Comments on: 10 Things which makes Onlines Business Difficult in India http://gaikwad.in/10-things-which-makes-onlines-business-difficult-in-india/ My Personal Blog and Journal Fri, 18 Jun 2010 19:27:33 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Pushkar Gaikwad http://gaikwad.in/10-things-which-makes-onlines-business-difficult-in-india/comment-page-1/#comment-92 Pushkar Gaikwad Fri, 18 Jun 2010 19:27:33 +0000 http://gaikwad.in/?p=637#comment-92 Hi Rohan, sorry for delayed reply, Yes, you are right, the problem is, these payment gateways have to make money too and no one is willing to take the risk of undercutting the market by having some losses but to get more clients, they feels the ecommerce sites can not live without them so they have to use them (which is true to larger extent) but they fail to realize that their short sighted approach is also hindering potential new customers for them. Hi Rohan, sorry for delayed reply, Yes, you are right, the problem is, these payment gateways have to make money too and no one is willing to take the risk of undercutting the market by having some losses but to get more clients, they feels the ecommerce sites can not live without them so they have to use them (which is true to larger extent) but they fail to realize that their short sighted approach is also hindering potential new customers for them.

]]> By: Rohan http://gaikwad.in/10-things-which-makes-onlines-business-difficult-in-india/comment-page-1/#comment-91 Rohan Mon, 31 May 2010 22:47:11 +0000 http://gaikwad.in/?p=637#comment-91 Payment gateways here charge a ridiculous mammoth amount. For ex: Itzcash charges Rs. 50,000 just as the account opening charges. To top it up, they want 10% cut of every transaction value. When i asked their sales person about the charges being too high, he told me some reason about infrastructure, RBI policies, etc. which i believe is bullshit. The infrastructure cost may be high, but i think its too over the line. Payment gateways here charge a ridiculous mammoth amount. For ex: Itzcash charges Rs. 50,000 just as the account opening charges. To top it up, they want 10% cut of every transaction value.

When i asked their sales person about the charges being too high, he told me some reason about infrastructure, RBI policies, etc. which i believe is bullshit. The infrastructure cost may be high, but i think its too over the line.

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