Accept International Payments

Businesses on Cashfree Payments can accept payments from international customers via their credit and debit cards (Visa, Mastercard, American Express, Diner’s Club), or via PayPal. We are also working to add additional alternate payment methods so that your global customers can see payment modes that are local and familiar to them.

With Cashfree Payments, you can accept payments in a variety of foreign currencies and receive the settlement in INR in your account without any additional effort.We support the following currencies -

• Australian Dollar (AUD)
• Brazilian Real (BRL)
• Canadian Dollar (CAD)
• Chinese Renmibi (CNY)
• Czech Koruna (CZK)
• Euro (EUR)
• Hong Kong Dollar (HKD)
• Hungarian Forint (HUF)
• Israeli New Shekel (ILS)
• Japanese Yen (JPY)
• Malaysian Ringgit (MYR)
• Mexican Peso (MXN)
• New Taiwanese Dollar (TWD)
• New Zealand Dollar (NZD)
• Norwegian Krone (NOK)
• Philippine Peso (PHP)
• Polish Zloty (PLN)
• Pound Sterling (GBP)
• Singapore Dollar (SGD)
• Swedish Krona (SEK)
• Swiss Franc (CHF)
• Thai Baht (THB)
• United States Dollar (USD)

No, you do not. With Cashfree Payments, you will receive your payments in INR in your settlement account with no additional charges or effort for currency conversion.

International payments will be settled into your account in INR after the settlement cycle, and will be credited to your account normally. Payments received via PayPal will be settled by PayPal directly.

Foreign Inward remittance refers to the transfer of money to Indian from anywhere outside India. For example, when you receive money in your Indian bank account from a business or an individual abroad, it is called foreign inward remittance.

Global Collections is a technology payments platform that is built for exporters who want to receive international payments. This solution is recommended for exporters who are dealing in goods or services having invoice value of up to USD 10,000.

Traditionally exporters in India have been receiving payments via SWIFT. With Global Collections solutions, the exporters can get 5 dedicated local accounts - in 4 currencies namely USD, GBP, EUR and CAD and a Global SWIFT Account to accept payments in 30+ currencies.

Payers/importers can make cross border payments as easy as domestic payments by using local rails like ACH, SEPA, EFT and Faster payments and the amount is credited to the respective local collection account.

Exporters can receive these payments in importer's or payer's home currency without the exporter having to open a bank account in foreign countries saving his/her time, effort and money.

You can visit www.cashfree.com/international-payments/international-wire-transfer/ and click on Contact Sales. Please fill in the basic details about your company and Cashfree Payments sales representatives will reach out to you with 24 working hours to help you get started.

Yes. Here is the OPGSP guideline for your reference.

• The facility shall only be available for export of goods and services (as permitted in the prevalent Foreign Trade Policy) of value not exceeding USD 10,000 (US Dollar ten thousand) per transaction. There is no daily or monthly limit on the number of transactions. However, the value of a single transaction should not exceed USD 10,000.
• Where the exporters availing this facility are provided notional accounts (Global Collection Accounts) with the OPGSP, it shall be ensured that no funds are allowed to be retained in such accounts and all receipts should be automatically swept and pooled into the NOSTRO collection account opened by the AD Category-I bank.
• The balances held in the NOSTRO collection account shall be repatriated to the Export Collection account in India and then credited to the respective exporter's account with a bank in India immediately on receipt of the confirmation from the importer and, in no case, later than seven days from the date of credit to the NOSTRO collection account.

Here's the list of purpose codes to be followed for OPGSP transactions.