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Digital Payment Gateway


Digital Payment Gateway: Relevance

  • GS 3: Indian Economy and issues relating to planning, mobilization, of resources, growth, development and employment.


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Digital Payment Gateway: Context

  • Recently, Ministry of Electronics & IT has launched Digital Payment Gateway to make the internet accessible to everyone.


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Digital Payment Gateway: Key points

  • It has been launched by National Internet Exchange of India (NIXI), a not-for-profit Company under the aegis of the Ministry of Electronics and Information Technology (MeitY).
  • To facilitate its customers and partners, NIXI has gone digital by enabling digital payments across its three business units by integrating payment gateways on all its customer-facing websites for ease of use.
  • NIXI has been contributing to the Digital India Mission by helping the Internet Infrastructure to be self-reliant, robust and secure.
  • This initiative of our own payment gateway will ensure more digital independence and transparency in NIXI’s own ecosystem.
  • NIXI has partnered with PayU and NSDL to offer the Payment gateway services.


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NIXI payment gateway partners

  • PayU: PayU is India’s leading payment gateways which provides payment gateway solutions to online businesses and serves more than 4,50,000+ merchants with over 100+ payment methods.
  • NSDL: NSDL is one of the largest Depositories in the World and has established a state-of-the-art infrastructure that handles most of the securities held and settled in dematerialized form in the Indian capital market. They also provide secure and seamless payment gateway services to businesses.


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What is a payment gateway?

  • А payment gateway is the technology that captures and transfers payment data from the customer to the acquirer and then transfers the payment acceptance or decline back to the customer.
  • A payment gateway keeps the payments ecosystem rolling smoothly, as it enables online payments for consumers and businesses.
  • It acts as an interface between a merchant’s website and its acquirer.
  • It encrypts sensitive credit card details, and ensures that information is passed securely from the customer to the acquiring bank, via the merchant.

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