Zaakpay

Overview

Zaakpay by MobiKwik is a robust payment gateway platform designed to streamline online payment collection and disbursement for businesses in India. It offers a wide range of payment modes, including credit/debit cards, UPI, net banking, and digital wallets. Through its suite of products like ZaakNow, ZaakFlow, and ZaakPages, it provides scalable, secure, and developer-friendly infrastructure for both small and enterprise-level merchants.

What it does

• Facilitates seamless payment collection across 100+ payment modes including UPI, cards, and net banking
• Provides a no-code integration suite, including payment links and QR codes, for businesses without dedicated websites
• Automates recurring collections and subscription billing via UPI AutoPay through the ZaakFlow product
• Offers a developer-friendly API and pre-built plugins for quick integration into websites and mobile applications
• Ensures enterprise-grade security with PCI DSS compliance and advanced fraud prevention mechanisms for safe transaction processing.

Who it's for

• E-commerce Merchants
• Subscription-based Businesses
• Freelancers & Service Providers
• Enterprise Retailers

Why it works

• Multi-mode payment support maximizes conversion rates by offering customers their preferred checkout options
• Developer-friendly APIs and pre-built plugins significantly reduce the technical overhead and time required to go live
• PCI DSS certification and RBI-regulated infrastructure provide the necessary security and trust required for financial transactions
• Seamless integration with the MobiKwik ecosystem provides enhanced liquidity and payout options for merchants
• Customizable checkout UIs allow businesses to maintain brand consistency while ensuring a friction-free payment experience.

Founder story

Zaakpay was incubated in India as a specialized payment gateway solution to address the unique pain points of the Indian e-commerce market. It was later acquired by MobiKwik to strengthen the latter's fintech ecosystem. Today, it operates as a key component of the MobiKwik group, led by Bipin Preet Singh and Upasana Taku, focusing on efficient digital financial transactions.

Alternatives

• Razorpay
• Cashfree
• Paytm Payment Gateway
• Instamojo

Comparison overview

• Zaakpay competes directly with Razorpay and Cashfree by offering localized, developer-first payment infrastructure, whereas it distinguishes itself through its tight integration with the MobiKwik wallet and credit ecosystem.