[gingerlime]

Slightly OT, but what's the simplest way to offer more payment options online in India? Is there a way to set up UPI as a foreign company?

For context: we're a small B2C bootstrapped company offering online anatomy learning. We use Stripe and Paypal (via Fastspring), but it seems like it's far from enough for the local market in India...

[pkphilip]

The best option is to tie up with a payment gateway like Razorpay, Instamojo etc. They allow a variety of payment methods including UPI and also what is called "Net Banking" - which is direct transfers from a bank account even without UPI being used.

They also support a variety of wallets.

Instamojo actually advertises that they support over 100 payment methods.

Some of these payment gateways also allows you a "Pay Later" option which allows the user to pay via a micro loan that they take from the gateway. This is apart from the credit card, debit card options.

Razorpay: https://razorpay.com/payment-gateway/

Instamojo: https://www.instamojo.com/

[captn3m0]

Razorpay only supports merchants registered in India.

Disclaimer: I work at Razorpay.

[pkphilip]

True. They will need some sort of an Indian subsidiary or go through an Indian registered company to allow Razorpay or Instamojo payments

[gingerlime]

Thank you. I’m not sure that’s an option for us unfortunately. Unless you know of some stripe atlas equivalent service for setting up a company in India?

[pkphilip]

Unfortunately I am not sure if there are other ways of doing this. You may want to check with one of the primary backend services of the payment gateways - fsstech.com