E-Commerce Payment Gateways: Best Global & Multi-Currency Options for Indian Sellers

You’ve set up your store, put your products live, and finally get your first international order.

And then the payment fails.

Not because your product isn’t good, but because:

This is why choosing ecommerce payment gateways for an Indian business isn’t “just pick Stripe/PayPal and move on.” The “best payment gateway for Indian e-commerce” depends on how you sell (your own site vs marketplaces like Amazon), where your customers pay from, and how you want to handle FX + export compliance.

TL;DR

Why global payment gateways matter (more than you think)

Picture this: you’re selling a ₹5,000 product to a UK buyer.

At checkout, they see INR only.

Now they’re doing mental math, wondering what their bank will charge, and whether the final amount will match what they saw. Most people don’t “think it through.” They exit.

Multi-currency and local-friendly checkout isn’t a “nice-to-have.” It directly impacts:

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How payment gateways actually work (in one minute)

When a customer pays:

International payments add extra layers:

Payment gateway charges for e-commerce websites: what you’re actually paying

Most sellers compare only the headline “% per transaction” and miss the expensive parts.

Here’s the clean way to think about total cost:

Total cost ≈

The fee that quietly hurts the most: FX markup

A provider can advertise a low gateway fee and still take a margin via the exchange rate. That’s why you should always compare:

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The decision that makes everything simpler: where do you sell?

Most Indian sellers fall into one (or a mix) of these paths:

Path A: You sell on your own website (Shopify/WooCommerce/custom)

You need a true e-commerce payment gateway that:

Path B: You sell on marketplaces (Amazon Global Selling, Etsy, etc.)

You don’t control checkout. You control how you receive payouts. Your decision is basically:

Path C: You do both

Usually means:

Best ecommerce payment gateways for Indian sellers (Own website)

1) Stripe (great product, but India sellers should check setup constraints)

Stripe is a strong choice if you want a clean UX and developer-friendly integrations. Stripe’s own support notes that India-based Stripe accounts can accept international payments in 135+ foreign currencies, and also mentions needing a valid IEC for international payments. However, note that Stripe is currently "invite-only" in India. New businesses need to get approved before being onboarded on Stripe.   

If you’re India-based, also note Stripe has different fee plans for cross-border sellers (Stripe describes “Mainly Domestic” vs “Mainly International” approaches).

Best for: sellers who want a modern checkout + have technical support.

2) PayPal (trust unlocks conversions, but watch conversion economics)

PayPal can lift conversion simply because buyers recognize it. For sellers, PayPal publishes separate fee tables and cross-border/currency conversion considerations (fees can apply when conversion is involved)

Best for: overseas trust + as a backup wallet option. Watch out for: conversion spreads + cross-border fee add-ons (varies by corridor).

3) 2Checkout / Verifone (broad global coverage, “merchant-of-record”-ish feel)

2Checkout positions itself for selling globally with 200+ countries coverage and 130+ display currencies. 

Best for: sellers who want wide country coverage without heavy engineering.

4) Adyen (enterprise-grade, usually for scale)

Adyen is typically chosen by larger businesses that want one global stack. Adyen’s docs emphasise region-based settlement currency support and “like-for-like settlement” where available.

Best for: larger merchants who want enterprise routing, local methods, and optimisation.

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Indian-friendly gateways with global reach (Own website, INR settlement)

If you’re an Indian seller, you’ll often want a gateway that:

Razorpay (international cards + broad currency acceptance)

Razorpay markets the ability to accept international payments in 130+ currencies. 

Best for: sellers who want one gateway for India + international cards. You’ll still want to understand FX conversion and how settlement happens.

Cashfree (international cards + INR settlement + FIRC reporting pitch)

Cashfree’s international payment gateway page highlights acceptance in 140+ currencies and settlement in INR (T+2).  Cashfree also markets “FIRC compliance” and monthly FIRC reports for international payments. Cashfree

Best for: sellers who want international cards + faster INR settlement.

PayU (broad currency support)

PayU states it supports 130+ currencies for international payments.

Best for: merchants who want an India-first gateway with international reach.

If you’re an Amazon Global Seller: payment gateway ≠ your real problem

Amazon already collects money from the customer.

Your problem is: how Amazon pays you, what rate you get, and what paperwork you end up chasing.

Option 1: Amazon Currency Converter for Sellers (ACCS)

Amazon’s ACCS publishes volume-based pricing:

Amazon also notes funds generally arrive in your local bank account in 1–5 business days after disbursement initiation. 

Best for: simplest “do nothing” setup inside Amazon.

Option 2: Payoneer / PingPong-style payout platforms

Payoneer explicitly advertises a 0.5% fee for Amazon sellers on its “get paid by Amazon” page (always verify the exact terms for your account/corridor).  PingPong markets an “all-inclusive transaction fee up to 1%” for Amazon sellers and also mentions providing FIRC for each transaction.  However, remember to check for the forex rates platforms they are offering 

Best for: sellers who want a marketplace payout stack without bank SWIFT friction.

Why Skydo is a strong choice for Amazon/global e-commerce sellers

If you run your own Shopify/WooCommerce site, a gateway is literally your checkout.

But if Amazon Global Selling is your main engine, calling this a “payment gateway” problem is already the wrong frame.

On Amazon, customers pay Amazon. Your real problem starts after that: how you receive payouts, what FX you get, how fast INR hits your account, and whether your export paperwork is clean when you actually need it.

If Amazon Global Selling is your main channel: Skydo is the default pick

Amazon’s Currency Converter for Sellers (ACCS) is the simplest “set and forget” option. It’s tiered at 1.5% down to 0.75% based on your last-12-month cross-currency proceeds, and Amazon says payouts generally reach your local bank in 1–5 business days after disbursement initiation. 

That’s fine when you’re testing. But once Amazon becomes meaningful revenue, two things start to matter more than “simplicity”:

This is exactly where Skydo is positioned for Amazon sellers.

Skydo gives you global account details you can add to Amazon (US, UK, Canada, Spain + more) and lets you receive payouts in USD/GBP/EUR/AUD/CAD and other currencies.

It also offers a faster, trackable experience and India-local support response SLAs.

But the real differentiator is not just payouts — it’s payouts + export documentation handled end-to-end:

Skydo not only offers instant FIRA for Amazon sellers but also automates their eBRC, relieving exporters of a major compliance hassle. The time spent on chasing documents can now be utilised exporters to grow their business. 

Bottom line: For website checkouts, you pick a gateway. For Amazon Global Selling, you pick a payout + FX + compliance stack — and Skydo is purpose-built to be that stack.