shop Pay is an accelerated checkout that lets customers save their email address, credit card, and shipping and billing information so they can complete their transaction faster the next time they are directed to the Shopify checkout.
Recurly
Recurly provides enterprise-class subscription billing and recurring payment management for thousands of businesses worldwide.
Tabby
Tabby is a Buy now pay later solution from Middle East.
SpurIT Recurring Payments App
SpurIT Recurring Payments App is a simple way to create a system of bill payment,subscriptions and invoicing.
Amazon Pay
Amazon Pay is an online payments processing service that is owned by Amazon. It lets you use the payment methods associated with your Amazon account to make payments for goods and services.
Braintree
Braintree, a division of PayPal, specializes in mobile and web payment systems for ecommerce companies. Braintree provides clients with a merchant account and a payment gateway.
Klarna Checkout
Klarna Checkout is a complete payment solution where Klarna handles a store's entire checkout.
Ko-fi
Ko-fi is an online platform that helps content creators get the financial support.
Sezzle
Sezzle offers a buy-now-pay-later solution.
Venmo
Venmo is a mobile payment service owned by PayPal. Venmo account holders can transfer funds to others via a mobile phone app.
Chargebee
Chargebee is a PCI Level 1 certified recurring billing platform for SaaS and subscription-based businesses.
Google Pay
Google Pay is a digital wallet platform and online payment system developed by Google to power in-app and tap-to-pay purchases on mobile devices, enabling users to make payments with Android phones, tablets or watches.
Paddle
Paddle is a billing and payment gateway for B2B SaaS companies.
Afterpay
Afterpay is a 'buy now, pay later' platform that makes it possible to pay off purchased goods in fortnightly instalments.
eWAY Payments
eWAY is a global omnichannel payment provider. The company processes secure credit card payments for merchants. eWay works through eCommerce.
Square
Square is a mobile payment company that offers business software, payment hardware products and small business services.
Simpl
Simpl is a fintech company that offers a cardless payment network with multiple solutions for merchants and consumers.
Zip
Zip is a payment service that lets you receive your purchase now and spread the total cost over a interest-free payment schedule.
Adyen
Adyen allows businesses to accept ecommerce, mobile, and point-of-sale payments.
Bolt Payments
Bolt powers a checkout experience designed to convert shoppers.
Payment Processors Market Share History in India (.in) in Last 12 Months
| Technology | June 2023 | July 2023 | August 2023 | September 2023 | October 2023 | November 2023 | December 2023 | January 2024 | February 2024 | March 2024 | April 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PayPal | 23.23% | 25.81% | 27.00% | 27.68% | 27.83% | 27.94% | 27.86% | 27.92% | 27.89% | 28.28% | 28.28% |
| Visa | 20.26% | 18.49% | 18.06% | 17.74% | 17.66% | 17.60% | 17.63% | 17.65% | 17.69% | 17.56% | 17.53% |
| American Express | 19.68% | 17.94% | 17.52% | 17.21% | 17.13% | 17.06% | 17.13% | 17.15% | 17.18% | 17.06% | 17.03% |
| Stripe | 11.96% | 11.88% | 11.82% | 11.74% | 11.65% | 11.64% | 11.65% | 11.64% | 11.66% | 11.54% | 11.55% |
| Razorpay | 9.23% | 9.56% | 9.39% | 9.44% | 9.61% | 9.61% | 9.64% | 9.65% | 9.55% | 9.50% | 9.51% |
| GiveWP | 7.23% | 8.08% | 8.02% | 8.12% | 8.08% | 8.02% | 7.99% | 7.88% | 7.89% | 7.97% | 8.01% |
| Apple Pay | 2.70% | 2.65% | 2.61% | 2.59% | 2.59% | 2.59% | 2.60% | 2.61% | 2.61% | 2.60% | 2.59% |
| Recurly | 0.88% | 0.81% | 0.80% | 0.79% | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% | 0.74% |
| Shop Pay | 0.73% | 0.75% | 0.77% | 0.76% | 0.77% | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% | 0.80% |
| Tabby | 0.61% | 0.60% | 0.59% | 0.59% | 0.59% | 0.65% | 0.59% | 0.59% | 0.59% | 0.59% | 0.59% |
| SpurIT Recurring Payments App | 0.49% | 0.48% | 0.48% | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% | 0.47% |
| Amazon Pay | 0.36% | 0.33% | 0.33% | 0.32% | 0.32% | 0.32% | 0.33% | 0.33% | 0.33% | 0.32% | 0.32% |
| Braintree | 0.27% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% |
| Ko-fi | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% |
| Sezzle | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% |
| Venmo | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% |
| Chargebee | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% |
| Google Pay | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% |
| Paddle | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% | 0.21% |
| eWAY Payments | 0.18% | 0.18% | 0.18% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.18% |
| Klarna Checkout | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% | 0.24% |
| Square | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% | 0.15% |
| Afterpay | 0.12% | 0.12% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% | 0.18% |
| Simpl | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| Zip | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% | 0.12% |
| Adyen | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |
| Bolt Payments | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% | 0.03% |