Payfuture Adds Shopify Integration to Expand Local Payment Options for Merchants in India
Payfuture has launched a Shopify integration that gives merchants access to local Indian payment methods through a single connection. For PSPs and merchants operating in India, the practical point is simple: fewer checkout drop-offs, less custom plumbing, and a cleaner path to local payment acceptance.
- Payfuture said the new integration with Shopify lets merchants accept popular local payment methods in India, including Unified Payments Interface (UPI) and NetBanking, through one setup. The company said the goal is to streamline payment processing for merchants selling in the market.
- The integration is designed to simplify checkout while offering users a more favorable transaction experience. Payfuture said this is meant to reduce the technical burden for merchants operating through the e-commerce platform.
- Manpreet Haer, CEO and Co-Founder of Payfuture, said: “This integration makes digital commerce more accessible, scalable, and locally optimised for global merchants in fast-growth markets,” adding that “India is a vital market for ecommerce growth, and our infrastructure makes it easier for merchants to reach local buyers while maintaining compliance and operational efficiency.”
- The timing tracks with the size of the market. The source says India’s e-commerce sector is expected to reach approximately $150-170 billion by 2027, supported by rising internet access, smartphone use, and a growing number of online customers.
- For high-risk and cross-border merchants, the operational lesson is the same one Indian acquiring teams keep repeating: payment localization matters. The source notes that offering the methods customers actually use can reduce abandoned checkouts, improve trust, and lift conversion rates, while merchants still have to deal with local regulations and payment-system specifics. For regional PSPs, that creates room for partnerships with merchants entering or expanding in India.
The source also points to UPI, developed by the National Payments Corporation of India, as the country’s dominant real-time payment system. It processes billions of transactions every month and is on course to surpass 1 trillion lifetime transactions by early 2027. NetBanking remains relevant too, especially for consumers who prefer direct bank transfers.
Weekly high-risk digest
Regulation, sanctions and payment news across your verticals — once a week, free.
Please check your inbox and click the link to confirm your subscription.
Please enter a valid email address!