koshapay.com

What it is

KoshaPay is a modern payment gateway for merchants in India. Its positioning goes beyond checkout payment collection: it brings pay-ins, payouts, refunds, settlements, transaction status, webhooks, and reporting into a single payment operations layer. The messaging repeatedly emphasizes serving fast-growing businesses in India, making it suitable for digital companies that need clear fund flows and transaction visibility.

Core capabilities

In terms of payment methods, KoshaPay supports UPI, cards, net banking, digital wallets, and payment links. Its UPI support also includes Collect, QR, Intent, and AutoPay-ready flows. On the payout side, it supports bank-transfer-based IMPS, NEFT, and RTGS. The platform offers API-first integration, webhook callbacks, transaction status APIs, a sandbox, a merchant dashboard, and real-time reporting. The FAQ says most integrations take 2–5 days. For security and risk control, the pages mention API-key access, role-based permissions, merchant-level isolation, signed webhooks, sensitive data protection, risk alerts, and the review, blocking, or suspension of fraud, chargeback risk, or suspicious activity.

Pricing and settlement

The pricing page is fairly direct: online payment collection under the Pay As You Grow plan is 2%, while payout and settlement management is 1%. Custom pricing is available for high transaction volumes or special workflows, and there is no monthly fee to start. For settlement, the site uses phrases such as “Tracked & Instant” and “same-day settlement options,” but the FAQ also states that settlement timing depends on the payment configuration and can be customized by transaction volume and use case. As a result, the actual T+ settlement cycle, taxes, reserves, deductions, and refund/chargeback costs still need to be confirmed in the merchant agreement.

Pros and cons

The main advantages are coverage of mainstream Indian payment methods, support for both collections and payouts, and suitability for scenarios such as e-commerce, travel, EdTech, and marketplaces. Its API, webhooks, sandbox, and status tracking are also friendly for developers and finance reconciliation. The limitations are that public materials do not disclose specific payment licenses, regulatory registration numbers, PCI certification level, or banking partners. Country coverage appears largely limited to India, and there is no clear information on cross-border, multi-currency, or local China payment capabilities.

Who it is for and access from China

KoshaPay is better suited to companies doing business in India that need UPI payment collection, vendor/seller payouts, refunds, and settlement reconciliation. The materials do not provide information on access from China, so this is unknown. If the goal is domestic acquiring in China, Alipay, WeChat Pay, or licensed aggregated payment service providers should be prioritized. If targeting the Indian market, compare KoshaPay with Razorpay, Cashfree, PayU India, CCAvenue, and others on fees, licensing, and settlement terms.