Top 11 Payment Gateways Integrated By GoSpAXI In Clients’ Taxi Booking Apps
September 26, 2019 GoUser

Top 11 Payment Gateways Integrated By GoSpAXI In Clients’ Taxi Booking Apps

If you are planning to launch a taxi booking app, you know that you have to make a lot of important decisions. To help you in the process, we decided to make a list of the top payment gateways that we have integrated in GoSpAXI’s cab booking app for our clients. We have mentioned everything from the country of each payment gateway to the transaction cost they charge. Keep reading to find your favourite payment gateway for taxi app.

So are you planning to launch a taxi booking app?

There are so many decisions to make.

Features. Taxi app solution provider. Marketing. Fares. 

All important decisions, aren’t they? Well, GoSpAXI can sort out your needs for the perfect taxi app solution partner for your cab company like Uber.

But what about the money? How will you collect the payments? Do you want to keep it cash only? Or do you think it would be better to offer online payment methods too?

Every business needs a way to collect payments with ease and efficiency. When you are launching an Uber like taxi app, it becomes imperative that you have a payment gateway integrated in your taxi booking mobile app. A good payment gateway can help you collect payments from the passengers with ease and then transfer them directly to your bank account.

At GoSpAXI, we have worked with over 50 clients and have integrated several different payment gateways in the taxi booking mobile apps. We have made a list of some of the more popular payment gateways in taxi apps in this blog. These payment gateways are trusted and work efficiently to increase your efficiency and ease.

Top 11 Payment Gateways Integrated By GoSpAXI

1) Adyen

As per their website, Adyen is a payment gateway for fast-growing businesses. We integrated this payment gateway for our clients in the USA. The clients were happy with this solution and it helped them evolve their business rapidly with time. Since the gateway works in a number of countries and cities, our client was able to scale his business successfully globally.

Here is some basic, important information about Adyen’s payment gateway to help you decide if it is right for you.

  • Setup Fees: Nil
  • Annual Maintenance Fees: Nil, but a minimum invoice of $120 per month is required, depending on the region and transaction volume.
  • Transaction Fees: $0.12 processing fee + up to 10% payment method fee, depending on the method type
  • Setup Time: A few days
  • Mobile App Platform: Android and iOS
  • Countries/Locations: Headquartered in Amsterdam, Netherlands, Adyen is available in a number of other locations like San Francisco, New York, Boston, São Paulo, London, Manchester, Singapore, Berlin, Paris, Stockholm, Madrid, Shanghai, Sydney, and Mexico City

2) authorize.net

Authorize.net

By integrating authorize.net’s payment gateway in your cab booking app, it is possible to accept credit cards, contactless payments, and e-checks in person and on the go. Available in only the States, it is a well-established gateway that was founded in 1996. Visa Inc. acquired it in 2010 and it has been working as a subsidiary ever since then. Our ride booking app client was glad about the integration especially because of their advanced fraud detection system. 

Here is some basic, important information about authorize.net’s payment gateway to help you decide if it is right for you.

  • Setup Fees: $49
  • Annual Maintenance Fees: $240-$300
  • Transaction Fees: 10¢ to 2.9% + 30¢
  • Setup Time: Instant
  • Mobile App Platform: Android and iOS
  • Countries/Locations: America

3) Braintree

Braintree is actually the most versatile payment gateway in this list. They offer PayPal, Venmo (in the US), credit and debit cards, and popular digital wallets like Apple Pay and Google Pay all in one place. With amazingly seamless integration and so many varied options of paying, it becomes easy for the buyers as well as the seller to use this app. It is available in many developed countries and has helped many businesses boost their revenues. One of those businesses belonged to our client who had contacted us for GoSpAXI’s comprehensive taxi booking software. 

Here is some basic, important information about Braintree’s payment gateway to help you decide if it is right for you.

  • Setup Fees: Nil
  • Annual Maintenance Fees: Nil
  • Transaction Fees: 2.9% + $0.30
  • Setup Time: Immediately after processing
  • Mobile App Platform: Android and iOS
  • Countries/Locations: US, Europe, Canada, Hong Kong, Singapore, Malaysia, Australia, New Zealand

4) Moip

We integrated Moip for our client from Brazil who wanted to launch an Uber like taxi app for women. Moip was actually the first payment gateway to offer Transparent Checkout and Split Payment solutions to its consumers. It was taken over by Wirecard and became a part of the global payments company. 

Here is some basic, important information about Moip Wirecard’s payment gateway to help you decide if it is right for you.

  • Setup Fees: Nil
  • Annual Maintenance Fees: Nil
  • Transaction Fees:  €0.25
  • Setup Time: A few days
  • Mobile App Platform: Android and iOS
  • Countries/Locations: Worldwide

5) Paypal

Paypal

Source: TechCrunch

A household name, Paypal is one of the easiest, worldwide online payments system that makes it easier to accept and make payments. With Paypal, it supports online money transfers and operates as a payment processor for vendors, auction sites, and other commercial users. We’ve integrated this payment gateway in several of our clients’ cab booking systems and they have all been extremely satisfied with this payment processor.

Here is some basic, important information about Paypal’s payment gateway to help you decide if it is right for you.

  • Setup Fees: Nil
  • Annual Maintenance Fees: Nil
  • Transaction Fees: 4.4% + $0.30 + Current conversion charges
  • Setup Time: 5 days
  • Mobile App Platform: Android and iOS
  • Countries/Locations: Available in more than 200 countries/regions across America, Africa, Asia Pacific and Europe.

6) Paystack

Paystack is a payment gateway that serves businesses in Africa to get payments from across the world. They cater to all kinds of businesses right from startups to market leaders. Our client in Nigeria wanted to integrate this Paystack in his Uber like taxi app and he was pleased with the results he got.

Here is some basic, important information about Paystack’s payment gateway to help you decide if it is right for you.

  • Setup Fees: Nil
  • Annual Maintenance Fees: Nil
  • Transaction Fees: From 1.5% + NGN 100 to 3.9% + NGN 100
  • Setup Time: Within the hour
  • Mobile App Platform: Android and iOS
  • Countries/Locations: Africa

7) PayUbiz

A subsidiary of PayU, PayUbiz is a popular payment gateway in India. We integrated this gateway in a cab booking app for one of our Indian clients. With simplified payment solutions and the option to make payments via a number of options, it offers amazing services to the customers. It also works efficiently and focuses on how to make the online payment experience better for both buyers and sellers.

Here is some basic, important information about PayUbiz’s payment gateway to help you decide if it is right for you.

  • Setup Fees: $70 to $400
  • Annual Maintenance Fees: $35
  • Transaction Fees: 2.2% to 3.9%
  • Setup Time: 5-7 days
  • Mobile App Platform: Android and iOS
  • Countries/Locations: India

8) PayU Latam

Another subsidiary of PayU, PayU Latam is available only in select countries like Brazil and Mexico. This payment gateway for taxi apps is also similar to the PayUbiz in India since the parent company is the same. The major difference here is that they don’t have any setup or maintenance fee like PayUbiz does. 

Here is some basic, important information about PayU Latam’s payment gateway to help you decide if it is right for you.

  • Setup Fees: Nil
  • Annual Maintenance Fees: Nil
  • Transaction Fees: 2%
  • Setup Time: A few days
  • Mobile App Platform: Android and iOS
  • Countries/Locations: Brazil, México, Argentina, Colombia, Panama and Peru

9) Peach

Peach Payments

Source: Peach Payments

Peach payments allows both web and mobile payment in a simple and secure manner. One of the best things about this payment gateway for taxi apps is that they don’t redirect the user too many times and lets them complete the payment process while staying at the checkout page itself. Based in Cape Town, Peach currently operates in South Africa, Ghana, Germany and Mauritius. The feedback from our client for the payment gateway in his cab hailing app has been spectacular.

Here is some basic, important information about Peach’s payment gateway to help you decide if it is right for you.

  • Setup Fees: R250
  • Annual Maintenance Fees: R199 p/m
  • Transaction Fees: R1.50
  • Setup Time: 10 working days
  • Mobile App Platform: Android and iOS
  • Countries/Locations: South Africa, Ghana, Germany, Mauritius

10) Stripe

Stripe Payments

Source: Stripe

Stripe’s software allows both businesses and individuals to receive online payments with ease. They provide anti-fraud tools that help avoid online theft by various methods. It is available in 34 developed countries and they keep expanding to help businesses globally. We integrated this payment gateway in GoSpAXI for a client’s taxi hailing app. 

Here is some basic, important information about Stripe’s payment gateway to help you decide if it is right for you.

  • Setup Fees: Nil
  • Annual Maintenance Fees: Nil
  • Transaction Fees: 2.9% + $0.30
  • Setup Time: Instant
  • Mobile App Platform: Android and iOS
  • Countries/Locations: 34 different countries from Australia to United States across the world

11) Paytm

Paytm Business

Source: Paytm blog

Paytm is the top payment method in India and is being used by millions. It is a digital payment method and e-wallet that can be used to transfer money online, make bookings, scan and pay, pay utility bills and for mobile recharges. According to Paytm, over 7 million merchants use the scan and pay option to receive money directly in their bank accounts. We have integrated this payment gateway in taxi booking apps of many Indian clients.

Here is some basic, important information about Paytm’s payment gateway to help you decide if it is right for you.

  • Setup Fees: Nil
  • Annual Maintenance Fees: Nil 
  • Transaction Fees: 2.5%
  • Setup Time: A few hours
  • Mobile App Platform: Android and iOS
  • Countries/Locations: India

12) ZainCash

Zain Cash is a licensed mobile wallet for the unbanked and underbanked in Iraq. They have over 3,000 agents across the country. It is a mobile wallet connected to a SIM card that allows the users to transfer money, make bill payments, shop online and do much more. 

  • Setup Fees: Nil
  • Annual Maintenance Fees: Nil
  • Transaction Fees: 1%
  • Setup Time: A few days
  • Mobile App Platform: Android and iOS
  • Countries/Locations: Iraq

Collect Payments Seamlessly With GoSpAXI

We can help you collect payments from your passengers and transfer them to your drivers with ease. GoSpAXI’s comprehensive taxi booking software can help your taxi startup or taxi business in many ways. We provide unique taxi booking app features that are not available if you partner with anyone else. 

We have worked with various taxi businesses across the world and we provide 2 basic packages for our Uber-like taxi app. If your business is new or has a small number of drivers then you can opt for our Startup plan which will help you boost your business. And if your taxi business is a little more established and has more drivers then you can go with our Enterprise plan with advanced features.

If you have any questions or want a free demo, feel free to contact us. Our taxi booking app development experts will discuss your requirements and guide you further.

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