Its about decade ago [It was February 2014] and today its 2024 you know right, I come to know about Instamojo.com and its extensive detail review for your business to get payment online,
actually I wanted to sell my E-book, that’s why I was trying to use Payment Gateway in India of any
website for my first E-book and because of that this review is here. I have used Instamojo.com service for my
Free E-book, I am surprised about their service they are offering.
Actually, there is no initial investment needed for selling
your E-book, you can sell others goods also like any software, templates, etc.
in single sentence we can say for selling your digital goods online, of course I used Amazon too for selling my e-books on Amazon kindle, even one of my e-book become famous in Amazon kindle.
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What is Payment Gateway-
A payment gateway is a service that processes credit card and electronic check transactions for e-commerce and traditional brick-and-mortar businesses. It acts as an intermediary between a website, a merchant account, and the payment processor.
When a customer wants to make a purchase on an e-commerce website, they enter their credit card or bank account information on the website's checkout page. The payment gateway then encrypts that information and sends it to the payment processor, which communicates with the customer's bank to verify that the funds are available and authorize the transaction. Once the transaction is authorized, the payment gateway sends the merchant a notification of the successful transaction, and the customer is directed to a receipt or confirmation page.
Some of the popular payment gateways include PayPal, Instamojo and Razorpay. Payment gateways can be integrated into a website through the use of an API (Application Programming Interface) or by using a plugin or module.
In summary, a payment gateway is a service that enables merchants to securely process credit card and e-check transactions over the internet. It serves as the bridge between the merchant and the payment processor, allowing merchants to accept payments on their websites.
8 Things About Instamojo Payment Gateway in India
Its been three years, I have been using this platform, there is no doubt to say this is a best payment gateway in India, well here are top ten things I am going to share with you.
- Zero setup fees
- Great cutomer support, but sometimes it takes little time
- You can accept payment directly through unique link
- Sells Stats
- You can create as many products link you wanted to
- You will get paid directly to your bank account within few working days
- Simple interface
- You will get 500 RS bonus for just sign up but yes you will get paid that amount when you will get at least one sell.
What is Instamojo?
As, I have already share with you that Instamojo is an Indian based payment gateway I know those are new to internet marketing world they unable to understand the meaning of payment gateway so here is it. For creating awesome membership website like we have create for providing SSC JE Mechanical Online Test Series, you need to see this Podia Promo Code
Actually, this is way to pay through debit card, credit card even through internet banking but it is vary from gateway to gateway for buying anything online, But here I am talking about selling things online and collect payment from your customers not only physical goods, you can also sell digital goods like I do and of course you can also create your membership course plan by using Instamojo.
Instamojo
Review 2024- Recommended Indian Payment Gateway
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Category
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Description
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What is Instamojo at a Glance
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Over 200,000 sellers, more than 500,000 links, over 5000 stores, 1.5 million
monthly reach, Alexa India 590 and that’s nice, right!
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User Interface
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Actually,
user experience really play important if you are new to anything, they have
simple and easy to use interface, When first time I have used their interface
it was easy.
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Tax Rate
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Suppose
that you are selling a product whose worth is 499 RS you will get paid 470.43RS,
this is my own personal experience, because one of my product cost is 499RS
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Setup Fee
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There
is neither setup fee nor even any monthly charges; fee will be deducted
automatically when someone will buy your product.
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Customer Service
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Yeah,
they have awesome customer service because each time I got problem, I just
send them an e-mail the problem solved, sometimes it takes up to 2 days, but
that’s good.
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My Personal Experience
|
In
2014, I was looking for a company where I can sale my digital products, I
found Instamojo is one of the great way to sell products online, so I have choose
their service and its’ been great.
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Social Pay
|
This
is option which let me use this platform so closely, actually I wanted to
just test the system, so used social pay options, which let my first e-book
download over 300+ in just three to four days, well what I am talking it’s a matter
of 2014.
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Ways to Buy Product
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Yeah,
users can buy your products using Debit card, net banking, credit card &
UPI (Unified Payment Interface)
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Others Payment Option for Users
|
Yeah,
recently they have added different payment options for making it convenient for
buyers: Mobikwik Wallet, Ola Money Wallet, Freecharge Wallet
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Overall Rating
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As
I said I have been using their platform from 2014, you can check my store
here also, here is one of the amazing product I am selling that is Fast
Loading Blogger Template.
Here
is my overall rating: 9/10
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500 RS Bonus for New Users
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Yeah,
here is you can Get 500 RS bonus
click here and get extra 500 RS after your first transaction.
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Now let’s start from beginning of Instamojo Inc.-
Instamojo Inc. now having good number of employees, it’s one of founder
his name is Sampad Swain, wanted to monetize his newsletter, he could not find
any solution for it, there he thought about it, today it is Instamojo Inc.
Learn here why said this is a best payment gateway in India, I have written all in details about my own experience on using this payment gateway.
I hope it will be much more than now what it is.
Why Instamojo is best for Indians Writers as well as for Bloggers-
Well, I have used almost all Affiliate Networks those paid
Indians in Dollars, that’s true but almost all sells I got from Outside Indian,
though in that time almost my all visitors from India.
So, where is the problem, is there Indians not buying products online, this is not true, is this if true then
why Ecommerce
companies are growing tremendously.
The problem was Credit Card and many Indians are not having
credit but they do have debit card, here is the main solution is providing by
Instamojo.
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Your buyers can buy products by using their debit card, so
now you can understand how Instamojo is helpful for you.
Instamojo Inc. Little Statistics-
Let’s see ranking of Instamojo Alexa ranking- 9,868(Global), 790(India).
After looking at the Alexa ranking you can imagine within
this short period of time, Instamojo got very good rank, I hope it will grow
more.
Instamojo total sellers by Wikipedia- I was reading about
Instamojo Inc. they have provided the data that Instamojo having more than million of sellers and it is still growing.
Things to Notice about Instamojo Inc. for Selling Your Digital Goods-
Its been about one month I know about Instamojo Inc, but I did lot of research, read lot of things before writing this review about
Instamojo, so here are those points I have noticed till now.
- Joining is Free
- About 95% shares is Yours
- You can make Your Product page fully optimized for search engines
- Option to sell for free
- Option to sell for free but buyers need to share on their social profile about the e-book or products
- Buyers can buy using debit card
- You can get paid while sitting at home
What is the Best about Instamojo Inc-
See, dear everybody having their own thinking, own views,
even own capability, but here I am writing about my thinking about Instamojo,
here I am going to tell the best features about Instamojo Inc.
It’s not free join, not even buyers can buy using debit card.
It’s social pay- Probably
you are thinking what’s that?
Because may be you are not familiar with this term, well I have already told you earlier about it, in this article.
Because may be you are not familiar with this term, well I have already told you earlier about it, in this article.
Social Pay offered buyers to get the products by just sharing about the product on their social profile may be on Facebook or Twitter.
I hope this is going to rock sellers as well as Instamojo,
because I have not seen such type offer in any other company, but yes, I have
this feature used by domain, hosting sellers they offer about 10% off on total bill for sharing about
their company.
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1 Click Mail to Your All Customers- as there are many features introduces by Instamojo, that's why I am updating this blog post, yes you have read the correct head line, now you can send mail to your all customers with one click, I think that's an amazing feature.
Sell Physical Goods- India is one of the fastest e-commerce in the market, that's why feature would very good for people to sell physical goods, I am really impressed from this feature. But lets see how this feature would be helpful for its users.
So, here is the proof of payment which will let you know about its charges & payment too-
My Personal Experience with Instamojo Since Last Two Years-
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1 Click Mail to Your All Customers- as there are many features introduces by Instamojo, that's why I am updating this blog post, yes you have read the correct head line, now you can send mail to your all customers with one click, I think that's an amazing feature.
Sell Physical Goods- India is one of the fastest e-commerce in the market, that's why feature would very good for people to sell physical goods, I am really impressed from this feature. But lets see how this feature would be helpful for its users.
Instamojo Payment Gateway Charges & Payment Proof-
Actually, I am adding this section only on request of one of my blog reader, he is belonging from Himachal Pradesh, we was one of my student he asked me to add charges and payment proof of Instamojo, which I got, actually I got payment from Instamojo number of times. Because I am selling digital products by using this gateway.So, here is the proof of payment which will let you know about its charges & payment too-
New Updates from Instamojo Payment Gateway-
Few days ago, I got mail from Instamojo about their new way of payment checkout forms well, I have update it for my account, if you are using Instamojo for selling products online then you also need to update because in this mail they also mention that they said this is mandatory for all users because last date of support for the old forms is 15th of June 2023.
Here are steps to upgrade your Instamojo payment checkout-
- Go to instamojo.com/settings
- Open the "Beta Settings" menu
- Tick the box next to "Enable New Checkout Forms"
- And you have done it, just check the new checkout form for your account, here is the screenshot of my account-
Revision of Service Tax on Transaction Fee Via Instamojo-
I got an e-mail from Instamojo team about its revision on service tax on transaction fee charge here is the complete mail screen shot-
Update July 2023 by Instamojo New Feature-
Okay, currently I got mail from Instamojo team about their recent changes on their dashboard, obviously they have made this change because they wanted to make it more simple, easier and time saving for us (for me & you), I hope you wanted to see those changes right, so here is the screen shot of it. You will see such option just after log in to your Instamojo account.
New Feature Introduce by Instamojo Payment Gateway
Now, you can accept payment via wallets that's just amazing, for all of us those are using Instamojo payment gateway, I am really happy to share with you the screen shot of it, because of this I have shared with you the screen shot of it.
May be you will also see such type of notification after log in to your Instamojo account, as I have seen, here are digital wallets-
- Mobikwik Wallet
- Ola Money Wallet
- Freecharge Wallet
Yeah, I will share with you a screen shot of it, you can get all these wallets in Instamojo account under App Store.
One of the Impressive Things of Instamojo Payment Gateway-
Of course I have been associated with this payment gateway from last few years now there are many even did not heard about Instamojo and of course how I came to know that is important right. Actually I wanted to sell my e-book and in that time I found Amazon kindle is the best place to sell, but these days I am selling many more things other than e-books and without Instamojo its never been easy.
Okay, now let me share with you one of the most interesting part of Instamojo, actually just I saw a notification from Instamojo on my mail box and I found that it is interested I must say, actually this is weekly sales report on Instamojo is not that cool, here is the cool screen shot of it-
In the last two years I did not put much effort to get sells because I was building my readership but its been one year I have been getting lot of people those are beginners, have knowledge but they don't know how to start online business, so I always suggest them to start blogging, even I am giving a course which is cost only 499 RS to get professional blog and you will get domain name .com, including a credit free blogger template, of course you will also learn how to earn 40% to 80% commission for promoting products on your blog or any other place, which people wanted to buy.
Important- You know when first I saw mail from Instamojo about my first sell it was just amazing moment and very next day I have seen another payment and its been great for me, I want you to see and feel that moment. May be you are thinking after selling the product after how many days you will get paid, within next three working days and that is just awesome.
2024 Update by Instamojo
This is one of the promising of Indian StartUp and I am sure this is just beginning for them, they will definitely move further.
Well, they have update few things including design of their official blog, okay here are few other things those has been changed.
On Deman Payment Android App by Instamojo-
Shopping Cart by Instamojo-
This is one of coolest feature for getting complete solution for e-commerce store even you can add few things like-
- Shipping charge
- Also add shipping charge FREE feature with minimum price order.
Schedule Payment for Not Delay in Payment-
Five Tips to Get More Sells on Instamojo
Of course, its been years I have been using Instamojo, they are quite good in this space, suddenly I got an idea to share with you simple five steps to get more sales of your digital products or any products, so here you go-
- First of all you need to have a hungry product which people are demanding to buy, yes you can create your digital products like I am doing last few years recently I have started selling test series for competitive examination in India under brand name toptestseries.com but recent product is GATE 2024 Mechanical Test Series, you can also sell your video courses that also I am doing there are two ways to do it, selling on other platform like Udemy and also you can sell on your own platform, the best way to sell video courses through your own platform is Teachable which is the best you can also get Teachable Annual Coupon Code. I am sure you are going to love that platform.
- Now create an amazing image for the product, if you have budget then hire someone, you can try Fiverr, there you can find out lot of people are doing this for only $5
- Write amazing sales pitch, but share only things, what you are providing in the product?
- Now review all details just after one day the NEXT STEP IS MOST IMPORTANT
- Market your product for getting sales, here I am going to share with you few tips that's why you can easily market your product-
- Use Facebook profile- Must add your product URL
- Use Twitter Profile and do the same
- Have a blog and try to write content related to the product and insert product sales page
- Use E-mail Marketing
- Use Affiliate Feature of Instamojo: Contact bloggers those are writing content related to your product and give commission to them for selling your product, this is one of the amazing way to get more sales and NEXT
- Keep searching and experiment to be on the better position tomorrow than today.
& Of course my step by step guide to start blogging also, okay let me share with you my own experience with Instamojo-
- They got awesome customer support
- Easy to use, even beginners can easily used
- Your customers can pay through debit card
- You can even accept payment directly by using instapay
- They always informed you through mail, if you got sell
- Within three working days you will get money in your bank account
Over to You-
I hope you are newbie to sell your E-book, may be! You are
anybody because I don’t know about you, but I do know about Instamojo, it
will help you lot to get your product in the market as well as you can make
money from it.
Hope this review help you lot.
Is there anything you would like to add about Instamojo Inc
6 Comments
I completely agree instamojo is a simple solution to collect payments online.
ReplyDeleteHello, you are right Instamojo is just a great solution for all Indians those wanted to sell online and collect payment.
DeleteI am 58 year old and retired in April 2016. Here is my blog http://guide-to-all.blogspot.in/. I want some earning from it. Pl guide me
ReplyDeleteYeah, its simple but first you need to learn something about blogging and internet marketing contact me on Facebook, I will help you.
Deletei am hearing about this first time,anyway need to have a look on it.
ReplyDeleteHello
Deleteokay, but Instamojo is really good payment gateway for Indian bloggers, I am loving it.
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