Transaction Analysts Payment Gateway

Introduction

Transaction Analysts is a strong digital payment gateway provider based in India. It operates as Transaction Analysts India Pvt. Ltd. and received initial approval from the Reserve Bank of India (RBI) in 2014 for Prepaid Payment Instruments (PPIs). In June 2024, it got in-principle approval for a Payment Aggregator (PA) license. This makes it one of the few companies allowed to aggregate and process payments for merchants and e-commerce platforms.

Designed for businesses that need complete payment processing solutions, Transaction Analysts offers a wide range of financial services. These include secure web gateway options, mobile invoicing, whitelabeled wallets, and strong fraud protection. Its wide-ranging services are supported by high-level compliance and certifications, making it a flexible partner for companies looking to access various payment methods.

Product & Service Overview

Payment Gateway

Tailored for e-commerce, web, and app-based merchants, Transaction Analysts offers a secure and reliable internet payment gateway that processes credit cards, debit cards, UPI, digital wallets, and net banking. Its modular gateway is built for fast integration via API and SDKs, catering to businesses of all sizes seeking seamless payment acceptance.

Mobile Invoicing & Challan Services

Ideal for field sales and client-based invoicing, the mobile invoicing tool enables on-the-spot billing. Adjustable invoicing templates and integrated payment options simplify collections. The platform also supports customized challan generation, ideal for distributors, logistics firms, and utilities, streamlining B2B processes with branded documentation.

Whitelabel Wallets

Businesses can deploy consumer-facing wallets under their own branding, leveraging the company’s PPI infrastructure. This enables issuers to manage top-ups, payouts, refunds, and balance tracking, all within a secure, white-label modular system.

Security & Compliance

Regulatory Credentials

Transaction Analysts holds a PPI license from 2014 and received in-principle approval for a PA license in June 2024. This dual-authorization ensures full compliance and capacity to serve merchants under PCI, PPI, and PA frameworks.

Certifications & Standards

• PCI-DSS: Compliant with Payment Card Industry Data Security Standard to safeguard cardholder data.

• ISO 27001:2022: Demonstrates maturity in information security management systems.

• ISO 9001:2015: Ensures quality management practices across operations.

Fraud Prevention & Security Controls

The platform employs advanced fraud detection algorithms and transaction-level analytics. Together with layered authentication and encryption, these controls proactively identify and mitigate suspicious patterns, safeguarding both merchants and consumers.

Payment Experience & Buyer Protection

Transaction Analysts emphasizes trust and transparency within customer journeys:

• Wide Payment Options: Accepts credit/debit cards, net banking, UPI, wallets, and other digital payment methods.

• Buyer Protection: Payment settlement can be delayed until the buyer confirms delivery of goods or services, offering added protection against non-fulfillment.

• Effortless Refunds: Refunds are initiated easily through a user-friendly dashboard and are processed back to the original payment source.

Integration & Developer Tools

Designed for technical efficiency, the platform offers:

• RESTful APIs for seamless gateway integration, invoicing, challans, and wallet operations.

• SDKs and Sample Code supporting major development frameworks including Java, PHP, Python, Node.js, Android, and iOS.

• Comprehensive Documentation: Developer portal, test environments, and real-time support ensure integration is smooth and efficient.

Regional Coverage & Ideal Industries

Market Focus

While headquartered in India and primarily supporting domestic payment systems, Transaction Analysts is capable of handling international digital payments through global card networks. It is well-positioned for regional expansion as digital commerce grows.

Best-fit Verticals

The solution is ideal for:

• E-commerce merchants seeking flexible and compliant payment acceptance.

• Field service providers needing on-the-go invoicing.

• FinTech platforms looking to deploy prepaid wallets.

• Logistics and supply chain companies that rely on challan generation and payment tracking.

• Small and medium enterprises (SMEs) requiring quick onboarding and strong data security.

Differentiating Advantages

1. Dual RBI Authorization: Holds both PPI and Payment Aggregator approvals, offering confidence in regulatory compliance.

2. All-in-One Platform: Combines gateway, invoicing, challan services, and wallet issuance.

3. Enterprise-Grade Security: Certified under PCI-DSS and ISO standards for security and quality.

4. Buyer-Centric Services: Includes escrow-like functionality for buyer protection.

5. Flexible White-Label Wallets: Allows branding and custom features for businesses issuing digital wallets.

Conclusion

Transaction Analysts is a licensed payment gateway provider that Indian businesses trust, along with more global firms. The company offers payment, billing, and wallet features that ensure reliable and secure transactions. It also provides easy integration for developers and merchants.

With certifications, regulatory trust, and protections for buyers, Transaction Analysts stands out as a solid choice for businesses wanting to improve their digital payment systems confidently.