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For a website located outside India,Indian customers order and pay in this website, what would be the best payment solution? Are there any payment services company can offer local payment methods in the websites and transfer the money to foreign country?
The question is quite common. Here is an article on the subject from our blog that should be helpful: https://paylosophy.com/challenges-startup-merchants/
There is a classical problem. As far as I know, in India there is no provider of merchant services (i.e., no entity in India issues merchant accounts in USD or EUR). In most cases, for this you have to address some banks either in Europe or in the US. Such banks are often reluctant to assume the risks associated with provision of services to Indian merchants (especially, if these merchants have relatively small processing volumes and, consequently, bring small residual revenues). On the other hand, in case of fraud the bank is held financially liable.
Having a registered business in the US or in Europe often seems to be the only plausible option.
Many Indian merchants, for this reason, prefer to work with Bitcoin or online wallets.
