The new directive from RBI has made Paypal an unviable option for SaaS product companies from India. What are other SaaS companies using currently and how has been your experience?
I don't think Indian SaaS startups should worry about the $500/transaction limit imposed by RBI. That's pretty huge for SaaS prices.<p>If you indeed want, there are plenty of alternatives:<p><a href="http://www.braintreepaymentsolutions.com/" rel="nofollow">http://www.braintreepaymentsolutions.com/</a> , <a href="http://chargify.com/" rel="nofollow">http://chargify.com/</a> , <a href="http://spreedly.com/" rel="nofollow">http://spreedly.com/</a> , <a href="https://cheddargetter.com/" rel="nofollow">https://cheddargetter.com/</a> , <a href="http://recurly.com/" rel="nofollow">http://recurly.com/</a><p>Of these, Braintree looks most popular and is used by many big names.
Check out <a href="http://zaakpay.com/" rel="nofollow">http://zaakpay.com/</a><p>Downside: they only work with INR based transactions. No global currency or even just US$ supported.