Fiserv (First Data) - ICICI Merchant Services vs. PhonePe

Fiserv (First Data) - ICICI Merchant Services

PhonePe

Overview
Product	Rating	Most Used By	Product Summary	Starting Price
Fiserv (First Data) - ICICI Merchant Services	Score 2.1 out of 10	N/A	Fiserv (formerly First Data) and ICICI Merchant Services combined a payment gateway and point-of-sale software and hardware solutions with features such as card & check acceptance, and merchant mobile commerce solutions, and ecommerce gateway. First Data merged with Fiserv in July 2019. Similar capabilities are now supplied by Fiserv Carat.	N/A
PhonePe	Score 6.0 out of 10	N/A	PhonePe is a mobile payments app that allows you to transfer money instantly to anyone, by using just their mobile number.	N/A

Pricing

Fiserv (First Data) - ICICI Merchant Services

PhonePe

Editions & Modules

No answers on this topic

Offerings

Pricing Offerings
Fiserv (First Data) - ICICI Merchant Services	PhonePe
Free Trial
No	No
Free/Freemium Version
No	No
Premium Consulting/Integration Services
No	No

Entry-level Setup Fee

No setup fee

Additional Details

—

Phone app is free. Transaction fees will vary according to businesses.

More Pricing Information

Community Pulse
	Fiserv (First Data) - ICICI Merchant Services	PhonePe

Features

Fiserv (First Data) - ICICI Merchant Services

PhonePe

Payment Gateways

Comparison of Payment Gateways features of Product A and Product B
	Fiserv (First Data) - ICICI Merchant Services - Ratings	PhonePe 5.2 2 Ratings 32% below category average
Fraud Detection	00 Ratings	3.02 Ratings
API or SDK	00 Ratings	3.01 Ratings
Recurring Payment Support	00 Ratings	7.52 Ratings
Billing and Invoicing Support	00 Ratings	7.52 Ratings
Global Support	00 Ratings	6.52 Ratings
Payment Form Acceptance	00 Ratings	4.01 Ratings

Best Alternatives
	Fiserv (First Data) - ICICI Merchant Services	PhonePe
Small Businesses	Apple Pay Score 8.9 out of 10	Apple Pay Score 8.9 out of 10
Medium-sized Companies	Apple Pay Score 8.9 out of 10	Apple Pay Score 8.9 out of 10
Enterprises	Adyen Score 8.7 out of 10	Adyen Score 8.7 out of 10
All Alternatives	View all alternatives	View all alternatives

User Ratings
	Fiserv (First Data) - ICICI Merchant Services	PhonePe
Likelihood to Recommend	4.7 (7 ratings)	6.0 (2 ratings)

User Testimonials
	Fiserv (First Data) - ICICI Merchant Services	PhonePe
Likelihood to Recommend	Fiserv The software which is web-based offers our employees access the portal for reporting, credit card processing remotely. This feature has been very useful during the current Covid environment. Incentivized John Bevilacqua Controller & Finance Director Read full review	PhonePe Primary benefit is hassle-free payment to the merchant. You can purchase both online and offline without using cash to make the payment. Simply scan the QR code using the Phonepe app on your smartphone to make a payment into the merchant's account. And as said, its rewarding, you surely get a scratch card on every transaction that may either offer you cashback or a discount code for some vendor site shopping. Incentivized Aishwarya Varshney Infrastructure Engineer Read full review
Pros	Fiserv Securely stores data on FirstData's servers so that I don't have to worry about the technical details there. Integrates well with WordPress and WooCommerce and provides a seamless user experience. Allows customers to pay while staying on site, rather than leaving and coming back like PayPal. Incentivized Ruby Javaid Chief Designer Read full review	PhonePe Payment status confirmation User details before the payment start Bills and Payment Reminders of the bills Incentivized Pankaj Choudhary Freelancer Android Developer Read full review
Cons	Fiserv They're too big of a company, each division seems to know only about their own area to such a specific degree that if we make an inquiry about how another division integrates with whoever we're talking to, we're told to contact the other team. Constantly finding out there is yet another team that we need to work with to troubleshoot an issue. Incentivized Verified User Anonymous Read full review	PhonePe Like GPay, you dont have the option for secure login using PIN or password. Sometimes your transaction gets stuck in between for long duration, so that's a technical bug with this app. if you are booking your travel tickets with PhonePe and in case you cancelled it. Then you wont get any refunds for that. Incentivized Aishwarya Varshney Infrastructure Engineer Read full review
Alternatives Considered	Fiserv First Data is competive on its rate. Quality is acceptable, but not good compared to its competitors mentioned above. Incentivized Verified User Anonymous Read full review	PhonePe In case of payment failed we check the payment on the our app its showing on our app then it will definitely come other wise it will be refund to the customer, Its a unique feature. None of the other app has this feature. Its very simple to use as compare to the other compititive apps. Incentivized Pankaj Choudhary Freelancer Android Developer Read full review
Return on Investment	Fiserv Our ROI has been very positive Our company has been able to process cash receipts remotely Our processing charges have been lower Incentivized John Bevilacqua Controller & Finance Director Read full review	PhonePe PhonePe instantly fetches the complete bank information based on your verified number. You can even buy gold and invest in mutual funds via same app. There are lots of fake accounts on PhonePe so the company should allow legitimate account users only. Incentivized Aishwarya Varshney Infrastructure Engineer Read full review
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