Stripe is affordable since they charge you only on transactions (minimum plus percentage). However because it is not available in India, what are the alternatives that have Stripe-like transactions model? The product is for global market, and we need CC processing options similar to what Stripe provides.
there is Balanced, Dwolla, Braintree but none of them seem to work in India yet.
There are many payment gateway options available in India. Each one has differentiated offering. You will have to study the options in detail. Do negotiate on pricing, it's quite volatile.