TUESDAY, 1 SEPTEMBER 2026
SENSEX 81,442.12 ▲0.18%|NIFTY 24,782.40 ▲0.31%|₹/$ 84.62

aplha.finxjournal.comX

India's Fintech Newsroom · Est. 2024

PAYMENT GATEWAYS

PayNova ✓ Verified New

PCI-DSS certified payment infrastructure for modern D2C and marketplace merchants across India.


FOUNDED 2019
HEADQUARTERS Bengaluru, IN
TEAM SIZE 250+
MONTHLY VOLUME 40M+ txns

About PayNova

PayNova is a full-stack payment gateway built for merchants who have outgrown generic checkout providers. Founded in 2019 by a team of former banking-infrastructure engineers, the company processes over 40 million transactions a month across UPI, cards, net banking and wallets for D2C brands, marketplaces and subscription businesses.

The platform is PCI-DSS Level 1 certified and offers split settlements for marketplace payouts, developer-first APIs, and a unified dashboard for reconciliation across payment methods. PayNova has raised two rounds of institutional funding and counts several of India’s fastest-growing D2C brands among its merchant base.

Key Features

Split Settlements

Automated payout splitting for marketplace and multi-vendor models.

Subscription Billing

Native recurring payment and tokenised mandate support.

Multi-Currency Settlement

Accept and settle in 12 currencies for cross-border merchants.

Real-Time Fraud Detection

ML-based risk scoring on every transaction before authorisation.

Developer-First APIs

REST and webhook APIs with sandbox testing and detailed docs.

99.99% Uptime SLA

Multi-region failover backed by a published status page.

Industries Served

  • D2C & E-COMMERCE
  • MARKETPLACES
  • SAAS & SUBSCRIPTIONS
  • TRAVEL & HOSPITALITY
  • FOOD DELIVERY

“PayNova cut our checkout drop-off by 12% within the first quarter — the split settlement API alone saved our finance team a full day of manual reconciliation every week.”

— VP FINANCE, D2C MARKETPLACE MERCHANT