PhonePe Payment Integration in E-commerce: How to Register and Integrate PhonePe with Aasaan
In this blog post, we will discuss how to register and integrate PhonePe as a payment method in your e-commerce platform using Aasaan.
PhonePe is a popular digital payment platform in India that allows users to make secure and convenient payments using their smartphones.
Integrating PhonePe into your e-commerce website can provide your customers with a seamless payment experience, leading to increased conversions and customer satisfaction.
Step 1: Registering with PhonePe
To begin, you need to register your business with PhonePe. Here are the steps to do so:
- Visit the PhonePe Business website at https://www.phonepe.com/business-solutions/payment-gateway/register/.
- Fill in the required details, including your Business website on which you wish to accept Payments, Contact person’s name, Contact person’s email address and phone number.
- Once you have completed the form, submit it by clicking on the “Sent OTP”.
- Once you submit the registration form, PhonePe will review your application and contact you for any additional information if required.
- Provide the requested documents and any additional information to PhonePe as per their instructions. These documents may include proof of business registration, identity proof, address proof, bank account details, etc.
- PhonePe will review your documents and verify your application, then email you the production credentials and integration details upon approval.
Step 2: Integrating PhonePe with Aasaan
Now that you have registered with PhonePe production credentials, you can integrate it with Aasaan, your e-commerce platform. Aasaan provides a simple and straightforward way to integrate PhonePe as a payment option. Follow these steps to get started:
- Log in to your Aasaan account and navigate to the “App Market > Apps > under Payment Integration> Phonepe”.
- Once the integration is enabled, you will need to configure the PhonePe settings.
- Provide the necessary details, such as the Merchant ID and Merchant ApiKey , Merchant ApiKey Index, which are provided by PhonePe.
- Save the changes and ensure that the PhonePe payment option is enabled on your website.
- Test the integration by placing a test order on your website and completing the payment using PhonePe. Make sure the payment is processed correctly and reflects in your PhonePe business account.
- Once you have confirmed that the integration is working smoothly, you can start accepting PhonePe payments on your e-commerce platform.
Benefits of PhonePe Integration
Integrating PhonePe with Aasaan offers several benefits for your e-commerce business and also there are many payment gateway available in Aasaan, To Know more:
- Increased Customer Base: PhonePe has a large user base in India, which means integrating it as a payment option can attract more customers to your website.
- Seamless and Secure Payments: PhonePe provides a user-friendly interface and secure payment infrastructure, ensuring a smooth and secure payment experience for your customers.
- Faster Transaction Processing: PhonePe offers quick transaction processing, reducing the time taken for payment confirmation and improving customer satisfaction.
- Enhanced Trustworthiness: By integrating a trusted and widely used payment platform like PhonePe, you can enhance the trustworthiness of your e-commerce website, leading to higher customer confidence and repeat purchases.
Conclusion
Integrating PhonePe as a payment option in your e-commerce platform using Aasaan can bring numerous advantages to your business. It provides a convenient, secure, and widely accepted payment method for your customers, ultimately leading to improved sales and customer satisfaction. Register with PhonePe and follow the integration steps mentioned above to leverage the benefits of this popular digital payment platform in your e-commerce business.
FAQ’S on PhonePe Payment Gateway for Aasaan
1. What is PhonePe Payment Gateway for Aasaan?
PhonePe Payment Gateway for Aasaan is a digital payment solution that allows Aasaan to accept and process payments from customers through PhonePe. It provides a seamless and secure payment experience, enabling customers to make payments using UPI, Credit Card, Debit Card, and Wallets. It also offers features like instant refunds, real-time tracking, and 24/7 customer support.
2. Which is the best payment gateway?
The “best” payment gateway can vary depending on your specific needs and requirements. However, some of the most popular and highly rated payment gateways include Stripe, PayPal, Square, and PhonePe. These gateways are known for their security, ease of use, and comprehensive features.
3. What additional features do I get with PhonePe Payment Gateway?
With PhonePe Payment Gateway, you get a host of additional features such as instant refunds, real-time payment tracking, and 24/7 customer support. It also supports multiple payment methods including UPI, Credit Card, Debit Card, and Wallets. Moreover, it offers a seamless and secure payment experience for customers.
4. Which payment gateways are approved by RBI?
The Reserve Bank of India (RBI) has approved several payment gateways for operation in India. These include PhonePe, PayU, Razorpay, CCAvenue, and PayPal among others. It’s important to note that these payment gateways are required to adhere to the guidelines and regulations set by the RBI.
5. How long does the PhonePe Payment Gateway integration take?
The integration time for PhonePe Payment Gateway can vary depending on the complexity of your website or app. However, typically, it can be integrated within a few days or few minutes. PhonePe provides comprehensive integration guides and technical support to assist with the process.