Resumen
Toucan Payments is a payment aggregator operating in India. An aggregator brings several payment options together in one connection, so the merchant does not need separate arrangements with each bank and payment network.
How aggregators work in India
In India payment aggregators are a distinct regulated category: they collect customers' money on behalf of merchants and then pass it on to the seller. The typical method set in this market includes UPI, cards, netbanking and wallets, but which of these this provider supports is not stated, so request the list.
Who it suits
- online stores and services selling to Indian customers;
- start-ups that need to launch online payments quickly through one supplier;
- companies comparing aggregators in the Indian market.
Terms
Fees, settlement timing and merchant requirements are not disclosed. They usually depend on the business category and turnover; have your Indian entity's registration documents ready when you apply.
Legal entity
Toucan Payments (India) Private Limited.
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