Different Payment Providers

There are two types of payment providers:

• Bank Gateways: Banks like Axis, ICICI, HDFC, and so on provide their own payment gateway accounts.
• Aggregators: They work with banks and provide a wide range of payment methods.

You can add payment providers by adding a few details on the Razorpay Dashboard. Every provider has a different set of prerequisites and details. Before adding a provider, you should ensure that the payment gateway or aggregator is ready and has completed all the prerequisites.