Paysharp – A Feature-Rich, Flat-Fee Payment Gateway for Global Merchants

Paysharp is a payment aggregator authorized by RBI, located in Chennai, India. Since launching in 2019, Paysharp has provided a strong alternative to traditional payment gateways that impose a percentage-based merchant discount rate (MDR). Instead, Paysharp charges a flat fee of ₹5 per transaction, which makes it very cost-effective for B2B and high-value businesses.

Company Overview

Paysharp was founded in 2019 to provide efficient, affordable, and clear payment services for Indian businesses. The company is registered as a third-party Payment Aggregator approved by the Reserve Bank of India. It received final approval in 2024 after an initial in-principle nod in 2022.

With a growing team and strong financial support, Paysharp has already partnered with various merchants in sectors such as SaaS, logistics, utilities, and education. It has obtained certifications like ISO 27001:2022 and SOC 2, which highlight its dedication to data security and compliance.

Core Products and Features

1. UPI Payment Gateway

Paysharp’s UPI Payment Gateway enables merchants to accept payments directly through UPI. Businesses can integrate using flexible APIs, generate dynamic QR codes, or even use UPI intent-based flows. One of its standout features is the ability to create branded UPI handles for businesses, enhancing trust and brand recognition.

The flat ₹5 pricing model applies regardless of the transaction amount, making this ideal for businesses handling large-ticket UPI payments.

2. Payment Links

For businesses without developer resources or a custom checkout process, Paysharp offers a no-code payment link solution. Merchants can generate payment links and share them through channels like SMS, email, or WhatsApp. These links open directly to a UPI-based payment page where customers can complete the transaction securely.

3. Payment Pages

Paysharp provides customizable payment pages that can include branded elements, form fields (like dropdowns, textboxes, and lookups), and UPI support. Merchants can use these pages to collect specific data alongside payments, such as order IDs or customer details, without building a custom form from scratch.

This is ideal for small businesses, educational institutes, and NGOs looking to accept donations or event payments without a full website or app.

4. Virtual Accounts and Reconciliation

One of Paysharp’s most powerful features is its automated reconciliation system using virtual bank accounts. Businesses can create NEFT, IMPS, and RTGS-enabled virtual accounts for each customer or transaction. Every payment is auto-tagged, matched, and pushed to merchant systems in real time via webhook.

This drastically reduces manual reconciliation tasks, minimizes errors, and eliminates the need to scan bank statements or track down unidentified payments.

5. B2B Payment Gateway

Paysharp is optimized for high-value B2B transactions. Whether you’re a software company, wholesaler, or logistics firm handling large invoices, the ₹5 flat-fee model brings clarity and predictability to your cost structure. Unlike percentage-based MDR models that scale with transaction size, Paysharp ensures consistent fees, allowing businesses to retain more of their revenue.

Integration and Developer Tools

Paysharp offers a developer-friendly API suite, enabling businesses to quickly integrate UPI collections, refunds, settlements, virtual accounts, and webhooks into their backend systems. Their sandbox environment makes it easy to test integrations before going live.

The onboarding process is fully digital, requiring basic KYC documentation, and most merchants can go live within 2–3 working days. Dedicated support and assigned relationship managers help resolve queries efficiently throughout the integration journey.

Security and Compliance

Paysharp’s platform is built with security and compliance at its core. Key highlights include:

• ISO/IEC 27001:2022 Certification: Ensures robust information security management practices.

• SOC 2 Compliance: Demonstrates adherence to stringent data privacy and system availability standards.

• RBI-licensed: Authorized as a regulated third-party Payment Aggregator, providing credibility and trust to merchants.

All payments are processed in secure, PCI-compliant environments, and customer data is handled with strict confidentiality.

Real-World Use Case

A prominent example of Paysharp’s impact is seen in its collaboration with ServiceTree, a B2B service provider. Before switching to Paysharp, the company relied on manual payment reconciliation using UTRs, often facing delays of several days. After integration:

• All collections were auto-reconciled using virtual accounts.

• Notifications were delivered instantly via webhooks.

• Settlements were processed the same day.

• The company significantly reduced its back-office operations and eliminated suspense accounts.

Why Paysharp Stands Out

In a market where many payment gateways charge fees based on a percentage of each transaction, Paysharp’s flat-fee model is both different and refreshing. It gives businesses a cost structure that scales well without hidden fees or unexpected deductions.

By bringing together modern infrastructure, trusted compliance, easy integration, and automation tools, Paysharp helps businesses streamline collections, cut costs, and run more efficiently. Its flat-fee pricing is not only unique in India but also very appealing for businesses that handle high volumes and high-value transactions.

Conclusion

Paysharp has established itself as an innovative payment gateway that meets the real needs of merchants. Whether you are a startup seeking quick UPI integration or a large B2B company looking for affordable collections and real-time reconciliation, Paysharp provides value throughout the process.

Its compliance with regulations, secure platform, clear pricing, and customer-oriented tools make it a top option in the growing Indian payment market.