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PayU Payment Gateway FREE with Zepo

We realize that payment gateways are priced rather highly. And for small businesses it means that the high cost of processing online payments would eat up margins. And that is why we offer you a free PayU payment gateway when you sign up with Zepo.

You get this free payment gateway on the following pricing plan:

1. Basic Plan, on both 6-month and 12-month subscription

Even though we provide you this payment gateway for free, it is registered on your company’s name and shall remain your company’s property life-long!

Q: Why a PayU free payment gateway?


A: Although PayU is a relatively new entrant in the market, it is already being used by the biggies in the ecommerce space, like Jabong, SnapDeal, BookMyShow and Ferns and Petals.

PayU also boasts of the highest conversion rates for online transactions – typically 12% higher than its competitors. Providing some of the best payment technology, like auto-retry and recommendation for failed transactions, you can also check out detailed analytics of all transactions.

Q: What do you mean by free PayU payment gateway?

A: There are 3 kinds of charges that are levied when you go in for a new payment gateway A/C, namely:

Set-Up fee: The set-up fee is a one-time non-refundable fee that is paid to the payment gateway provider, to open your PG account.

Transaction Discount Rate % (TDR%): It is the processing charges you pay to the PG provider, per transaction. They deduct this amount from every transaction and pass on the rest of it to you.

Suppose a customer pays you Rs. 100 for a product. When your TDR is 6%, they would deduct Rs. 6 + 12.36%(of Rs. 6) = Rs. 6.74.  Thus, Rs. 93.26 is deposited into your bank account.

This TDR is always borne by you, irrespective of which payment gateway you choose.

Annual Maintenance Charges (AMC): AMC is the maintenance charge for your payment gateway A/C, which is collected once a year.

An important point to remember is that service tax is applicable on Setup Fee, TDR and AMC.

When we say a FREE PayU gateway, this is what we mean. Depending on what pricing plan you go in for, the TDR changes accordingly.

In the Basic Plan,

Free PayU Payment Gateway
Charges Levied Basic Plan
Set-Up Fee 25,000 0
AMC* 2,400 0
Credit Card/ NetBanking TDR 4%
Debit Card TDR 4%

In the Starter Plan,

Free PayU Payment Gateway
Charges Levied Starter Plan
Set-Up Fee 25,000 0
AMC* 2,400 0
Credit Card/ NetBanking TDR 3%
Debit Card TDR 1.25%

* AMC is waived off for the first year only. It will be applicable from the 2nd year onwards.

We completely waive off your PayU PG set-up fee as well as the AMC. And your TDR% is brought down considerably.

Q: What are the payment options available with the PayU payment gateway?

A: All possible payment options are available with PayU including accepting payments by Credit and Debit Cards and Net banking options.

Payment Options Available Options
Credit Cards Master Card, Visa

American Express @3.25%

Debit Cards All Debit Cards


Net Banking Options  41 Banks


PayU supports 41 banks in total, which are listed below. These banks cover 95% of all internet transactions in India. And PayU adds new banks every week to its list.

  1. AXIS Bank NetBanking
  2. Bank of India
  3. Bank of Maharashtra
  4. Canara Bank
  5. Catholic Syrian Bank
  6. Central Bank of India
  7. Citibank Netbanking
  8. City Union Bank
  9. Corporation Bank
  10. Dhanlaxmi Bank
  11. Deutsche Bank
  12. Development Credit Bank
  13. DCB Bank Corporate Netbanking
  14. Federal Bank
  15. HDFC Bank
  16. ICICI NetBanking
  17. Indian Bank
  18. Indian Overseas Bank
  19. IndusInd Bank
  20. Industrial Development Bank of India
  21. ING Vyasa Bank
  22. Jammu and Kashmir Bank
  23. Karnataka Bank Ltd
  24. Karur Vysya Bank
  25. Karur Vyasa Corporate Netbanking
  26. Kotak Mahindra Bank
  27. Punjab National Bank Retail Banking
  28. PNB Corporate Netbaking
  29. Saraswat Netbanking
  30. South Indian Bank
  31. State Bank of Bikaner and Jaipur
  32. State Bank of Hydrabad
  33. State Bank of India
  34. State Bank of Mysore
  35. State Bank of Patiala
  36. State Bank of Travancore
  37. Union Bank of India
  38. Union Bank Corporate Netbanking
  39. United Bank of India
  40. Vijaya Bank
  41. Yes Bank

Q: What is the process of signing up for a PG A/C with PayU?

A: To sign up for a Payment Gateway A/C with PayU, 2 main things are needed from your end.

  1. Your brand should be a registered entity (sole proprietorship, Pvt. Ltd. Public Ltd., Limited Liability or anything else), and
  2. A Current Bank A/C

The other documents that will be needed are your generic documents like your PAN Card, electricity bill, etc.

So once you have all this in place, you are all set to get yourself a FREE PayU payment gateway for your Zepo stores, where your Set-Up Fee and AMC are completely waived off. And all you need to pay as TDR is 3% on every transaction.

Q: How long does it take for all payment options to start working?

A: Once documents & website will be good to go then within 10 working days services will be activated.

Initially some of the net-banking options are activated on your payment gateway. Unlike other payment gateways, PayU activates Mastercard and Visa together.

PS. If for the meanwhile, you would like an immediate solution, check out PayU Paisa. You can start accepting online payments in 48 hours. And continue using it till all payment options are activated on your payment gateway and even after.

Q: What name will appear in the bank/CC statement of the client when s/he makes a purchase on our site?

A: In all cases, whether you take a free payment gateway from us, or get your own, it would be your business name that would appear on the bank statement.

As mentioned earlier, the payment gateway that we give to you for free, is actually registered in your business name and so it belongs to you.

And therefore, on all credit card statements and also on the payment page, it would be your business name that would appear.

PS. We do offer other free payment gateways too. You can follow this link, to check them out.

Note -Zepo offers a free payment gateway for Domestic Transactions.

Q. What if you don’t have registered company  and current account?

A. PayU Money- Get a payment gateway in your name & start collecting payments in your savings account. All you need is to submit few

documents & you will go live in 48 hours!

Are you an awesome entrepreneur looking forward to opening an online business? Look no further! Give Zepo a try and start your online store in the next 5 mins.

Yes, I’d Like to Start My Own Online Business Now

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Tanya Rao

Tanya Rao

Curious Growth Hacker @ Zepo. Traveller. Foodie. Cider Lover. Social Media Enthusiast. Audiophile at the Cellular Level. Start-up Kid. Sarcasm is First Language. Madness Personified. Love Mondays.