Instamojo -Payment Solution for Startups


Instamojo– One of emerging e-commerce and payment solutions.It is PCI-Compliant It’s a Indian based online payment solution startup. It development center is in Bangalore. Okay. Lets get into its business offerings.

Main Benefits:

No setup Fee:

No setup fee for integration or account opening similar to payumoney , which is good compared to other payment startups like paytm, zaakpay.

Transaction Cost:

They are charging 1.9% as transaction charge which is ideally good for companies having medium volumes.

T3 Payouts:

Instamojo process 3 business day payouts, which is one of advantage compared to payumoney. But PayuMoney process payouts with maximum time of 5 business days.

Support:

They have live support and support portal for technical support.

Setup time:

You can open the account instantly and proceed with payments.

Ideal for:

Freelancers, Small and medium business for collecting funds online and startups based in India.

Multicurrency support:

They are supporting only INR. Foreign currency and cards are not accepted.

Other Features:

Payment Link:

You can create payment link through online portal or API and share with your friends or business through all platforms.

Request Payment:

They provide option to request payment by simply giving email id or mobile number for payment request.

Online Store:

Like payumoney, Instamojo also has online store where you can sell your products directly.

Plugins :

Presta shop, Open cart[1.5.x, 2.0.x], CS-CART, Woo commerce, Magento, Drupal. They also support in other integration as well.

SMS and Email:

Instamojo also has email and sms notifications for payment request, payments and payouts to bank accounts.

If you are looking for a payment gateway without complexity, this is ideal for one for payment collection.

 

Click the below link to get 500 RS Bonus for signup.

www.instamojo.com

 

 

 

 


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