Payment Gateway for Courses

A payment gateway for courses is the technology that processes student payments — credit/debit cards, UPI, net banking, wallets — and deposits earnings into the educator's bank account. For Indian coaches, the gateway choice directly impacts revenue because of three factors: transaction fees, settlement speed, and payment success rate. Typical gateway fees in India: Razorpay (2% + GST), Cashfree (1.9% + GST), PayU (2% + GST). UPI transactions are cheaper (often under 1%). International gateways like Stripe charge 2.9% + 30¢ — expensive for ₹999 courses. Settlement speed matters for cash flow: some gateways hold funds for 2-3 business days, others offer next-day or instant settlement. Payment success rate is the hidden killer — if 15% of attempted payments fail (common with Indian banks), you're losing 15% of potential revenue. Look for gateways with automatic retry, multiple payment method fallbacks, and UPI intent flow (opens the student's UPI app directly). Skolasti integrates UPI payments natively with instant settlement to your bank account. No separate gateway setup, no additional transaction fees beyond the gateway's base rate, and no revenue share to the platform.