Best payment gateway for marketplace India 2026

For a **marketplace in India in 2026** (multi-vendor, split settlements, seller onboarding, escrow, payouts), the “best” payment gateway depends more on **fund flow architecture** than just transaction fees. The 4 strongest options right now are: 1. Razorpay 2. Cashfree Payments 3. PayU 4. Stripe For most Indian marketplaces, the practical winner is usually: - **Razorpay** → best overall developer + marketplace stack - **Cashfree** → best for payouts/split settlements - **Stripe** → best if global SaaS/international buyers matter - **PayU** → best for enterprise-scale + EMI-heavy c

For an online marketplace (multi-vendor platform) in India, choosing a standard e-commerce payment gateway isn’t enough. You need a solution that supports **Split Payments** (or Marketplace Routing). This feature allows a customer to check out with a single cart containing items from multiple sellers, automatically route the respective amounts to each seller's bank account, and seamlessly deduct your marketplace commission.[paytm.com](https://paytm.com/blog/bill-payments/payment-gateway-marketplaces-split-payments-multi/#:~:text=When%20a%20customer%20pays%20for,your%20marketplace%20earns%20as%

In 2026, the best payment gateway for a marketplace in India depends on your specific focus—whether you need complex **vendor payouts**, seamless **UPI integration**, or **global reach**. Unlike standard gateways, marketplace solutions must handle multi-party fund splitting and automated seller onboarding. (https://www.usatoday.com/pres