With the fast-moving digital economy of today, online payment acceptance is not a choice but a necessity. Whether small and start-up and freelance firms, small enterprises or budding e-commerce websites, a safe and sound payment gateway is the foundation of online trade. However, for most new or small businesses, high installation fees or monthly fees can be killer. Therefore, finding the top best payment gateway in India with no monthly fee is quite crucial.
If you need to have an economical way of receiving payments without losing features or security, keep reading to discover the best Indian payment gateway that does not charge any free monthly fees, offers easy integration, and world-class support.
Why Opt for a Free Monthly Fee Payment Gateway?
Most of the payment gateways in India charge a monthly fee for accessing premium functionality, high priority support, or improved settlement cycles. However, not all companies can afford this cost—particularly if they are new to the business.
The advantages of using a no monthly fee payment gateway are as follows:
No overheads – Pay only when you earn (through transaction fees)
Cost-effective – Best suited for freelancers, startups, and small businesses
Easy to scale – Grow big starting small as your business expands
Low risk – Experiment with various platforms without investing capital
This is ideal for individuals who need flexibility and control over the payment processing fee.
Features to Look For:
When selecting the most affordable low-cost best payment gateway in India that does not charge monthly, don’t consider the cost factor alone. Consider the following features as well:
No maintenance and setup fees
Low transaction fees
Support for a broad payment mode (UPI, cards, net banking, wallets)
Strong security capabilities (PCI-DSS, tokenization, 2FA)
Instant or fast settlement option
Simple website and app integration
Let’s go deep into the best payment gateways in India that offer all this—no monthly fee.
Best Payment Gateway in India Without Monthly Charge:
1. Razorpay
Razorpay is the most stable and utilized payment gateway in India. With its elegant look and developer-friendly platform, it is India’s top-rated payment gateway for small, medium-scale, and large businesses.
No setup fee or recurring fees
Simplified transaction-based pricing
UPI, credit/debit cards, net banking, wallet compatibility
WordPress, WooCommerce, Shopify, etc., WordPress plugins for free
PCI-DSS compliance with rampant fraud protection
Razorpay also offers valueendency products like payment links, subscription billing, and RazorpayX (business banking), hence becoming a one-stop-shop for digital commerce.
2. Cashfree Payments
Cashfree has gained unparalleled popularity due to its instant settlements and easy onboarding. It is one of the highest-demand option for startups and developers seeking flexibility with zero extra cost.
No set-up fees or regular payments
Competitive transaction rates
Includes instant settlement feature
PCI-DSS compliant with secure encryption of data
Easy integration with APIs and SDKs
If you’re looking for a lightweight and secure gateway that grows with your business, Cashfree is a great pick.
3. Instamojo
Instamojo is tailor-made for entrepreneurs, coaches, freelancers, and small business owners. It’s not only free to start but also comes with simple tools to start selling online without any coding.
Zero monthly or maintenance fees
Free payment links and smart pages
UPI, wallet, net banking, and card support
Secure payments with OTP authentication
Ideal to sell online products and sell event tickets
With no major hassle for setup and clean dashboards, Instamojo makes receiving payments a task of minutes.
4. PayKun
PayKun is another new gateway that offers strong capabilities without a monthly charge, so it is ideal for budget-sensitive companies.
No annual, setup, or monthly charges
Clear transaction fees
Major payment modes supported
PCI-DSS and SSL compliant platform
Developer-friendly and integrates quickly
It’s a great choice for those looking for ease, affordability, and excellent support.
5. PhonePe Payment Gateway (via PhonePe for Business)
India’s largest digital wallet, PhonePe, entered the business of merchant services via its PhonePe for Business platform.
No surprise or recurring charges
Zero-cost UPI integration
Trusted by crores of Indians
Mobile-first experience
Easy settlement monitoring with the PhonePe Business app
While having fewer features than Razorpay or Cashfree, it’s the perfect option for mobile-first startups and small businesses that require instant branding.
Conclusion:
Indian business today doesn’t have to cost much—and most especially, payment processing doesn’t have to be. With competing fintech solutions, there are numerous ways that one can get the best payment gateway in India without coughing up a normal monthly fee.
If a safe, feature-rich, and scalable gateway is required, bet on Cashfree and Razorpay. Instamojo is a favorite among solopreneurs or digital artists with unmatched ease of use and without any additional charges. The list is concluded with cost-effective flexible ones from PayKun and PhonePe for Business.
Choosing the best payment gateway in India that fits your business needs—totally free of monthly charges—will allow you to focus on what matters most: growth, customer delight, and smooth operations.
