Best Payment Management Software in India for 2025
Best payment management software being used in the market are Zoho Books, Tally Prime, Horizon ERP, and more. These system tools take care of all the transactions related to cash and payments on a regular basis with complete automation.



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Most Popular Payment Management Software
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List of 20 Best Payment Management Software
Category Champions | 2025
Online Accounting Software for Growing Businesses
Product Description
Simple, easy-to-use business accounting system to help you manage your accounts online. You can download a 14-day free trial of Zoho Books. Zoho Books is easy-to-use, online accounting software for small businesses to manage their finances and stay on top of their cash flow. Read More About Zoho Books
Zoho Books Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Time Tracking
- Purchase Orders
- Project Accounting
- Customizable Reports
- Expense Tracking
- Client Portal
- Invoicing
- Inventory Management
- View all Features
Zoho Books Features and Usability-Based User Satisfaction Score
Category Champions | 2025
Cloud Accounting Software Making Billing Painless
Product Description
This bookkeeping software makes your accounting tasks easy, fast, and secure. Start sending invoices, tracking time, and capturing expenses in minutes. We uphold a longstanding tradition of providing extraordinary customer service and building a product that helps save you time because we know you went into business... Read More About FreshBooks
FreshBooks Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Client Management
- Time Tracking
- Reporting
- Late Payment Reminders
- Recurring Invoices
- Payments
- Invoicing
- Multi Currency Support
- View all Features
FreshBooks Features and Usability-Based User Satisfaction Score
Emergents | 2025
Product Description
ACH Universal simplifies managing electronic payments and direct deposits for businesses. It helps create and transmit ACH files for payroll, vendor payments, and customer collections, ensuring fast and secure transactions. With easy integration into tools like QuickBooks and Excel, it automates payment processes while meeting NACHA... Read More About ACH Universal
ACH Universal Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Email Notifications
- Direct Deposit
- User Access Controls
- International Payments
- Integration With Accounting Software
- Real Time Reporting
- Customer Support
- Batch Processing
- View all Features
ACH Universal Features and Usability-Based User Satisfaction Score
Category Champions | 2025
Product Description
Vyapar is a GST-compatible invoicing and accounting solution for small businesses. You can use it to create GST bills, fulfill orders, generate GSTR reports, track payments and expenses, and manage your inventory. Besides, you can use it to customize invoices and collect payments online. Read More About Vyapar
Vyapar Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Gst Billing
- Expense Tracking
- Order Management
- Purchase Management
- Barcode Scanning
- Sales Management
- User Permissions
- Inventory Management
- View all Features
Silver- Desktop (1 year)
$ 40
Device/Year
Silver- Desktop + Mobile (1 year)
$ 47
Device/Year
Silver- Desktop (3 years)
$ 92
Device/ 3 Years
Silver- Desktop + Mobile (3 year)
$ 106
Device/Year
Vyapar Features and Usability-Based User Satisfaction Score
One of the best payment management software
Product Description
Emergent Payment provides a complete and trustworthy solution for businesses of any size. Emergent Payment offers an easy and broad set of local payment methods for every market. It is integrated with 200+ methods with drag-and-drop availability on a single platform. Read More About Emergent Payments
Emergent Payments Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Payment Gateway Integration
- Mobile Payments
- Customizable Checkout
- Real Time Analytics
- Api Integration
- Fraud Prevention
- Multi Currency Support
- 3d Secure Authentication
- View all Features
Contenders | 2025
Product Description
Bill.com is completely online payment management software for ACH payments, sending electronic invoices, and payment reminders. It takes less time to solve the problem, and the unique content of the site attracts users. Read More About Bill.com
Bill.com Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Payment Tracking
- Automated Bill Payment
- Integration With Accounting Software
- Invoice Management
- Fraud Detection
- Vendor Management
- Mobile Access
- Customer Support
- View all Features
Essential
$ 29
User/Month
Team
$ 39
User/Month
Corporate
$ 59
User/Month
Bill.com Features and Usability-Based User Satisfaction Score
Integrated Payment Management Software
Product Description
SquareUp is a fully integrated point of sale software and payment solution. It has all the characteristics that help you streamline your business processes while minimizing waste, increasing productivity, and boosting profits. Read More About SquareUp
SquareUp Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Discounts And Promotions
- Payment Processing
- Employee Management
- Loyalty Programs
- Inventory Management
- Invoicing
- Barcode Scanning
- Sales Tracking
- View all Features
Free
$ 0
Per Month
Plus
$ 29
Per Month
High Performer | 2025
GST Billing software with Inventory & Accounts
Product Description
Simple billing software with complete inventory and accounts modules. Its fast, reliable, and easy to maintain. Ideal for businesses that have a large number of invoices and deal in hundreds of SKUs. Typically used by distributors, retailers, and small manufacturers. Read More About Horizon ERP
Horizon ERP Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Project Management
- User Access Control
- Integration With Third Party Apps
- Invoicing
- Recurring Billing
- Inventory Management
- Reporting And Analytics
- Multi Currency Support
- View all Features
SINGLE PC License
$ 192
One Time
THREE PC License
$ 384
One Time
EIGHT PC License
$ 746
One Time
Rental Plan
$ 5
Monthly Rental
Horizon ERP Features and Usability-Based User Satisfaction Score
Payment Management Platform by Oracle
Product Description
Textura is an Oracle-based payment processing software that helps end users optimize payment and finance operations. You can get instant revenue and payment reviews, collaborate online for seamless payments, and reduce exchange risks by using it. Read More About Oracle Textura
Oracle Textura Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Secure Data Storage
- Electronic Signatures
- Audit Trail
- Vendor Management
- Lien Waiver Management
- User Permissions
- Customer Support
- Project Tracking
- View all Features
Payment Management Software cum Solution
Product Description
PaySimple is a better way to accept payments, market services and retain customers while selling your services and products online. PaySimple helps you to register users, set appointments. Collect credit card and e-check payments online through mobile, laptop, system or by the in-person meeting using... Read More About PaySimple
PaySimple Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Pci Compliance
- Integrations
- Payment Reminders
- Email Notifications
- Credit Card Processing
- Ach Payments
- Customizable Payment Pages
- Echeck Processing
- View all Features
Pro
$ 50
Per Month
Enterprise
$ 100
Per Month
AI Powered Payment Processing Software
Product Description
Accept payments through all the modes and leverage your payment processing by using PayJunction payment management software. It is AI-powered payment processing platforms that require zero codings. You can do ACH electronic checks and create smart terminal without any hassles. Read More About PayJunction
PayJunction Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Customer Database
- Recurring Billing
- Detailed Reporting
- E Check Processing
- Signature Capture
- Mobile Payments
- Pci Compliance
- Inventory Management
- View all Features
Category Champions | 2025
Bill presentment and online payment collections
Product Description
Swipe invoicing software is an online cloud-based solution. Using Swipez, you can collect payments faster, organize company expenses, automate vendor payouts, and perform e-invoicing GST filing. Automate your company billing using Swipezs free billing software. Read More About Swipez Billing
Swipez Billing Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Recurring Billing
- Mobile Access
- Client Portal
- Time Tracking
- Tax Calculation
- Invoice Management
- Reporting And Analytics
- Late Fee Calculation
- View all Features
Free
$ 0
Per Year
Startup
$ 83
Per Year
Growth
$ 167
Per Year
Swipez Billing Features and Usability-Based User Satisfaction Score
Payment Management Software For Construction Industry
Product Description
Flashtract makes payment processing an easy job. You can raise money draw requests from its mobile app interface. In fact, it will notify you about the pending payments and update invoices accordingly. Most suitable payment processing software for the construction industry. Read More About Flashtract
Flashtract Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- User Permissions
- Batch Payments
- Integration With Accounting Software
- Document Management
- Secure Payment Gateway
- Automated Invoicing
- Customizable Approval Workflows
- Data Import/export
- View all Features
Contenders | 2025
Product Description
Easebuzz, a software-enabled payments platform, empowers small businesses to digitize payments seamlessly. It eliminates worries about business process challenges, offering smart APIs and cost-effective solutions in one place. Read More About Easebuzz
Easebuzz Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Api Access
- Real Time Transaction Reports
- Multiple Payment Options
- Payment Links
- Webhooks
- Seamless Integration
- Subscription Management
- Invoice Generation
- View all Features
Free Payment Gateway
$ 0
Per User
Easebuzz Features and Usability-Based User Satisfaction Score
All-in-one Payment Processing Tool
Product Description
Payzer is your all-in-one payment management software and tool that helps a business owner to accept payments from all the modes. You can even control the in-house payment management by issuing. Debit purchasing cards to employees and sub-contractors. Read More About Payzer
Payzer Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Customer Portal
- Invoice Management
- E Check Processing
- Credit Card Processing
- Automated Reminders
- Payment Processing
- Multi Currency Support
- Recurring Billing
- View all Features
Payment Software by PDCflow
Product Description
Create a secure electronic signature for payment management, send custom workflow, integrate all the payment methods over a single platform, and accept ACH payments without any hassles by using PDCflow payment management software. It makes receiving recurring payments an easy job. Read More About PDCflow
PDCflow Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Email Payment Requests
- Text Payment Requests
- Payment Reminders
- Invoice Management
- Ach Payments
- Recurring Payments
- Mobile Payments
- Customizable Payment Pages
- View all Features
Contenders | 2025
Product Description
Coupa's expense and payment management software simplifies entry, streamlines review, eliminates paper pushing, and reduces administrative effort across the organization. Easy-to-use for all users, Coupa Expenses automates all tasks from creating and submitting to approving, while helping companies optimize their expenses spend. Read More About Coupa
Coupa Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Real Time Analytics
- Mobile Receipt Capture
- User Role Management
- Mileage Tracking
- Integration With Erp Systems
- Automated Expense Reporting
- Per Diem Management
- Duplicate Expense Detection
- View all Features
Coupa Features and Usability-Based User Satisfaction Score
Business Made Easy
Product Description
CONNETINBOT is a web-based application to streamline business operations. It includes a B2C and B2B billing system, Stock & Inventory, Reports, a CRM tool, Quality Automation, and many more features. Read More About CONNETINBOT
CONNETINBOT Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Data Import/export
- Mobile App Access
- Expense Tracking
- Multi Currency Support
- Role Based Permissions
- Invoice Scheduling
- Email Notifications
- Automated Invoicing
- View all Features
Contenders | 2025
Product Description
Veem is a modern global bank-to-bank payments service that provides businesses with the easiest way to pay and get paid. It lets you track your payments with its real-time payment tracker, thus ensuring transparency. With Veem’s robust encryption and fraud prevention technology, you can set... Read More About Veem
Veem Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- Api Access
- Recurring Payments
- Multi Currency Support
- Quickbooks Integration
- Payment Scheduling
- Invoice Management
- Customer Support
- Transaction History
- View all Features
Veem Features and Usability-Based User Satisfaction Score
Emergents | 2025
Product Description
Finly is a finance, accounting & payment management software for businesses to automate, gain visibility, and control business spending. The platform comprises a scalable and intelligent expense management and e-procurement system. Read More About Bearbook App
Bearbook App Is Tailored For
StartUps
SMBs
Mid-Market
Enterprises
Features
- User Permissions
- Payment Processing
- Recurring Billing
- Mobile Access
- Project Management
- Multi Currency Support
- Client Management
- Customizable Dashboards
- View all Features
Mobile Plan
$ 3
Per Month
Basic Plan
$ 6
Per Month
Premium Plan
$ 8
Per Month
Bearbook App Features and Usability-Based User Satisfaction Score
What is meant by Payment Management Software?
Payment management software is a tool that manages and organizes the payment procedures of the business. It integrates several payment management tools that offer an automated payment platform with advanced security.
All organizations need to manage their payments in a systematic and organized manner. Companies are harnessing the power of automated solutions, such as payment management software, to streamline their operations. These are comprehensive platforms that help organizations simplify and automate recurring payment tasks. Payment management software allows merchants and online e-commerce companies to process payments from clients through clients by securely managing internet transactions.
Payment processing software facilitates payment through debit or credit cards by handling communication with the bank directly. The processor’s main job is to verify the authenticity of all details and authorize the payment. Once the payment management software verifies that the card is valid, the details are authentic, and the account has sufficient funds, the payment transaction is instantly carried out. It is a convenient way of ensuring that all payment-related activities are carried out seamlessly and that users are provided with a smooth experience. There are no endless delays in processing finances, and the entire process moves with agility.
Running a business without sophisticated and advanced payment process software is virtually impossible. It eliminates all kinds of human errors and drives efficiency that helps organizations stay on top of all merchant payment operations.
What are the different types of payment management software available in the market?
There are a number of payment management software available in the market. Businesses must understand their requirements and invest in the best one that they can afford. Here are some of the various types of payment processing software:
-
Hosted Payment Gateway Systems: This type of payment management software is very helpful in taking a customer away from a website’s checkout page. After a user makes an order and clicks on ‘pay now’ option, they are redirected to a payment service provider page. Hosted payment gateway systems facilitate user detail entry, complete the entire payment transaction and then take customers back to the website page. This enables them to make further transactions or finish the payment by signing out or checking out.
-
Self-Hosted Payment Gateway Software: This payment processing software asks customers for complete details at the organization’s website. After gathering the data, self-hosted payment processing software sends it to the payment gateway’s URL. The information may need to be in a specific format, and the process is completed.
-
API Payment Gateways: API payment gateways are a popular option in payment management software. These solutions allow customers to enter their details and information directly on the merchant’s checkout page. It then processes payment requests using its API or HTTPS queries.
-
Local Bank Integration Platforms: This payment processing software is similar to hosted payment gateway platforms. In these, the user is redirected to the payment gateway’s website, where they must fill in all payment information and details. Local bank integration platforms ensure the payment is conducted smoothly without any delays. The users are redirected to the main website and are given notifications along with the redirection.
There are many variants of payment processing software. Organizations should research all the features, scalability, and customization options before making the right decision for their business model.
Why do organizations in the current business environment heavily demand payment management software?
All kinds of business organizations need intelligent tools to help them make and dispense payments regularly. Today businesses are looking to integrate flexible and automated payment management software. Here are undoubtedly important reasons why companies highly demand payment processing software:
- Payment management software automates essential tasks such as invoicing, payment release, and notification alerts so that the workload of staff members is reduced.
- Customers are engaged due to responsive and smooth payment transactions. They do not need to worry about any technical glitches, and the payment occurs automatically.
- Payment processing software ensures that transactions are recorded, monitored, and structured through a single unified platform.
- Payment management systems also have custom in-built invoice templates for quotations and invoices. This speeds calculations and reduces any chances of manual error.
- Payment processing software has integrated databases that record all vital information and visual dashboards that display real-time metrics for better decision-making.
- Payment management software removes any confusion or doubts about an employee or client-related expense accounts. Managers can view individual expense accounts, make changes and approve or reject final payments.
- All the past payment records and transactions of clients are stored at a centralized location through payment management systems. This enhances complete visibility and facilitates better transparency in money-related matters.
Doubtless, the payment process software is an excellent asset for organizations. It will reap a quick return on investment and provide a holistic platform to manage business payments regularly.
What are the perks and drawbacks of using payment management software?
Organizations have now realized the immense potential of payment management software. There are various advantages or perks of utilizing payment processing solutions, such as:
- Complete Flexibility in Payment Operations: Payment management systems ensure that payments are accepted in all modes and forms. They provide that a business organization agrees with all major credit or debit cards. This leads to seamless operational efficiency and task flow management. Universal acceptance of all payment modes ensures clients' happiness and superior business performance.
- Faster Transaction Rate: Most modern payment management software facilitate electronic financial transactions. This makes it faster to reconcile, batch and release payments than manual cash-based systems. It is also possible to set timed releases of payments in an automated manner. A quicker transaction rate leads to higher productivity and output.
- Better Security: Payment management software ensures the complete security of financial transactions through secure integration. The system has in-built mechanisms to prevent unauthorized access and ensure that sensitive payment-related information remains secure. It contains any kind of fraudulent activities that could lead to loss of reputation or money.
- Lesser Operational Costs: Businesses always look for ways to save money and build profitability. Payment processing software lowers all operational costs through multiple terminal management. It facilitates various payment devices across workstations and reduces the dependency on staff members. This saves time and boosts revenues to the highest possible levels.
- Save Time And Increase Efficiency: The ability to save huge chunks of time by automating manual, lengthy payment calculations is one of the most significant advantages of payment processing software. It facilitates payment transactions seamlessly and manages a unified information database.
Payment management software can increase the bottom-line results of any type of organization. However, it does have a few drawbacks, too, such as:
- Sometimes payment processing software may prove to be very technical. Users may not learn how to navigate the system and thus may require training to use the software.
- If not appropriately managed, payment management systems may be prone to the threat of being hacked. This would lead to security problems and compromise the company's sensitive information.
- Most payment processing software does not work in offline mode and always requires an internet connection for payment transactions to occur smoothly.
- Some payment processing software solutions are not fully scalable or customizable. The one-size-fits-all approach may not suit all organizations.
Despite all these drawbacks, payment management software is a real asset for organizations. Payment processing systems have tremendous potential for organizations. They boost end productivity parameters through streamlined task flow and more vital team collaboration and thus lead to a better work environment.