{"id":4192,"date":"2024-06-09T17:24:08","date_gmt":"2024-06-09T11:54:08","guid":{"rendered":"https:\/\/in.nttdatapay.com\/blog\/?p=4192"},"modified":"2025-07-16T12:22:34","modified_gmt":"2025-07-16T06:52:34","slug":"pros-and-cons-of-payment-aggregation","status":"publish","type":"post","link":"https:\/\/in.nttdatapay.com\/blog\/pros-and-cons-of-payment-aggregation\/","title":{"rendered":"Pros and Cons of Payment Aggregation"},"content":{"rendered":"

Understanding the aspects that help you make informed decisions for your business optimisation. Let\u2019s explore the Pros and Cons of Payment Aggregation, a popular solution in the financial services industry.<\/span><\/p>\r\n

Understanding Payment Aggregation<\/span><\/h2>\r\n

Companies look for ways to start accepting payments online that would minimise payment errors and provide the greatest customer experience. If you’re just starting out online, you’ve probably heard of “payment gateway”<\/em> and “payment aggregators”<\/em> when searching for the best payment option.<\/span><\/p>\r\n

According to Statista, By the fiscal year 2025, India’s payment gateway aggregator market is expected to have roughly 22.6 million<\/em> terminals. By 2025, the whole digital payments market in the nation was expected to be worth more than seven quadrillion rupees.<\/span><\/p>\r\n

A platform that facilitates accepting electronic payments<\/a> from customers on behalf of companies is called a payment aggregator, payment facilitator, or payment service provider. It serves as an intermediary for the vendor and the financial organisation that handles the payment processing<\/a>.<\/span><\/p>\r\n

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