Hello Friends, Welcome to my blog.
In this blog we learn how to create our own e-commerce store by using instamojo payment gatewate, how its work and how can we collect payment.
What is Payment Gateway?
Some time ago we have lot of problems to receive payment in our online business. If we sell any product online we have main problem how to collect payment to buyer, if we provide our bank account details its very bad option to security purpose and also some doubt created in buyer's mind.
But Payment gateway is very useful way to solve this problem, actually payment gateway is a mediator of buyer and seller for payment collection. Payment gateway provide many option like debit card, credit card, net banking, wallet payment to buyer without showing sellers's bank details.
We can say that payment gateway is very secure and trustable payment processing way those processing by some secure servers and can collect payment from buyer and sent to seller's account very securely.
What is Instamojo Payment Gateway?
We have many option of payment gateway like Paypal, PayUMoney, CC Avenue, Instamojo Etc. but here we can talk about Instamojo Payment Gateway because instamojo is very popular and its user friendly interface.
Instamojo Payment Gateway started from 2012 and successfully run till and its get very popularity in very small time. Instamojo Payment Gateway created only according to indian market requirements. Its all feature very useful and very easy to use for every one.
We can create our instamojo merchant account very easily within 10-15 mins and setup our online store without any problem. Here we can sell any physically and digital product. No any maintenance fees, no any setup charge.
How to create account on instamojo?
If you want to sell your Digital and Physical product on Instamojo or install instamojo payment gateway on your website first of all you click SignUp and go to instamojo website
Then you Click on SignUp free, Their is referral system also if you use any refer code you get 500 sign up bonus you can claim it on first successful transaction.
Now You click on SignUp For Free button
Now you can signup with facebook, google plus or email id. We suggest you join with email id.
enter your email id and one password then click on sign up button
Now you put your mobile no and get OTP verification.
Fill Your all details and click on next button
Create any username according to your choice and availability. then click on next button
Enter your which bank account details here, there you want to payment will withdrawal and click on accept terms & create account button
Now your account is created and you are able to use your dashboard and create your own store by using instamojo feautres. But this free account limited use only you can only doing 10000 INR transaction by here if you want upgrade you complete you KYC doc. It is 2-3 days process.
Charges applicable on transaction
There is some charges applicable on every selling.
- Debit card, Credit card, Netbanking, UPI and Wallet :- 2%+3 Rs per transaction
- American express card and international credit card:- 5%+3 Rs per transaction.
Prices will be changeable, you will check before signup.
So Friends i hope this information is very useful and knowledgeable for you and your business. If you like this blog Please Upvote&resteem , and any problem and suggestion please comment.
