Cashfree Payments provides international payment solutions enabling businesses in India to receive international payments through a leading international payment gateway. Accept payments from customers abroad in their own currencies and provide them with the best checkout experience.
Key Highlights:
Regulatory Compliance: Cashfree Payments is one of the first Payment Aggregators in India to have received the Payment Aggregator Cross Border (PA-CB) license from the RBI.
Licensing Information:
Cashfree Payments offers two primary solutions for receiving international payments:
Accept international payments in over 140 currencies from all major international cards and grow your business globally, effortlessly.
Make cross border payments with local accounts in USD, EUR, CAD, GBP and a Global SWIFT Account to accept payments in 30+ currencies.
Cashfree International Payment Gateway enables you to accept payments from across the world in 140+ currencies through all major international cards directly on your website.
| Feature | Description |
|---|---|
| Multi-Currency | Enables transactions in 140+ currencies effortlessly |
| FIRC Compliance | Ensure hassle-free international shipping controls and receive monthly FIRC reports |
| Global Reach | Accept payments seamlessly globally from any Visa, Mastercard, Maestro, and Amex cards enrolled in 3DS 2.0 with just a click |
| Frictionless & Secure | Opt for a smooth checkout experience and choose enhanced security measures |
| High Success Rates | Achieve over 75% higher success rate on secure transactions |
Cashfree Payments simplifies cross-border payments by enabling you to get local accounts for USD, EUR, CAD, and GBP. Use the Global SWIFT Account to accept payments in 30+ currencies from 180+ countries.
| Feature | Description |
|---|---|
| Multi-Currency | Accept payment from 180+ countries in 30+ currencies |
| RBI Compliance | Operates under RBI's OPGSP model ensuring compliance along with secured transactions |
| e-FIRA | Compliance made quick and easy with guaranteed 24 hour e-FIRA |
| Pricing | Minimal processing fees, no hidden charges, or forex markups. Pay only when you get paid |
Cashfree's International Payment Gateway is designed to cater businesses of any scale and across diverse industries, ensuring seamless transactions for all.
Available Solutions:
Custom Use Cases: For unique use cases not covered by standard solutions, contact the Cashfree Payments team.
Lowest international payment gateway charges in India. Accept online payments in Indian Rupees (INR) and other 140+ foreign currencies with minimal integration effort and go live in no time.
Pricing Benefits:
Custom pricing designed for enterprises with the following benefits:
Get in touch with the sales team to explore the right product(s) for payment needs and get custom pricing.
Integrate the PayPal wallet effortlessly with just a few clicks.
PayPal Benefits:
*Settlement cycle is subject to bank approval and can vary based on transaction type, business category/model, risk parameters and other factors.
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.
| Currency Name | Currency Code |
|---|---|
| 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 |
Businesses on Cashfree Payments can accept payments from international customers via:
Cashfree Payments is working to add additional alternate payment methods so that global customers can see payment modes that are local and familiar to them.
Cashfree Payments' International Payment Gateway enables you to accept payments from across the world without any additional effort. You can start accepting payments in 30+ currencies from 200 countries across the world via PayPal or through international cards after onboarding.
Once these modes are activated, you will be able to receive payments from international customers via their credit and debit cards, or via PayPal.
You do not need to handle currency conversion. 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.
Global Collections is a technology payments platform built for exporters who want to receive international payments. This solution is recommended for exporters 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, exporters can get 5 dedicated local accounts:
Payers/importers can make cross border payments as easy as domestic payments by using local rails like ACH, SEPA, EFT and Faster payments. 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 time, effort and money.
Visit www.cashfree.com/international-payments/international-wire-transfer/ and click on Contact Sales. Fill in the basic details about your company and Cashfree Payments sales representatives will reach out within 24 working hours to help you get started.
Global Collections by Cashfree Payments is FEMA compliant and operates under the OPGSP guideline.
Key OPGSP Requirements:
Transaction Limits: 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.
Account Management: Where 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.
Repatriation Timeline: 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.
A list of purpose codes to be followed for OPGSP transactions is available in the documentation.
Foreign Inward remittance refers to the transfer of money to India 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.
Cashfree Payments enables 1 Million+ growing businesses in India and across the globe to collect payments, make payouts, manage international payments, and more.
Backing and Partnerships:
Account Benefits:
Cashfree Payments' International Payment Gateway comes equipped to enable you to accept payments from across the world without any additional effort. You can start accepting payments in 30+ currencies from 200 countries across the world via PayPal or through international cards after onboarding with us. You can check if International Cards are enabled on your Cashfree PG account by going to Settings → Payment Methods (under Payment Gateway) and seeing if International Cards are enabled for Credit and Debit Cards on your account. To enable PayPal on your account, scroll down and click 'Connect Account' under PayPal, enter your PayPal credentials, and get started. Once these modes are activated, you will be able to receive payments from international customers via their credit and debit cards, or via PayPal.
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. The OPGSP guideline requirements include:
A list of purpose codes to be followed for OPGSP transactions is available in the documentation.
For more questions, visit the Cashfree Payments support page at www.cashfree.com/docs/help/overview