Instamojo is a Bangalore-based startup that comes up with a payment solution in India for Small Businesses and Startups who want to sell their products online. With Instamojo, anyone can create a payment link and easily share it on their website, social media, email, or any other platform.
Instamojo was founded back in 2012 by 4 entrepreneurs -Aditya Sengupta, Harshad Sharma, Akash Gehani, and Sampad Swain. They started charging their customers 1.9 % on the transaction as their fees; more the transaction, lesser the fee slab. The payout takes place once in a week on every Friday, and all the customers receive their payment via their bank account through NEFT.
They make money; once a customer makes money, you have to pay a small transaction fee only upon any sale or receive money with no upfront fees, no cost to create a payment link or no other hidden charges.
Also, Instamojo offers cool analytics; click buttons to find the functions and other options, using the self-explanatory layout. They support Credit Cards, Debit cards, and Net-banking as their mode of payment.
You can also create a page to share on your website or simply sell products by integrating your website into it. They allow you to customize CTA buttons on your website.
To get connected with Instamojo you should associate with an Indian Bank, why? Here you go!