Instamojo is a relatively new payment gateway, but it’s now has extended list of users, including end users and merchants, all across the globe. Within a very short time, Instamojo has secured a very tight spot in India and its users all over the country are increasing significantly. Being a very well-funded company, Instamojo enables the user to transfer and receive money to and from anyone within his circle in just a few seconds. Splitting bills are now easier than ever before and the user can even keep a track of his past transactions in order to keep a track of his expenditure pattern. Instamojo is highly secure as it is licensed by the Reserve Bank of India.
Instamojo saves the card details and other details of the user in order to provide him with a one tap checkout which makes transactions far more simple and highly user-friendly. Being very easy to setup, it also provides the user with lightning fast activation and a very powerful security for his personal details. By providing the user’s bank account number and IFSC code to Instamojo, he can now link any existing savings or current accounts and receive payments in the bank of choice.
It accept all types of debit and credit cards from any card association. The user can even save their card details to have a smooth experience when they visit the website/app next time. Net banking- more than 50 net banking options are available from various banks. Their Setup fees is zero and in 1 hours you can start accepting payment.
Review: Simply no issues with the payment gateway. The invoicing feature is the most extensively used feature of Instamojo, where they directly send a payment link to the users. Integration was fairly easy. Overall a very good application with nice support.