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    Overview
    ProductRatingMost Used ByProduct SummaryStarting Price

    Nexway

    Score7.4 out of 10
    N/AFounded in 2002, Nexway is an e-commerce platform with a suite of personalized microservices. With 20 years of experience running merchant services & e-commerce solutions, Nexway handles the complexity of online sales and covers the full scope of e-commerce aspects. From invoicing to tax calculation, compliance and payment & financial institution integrations, security & data management, fraud and chargeback. The vendor states that…N/A

    Paytm

    Score8.5 out of 10
    N/APaytm is a mobile payment processing app from Indian company One97 Communications.N/A
    Pricing
    NexwayPaytm
    Editions & Modules
    No answers on this topic
    No answers on this topic
    Offerings
    Pricing Offerings
    NexwayPaytm
    Free Trial
    NoNo
    Free/Freemium Version
    NoNo
    Premium Consulting/Integration Services
    NoNo
    Entry-level Setup FeeNo setup feeNo setup fee
    Additional Details——
    More Pricing Information
    Community Pulse
    NexwayPaytm
    Considered Both Products
    Nexway
    No answer on this topic
    Paytm
    No answer on this topic
    Key User Insights
    Would buy again
    No answers on this topic
    94%
    Would buy again
    17 Answers
    Delivers good value for the price
    No answers on this topic
    100%
    Delivers good value for the price
    18 Answers
    Happy with the feature set
    No answers on this topic
    100%
    Happy with the feature set
    18 Answers
    Lived up to sales and marketing promises
    No answers on this topic
    85%
    Lived up to sales and marketing promises
    11 Answers
    Implementation went as expected
    No answers on this topic
    93%
    Implementation went as expected
    14 Answers
    Features
    NexwayPaytm
    Payment Gateways
    Comparison of Payment Gateways features of Nexway and Paytm
    Feature
    Nexway
    -
    Ratings
    Paytm
    6.4
    2 Ratings
    15% below category average
    Fraud Detection00 Ratings6.02 Ratings
    API or SDK00 Ratings6.52 Ratings
    Recurring Payment Support00 Ratings7.02 Ratings
    Billing and Invoicing Support00 Ratings7.02 Ratings
    Global Support00 Ratings5.52 Ratings
    Payment Form Acceptance00 Ratings6.52 Ratings
    Best Alternatives
    NexwayPaytm
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    WooCommerce Subscriptions
    Score8.7 out of 10
    Apple Pay
    Score9.1 out of 10
    Medium-sized Companies
    Chargebee
    Score8.5 out of 10
    Payoneer
    Score8 out of 10
    Enterprises
    Zuora
    Score8.5 out of 10
    Checkout.com
    Score10 out of 10
    All AlternativesView all alternativesView all alternatives
    User Ratings
    NexwayPaytm
    Likelihood to Recommend
    7.3
    (1 ratings)
    7.5
    (22 ratings)
    Usability
    -
    (0 ratings)
    8.0
    (2 ratings)
    Availability
    -
    (0 ratings)
    8.0
    (1 ratings)
    Performance
    -
    (0 ratings)
    7.0
    (1 ratings)
    Configurability
    -
    (0 ratings)
    8.0
    (1 ratings)
    Contract Terms and Pricing Model
    -
    (0 ratings)
    7.0
    (1 ratings)
    Ease of integration
    -
    (0 ratings)
    8.0
    (1 ratings)
    Product Scalability
    -
    (0 ratings)
    7.0
    (1 ratings)
    Vendor post-sale
    -
    (0 ratings)
    7.0
    (1 ratings)
    Vendor pre-sale
    -
    (0 ratings)
    5.0
    (1 ratings)
    User Testimonials
    NexwayPaytm
    Likelihood to Recommend
    Nexway
    The features and scalability of this solution impressed me and the customer-focused approach was a pleasant surprise. They paid attention to my specific needs and developed features that addressed them, allowing me to expand my business worldwide
    Read full review
    Paytm
    The portal is easy to understand. Anyone can use this payment gateway on their website or app. Small businesses also can use this gateway to accept payments from their customers. Payment notifications are instant and received fund gets settled in bank account without any delay. Provides less payment gateway charges for debit, credit, and prepaid cards where with UPI and rupay payment gateway charges are zero. It has a unique dashboard to monitor transaction details. Available in both web and mobile application.
    Incentivized
    Read full review
    Pros
    Nexway
    • Easy to use and integrate with my existing payment infrastructure.
    • Offers real-time fraud protection and a secure online payment environment.
    • Comprehensive reporting tools to track and manage transactions.
    • Highly customizable options to meet the needs of my business.
    • Ability to scale my business worldwide.
    Read full review
    Paytm
    • You can use Paytm to purchase from a selection of common items to luxurious items.
    • Tickets - Can be used to book tickets ranging from movie/concerts to flights/trains.
    • Bills - You can use Paytm to pay bills for your house/electricity/DTH.
    • Gifts - You can send gifts to your loved ones using Paytm.
    • UPI Transfer - Directly transfer money to another customer's bank account by UPI transfers.
    • Metro - Metro cards can be recharged from the app itself helping you beat the queue at metro stations.
    Incentivized
    Read full review
    Cons
    Nexway
    • The cost of the solution can be high for some businesses.
    • There are some limitations when it comes to certain payment methods.
    • The customer service response time can be slow sometimes.
    Read full review
    Paytm
    • One of the not so convenient things on Paytm is that if there is a connection failure while making a payment, your money is not credited directly to your bank account but rather to the Paytm Wallet, and this money can only be used by the Paytm platform.
    • In Paytm, user verification requires a personal visit to their physical offices, this can generate a lot of discomfort among potential users since if we want to use a virtual service it is precisely to encourage time saving.
    • You should be very careful when making purchases through Paytm's direct store, since in many occasions there are products of lower quality than the one offered and even fake products, it is better to use it to make payments to third parties and in considered amounts.
    Incentivized
    Read full review
    Likelihood to Renew
    Nexway
    No answers on this topic
    Paytm
    Good in-terms of sending reminders on Electricity bill payments and credit card bill payments.
    Incentivized
    Read full review
    Usability
    Nexway
    No answers on this topic
    Paytm
    Paytm is highly usable due to its wide range of services, seamless payment structure and user friendly UI support.
    Incentivized
    Read full review
    Reliability and Availability
    Nexway
    No answers on this topic
    Paytm
    Planned outages & downtime window
    Incentivized
    Read full review
    Performance
    Nexway
    No answers on this topic
    Paytm
    Slight improvements required
    Incentivized
    Read full review
    Support Rating
    Nexway
    No answers on this topic
    Paytm
    Need slight improvement on issues TAT
    Incentivized
    Read full review
    Alternatives Considered
    Nexway
    Nexway teams always ready to face challenges have been listening to our business needs with tailored solutions. This distinctive approach on the market will ensure that you get a solution that supports your company's ambitions and is up to your business expectations.
    Read full review
    Paytm
    I use Paytm just for the ticket booking system. For most of my daily transactions, Google Pay is the way. Google Pay has provided things very simple and faster. They always focus on a user-friendly env rather than adding everything to the app. They kept the app more simple and more useful.
    Incentivized
    Read full review
    Scalability
    Nexway
    No answers on this topic
    Paytm
    Easy to integrate
    Incentivized
    Read full review
    Return on Investment
    Nexway
    • Ability to scale my business worldwide.
    Read full review
    Paytm
    • It decreased checkout time for the user which allowed us to increase user experience.
    • Rarely, I used to face issues with transactions. If order got cancelled refunding of money, settling them etc.,
    • Since Paytm has link with UPI and I am able to collect money from any UPI applications, using credit or debit card, and internet banking it acted as single stop solution for me. There is no need to have multiple payment gateway options.
    Incentivized
    Read full review
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