As the title suggests, this article is an insight into the topic “payment aggregator vs payment gateway”, and almost everything in brief that you may need to know in this regard. With the influx of Payment Gateways, it has become much simpler and convenient for customers to shop online and pay online.

With no hassle of cash payments, both the online businesses and the customers benefit out of having access to a payment platform that is secure, convenient and quick.

Speaking of Payment Gateway, it is one “most convenient” and secure platform for accepting online payments on your online store. It is an e-commerce application service provider that provides you, as a merchant, with various digital payments’ related services.

While many of the Payment Gateways in India have set up fees and annual maintenance charges, Lyra Network does not charge you for the same. Lyra, as the payment gateway provider, simply charges via TDR (Transaction Discount Rate) from the merchant to make it even simpler.

  • What is Transaction Discount Rate (TDR)?

Transaction Discount Rate is simply the portion or a share of every transaction that goes to the Payment gateway. This share (in percentage) may vary that you, as a merchant, will be paying every time to the payment gateway when a customer makes a transaction.

Hence, you just need to pay a fixed percentage out of every transaction that takes place on your portal to the payment gateway provider for acquiring the benefits.




Now Payment Aggregators are those companies that have tie up with lot of clients and partners looking for a Payment gateway.

Hence, these clients and partners apply for a Payment Gateway through a Payment Aggregator. Having tie up with a Payment Gateway, the aggregator aids you in accessing the Payment Gateway’s services and benefits with some advantages. Hence, it may provide some benefits like quick set up, minimal verification process and apparent simplicity to you.

On the other hand, there are several things to look out for when choosing a Payment aggregator in India since:

  1. Payment aggregator may not have safe fraud prevention tools.
  2. The customer’s security obligation may or may not be specifically clear.
  3. The aggregator does not give control over the merchant account.


So for the convenience of the merchant as well as the customers, a Payment Gateway like that of Lyra’s is built keeping merchant’s best interest as the priority. With a payment gateway that has the provisioning of PCI DSS 3.2 secured platform, it is the safest to carry out transactions for both merchants and its customers.

Moreover, Lyra has a robust backing of French support and system that make each transaction an ease. Our Online payment solution ensures the good routing of your transactions, all thanks to its quality network, unique tools and high level of security.

This way a merchant benefits from two tangents, i.e., one, by getting a boost in its business with heightened trust of the customers, and secondly, by securely getting money transferred in the merchant’s account with each transaction.

Lyra, being one of the most trusted platforms, provides for various benefits like easily accessible dashboard and developer centric ability apart from the secure zone for making transactions.

A payment gateway performs with utmost ease due to its robust backend and specifically designed system. Hence, with a payment gateway, a merchant will not encounter glitches such as unexpected account freezes, delayed funds and limited customer support.

Now as the difference between a Payment Gateway and Payment Aggregator is so clear to you, it will be even simpler to decide on the one that gives you best benefits in accordance to the needs and requirements of your business.

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