{"id":5614,"date":"2022-01-05T12:29:47","date_gmt":"2022-01-05T06:59:47","guid":{"rendered":"https:\/\/cashfree.com\/blog\/?p=5614"},"modified":"2023-01-03T16:14:54","modified_gmt":"2023-01-03T10:44:54","slug":"cashfree-payments-year-in-review-2021","status":"publish","type":"post","link":"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/","title":{"rendered":"Cashfree Payments &#8211; Year in review 2021"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_81 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a8f29c430393\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #364250;color:#364250\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #364250;color:#364250\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a8f29c430393\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#Key_Product_Launches\" >Key Product Launches<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#A_big_step_in_a_new_direction_%E2%80%93_Banking-as-a-Service\" >A big step in a new direction &#8211; Banking-as-a-Service<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#Strengthening_our_Verification_Suite_with_PAN_Verification\" >Strengthening our Verification Suite with PAN Verification<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#New_additions_to_our_Collection_Suite\" >New additions to our Collection Suite<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#Payment_Gateway\" >Payment Gateway<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#Special_initiative_Free_Payment_links_for_Donations_for_MissionOxygen\" >[Special initiative ] Free Payment links for Donations for #MissionOxygen<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#Subscriptions\" >Subscriptions<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#Auto_Collect\" >Auto Collect<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#New_additions_to_our_Disbursals_Suite\" >New additions to our Disbursals Suite<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#Payouts\" >Payouts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#Cashgram\" >Cashgram<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/#Entering_the_new_year_with_hope_and_a_lot_of_gratitude\" >Entering the new year with hope, and a lot of gratitude!<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n\n<p class=\"wp-block-paragraph\">The year 2021 was a mix of emotions for brands and people across the world. The markets were gaining back their momentum, industries like Travel &amp; Hospitality, e-commerce, food delivery saw a lot of digitization and changed the way businesses operate. In short, if we could describe last year in a word, it should be &#8211; determination.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">That\u2019s exactly what defines 2021 for Cashfree Payments as well. We were determined to offer businesses the best of payments and banking infrastructure to help them grow. We wanted to explore new grounds while staying true to what we set out to do. And, looking back, we are happy about the paths we tread, and the thousands of businesses we partnered with.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here\u2019s a look back at the year that was 2021!<\/p>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" data-attachment-id=\"5670\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/cf_yearreview2021web\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_YearReview2021Web.png?fit=1200%2C6111&amp;ssl=1\" data-orig-size=\"1200,6111\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"CF_YearReview2021Web\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_YearReview2021Web.png?fit=201%2C1024&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2022\/01\/CF_YearReview2021Web-201x1024.png?resize=754%2C3841&#038;ssl=1\" alt=\"\" class=\"wp-image-5670\" width=\"754\" height=\"3841\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_YearReview2021Web.png?resize=201%2C1024&amp;ssl=1 201w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_YearReview2021Web.png?resize=59%2C300&amp;ssl=1 59w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_YearReview2021Web.png?resize=768%2C3911&amp;ssl=1 768w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_YearReview2021Web.png?resize=402%2C2048&amp;ssl=1 402w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_YearReview2021Web.png?w=1200&amp;ssl=1 1200w\" sizes=\"(max-width: 754px) 100vw, 754px\" \/><\/figure>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>And, we got a makeover too!<\/strong><\/p>\n\n\n\n<iframe width=\"1500\" height=\"480\" src=\"https:\/\/www.youtube.com\/embed\/6gK5PDfT7Aw\" title=\"YouTube video player\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture\" allowfullscreen=\"\"><\/iframe>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Key_Product_Launches\"><\/span><strong>Key Product Launches<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"A_big_step_in_a_new_direction_%E2%80%93_Banking-as-a-Service\"><\/span><strong>A big step in a new direction &#8211; Banking-as-a-Service<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">With the credibility of being the leading payments solutions company in India, we took our big step into API banking in 2021 with <a href=\"https:\/\/blogrevamp.cashfree.com\/banking-as-a-service?utm_source=Blog&amp;utm_medium=Post&amp;utm_campaign=Year-in-review-2021\"><strong>Accounts<\/strong><\/a>, our very own Banking-as-a-Service solution. We partnered with major banks and neobanks to help businesses completely digitize their banking services.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Strengthening_our_Verification_Suite_with_PAN_Verification\"><\/span><strong>Strengthening our Verification Suite with PAN Verification<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/blogrevamp.cashfree.com\/PAN-verification\/?utm_source=Blog&amp;utm_medium=Post&amp;utm_campaign=Year-in-review-2021\">PAN Verification<\/a> allows merchants to do a single verification or a bulk verification of upto 10,000 PANs via API. Businesses can integrate the API with their product to streamline KYC of users, partners etc. Using this feature businesses can autome their KYC processes &#8211; view details like PAN type, name of the PAN holder, verification status, and more, of all PAN numbers verified for the given range.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"New_additions_to_our_Collection_Suite\"><\/span><strong>New additions to our Collection Suite<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Payment_Gateway\"><\/span><strong>Payment Gateway<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">At the onset of 2021, we launched <a href=\"https:\/\/blogrevamp.cashfree.com\/instant-settlements?utm_source=Blog&amp;utm_medium=Post&amp;utm_campaign=Year-in-review-2021\">Instant Settlements<\/a>, our advanced Payment Gateway feature that lets merchants get access to their funds within 15 minutes of payment capture. We then followed it up with some key developments such as <a href=\"https:\/\/blogrevamp.cashfree.com\/easy-split\/split-payment-gateway?utm_source=Blog&amp;utm_medium=Post&amp;utm_campaign=Year-in-review-2021\">Easy Split<\/a>, which lets marketplace merchants split incoming payments amongst the vendors after adjusting commission.&nbsp;<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Special_initiative_Free_Payment_links_for_Donations_for_MissionOxygen\"><\/span><strong>[Special initiative ] Free Payment links for Donations for #MissionOxygen<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">The second wave of the pandemic made things worse for the country as a result of an insufficient supply of oxygen concentrators. We at Cashfree Payments did our bit to help as many people in need as possible, with #MissionOxygen, in association with Ketto and Democratic People Foundation. As a part of this outreach, we made our no-code payment tool, Payment Links, free of cost for any NGO or service organization set out to solve the dearth of oxygen concentrators in the country.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Here is the summary of our product launches this year,<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Launched our <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.cashfree.merchant&amp;referrer=utm_source%3DBlog%26utm_medium%3Dpost%26utm_campaign%3DYear-end-review%26anid%3Daarki%26aclid%3D%7Bclick_id%7D%26cp1%3D%7Bapp_id%7D\">Merchant Dashboard Android app<\/a>, to help merchants be on top of their payments on the go!<\/li>\n\n\n\n<li>Mobile Intent flow for UPI transactions to provide a more native experience for the end customers<\/li>\n\n\n\n<li>Reports on SFTP servers to help merchants access their transaction data securely in their own servers on a daily basis<\/li>\n\n\n\n<li>Dynamic GST QR codes to help merchants adhere to the latest CBIC regulations of providing business GST information on all the B2C invoices<\/li>\n\n\n\n<li>Easy Split for marketplaces<\/li>\n\n\n\n<li>Payment Links for small business not having website&nbsp;<\/li>\n\n\n\n<li><a href=\"https:\/\/blogrevamp.cashfree.com\/whitepapers\/optimizing-transaction-success-rate?utm_source=Blog&amp;utm_medium=Post&amp;utm_campaign=Year-in-review-2021\">Dynamic routing<\/a> for cards (debit and credit cards) to maximize transaction success rates<\/li>\n\n\n\n<li>Native OTP for transactions to minimize re-directions for end customers, and thereby increasing transaction success rate<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Subscriptions\"><\/span><strong>Subscriptions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">2021 was a particularly important year for our Subscriptions solution with key improvements and advancements to help merchants collect recurring payments easily. Here are the important upgrades that were made to the solution,<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Introduced <a href=\"https:\/\/cashfree.com\/blog\/bulk-import-of-nach-emandates\/?utm_source=Blog&amp;utm_medium=Post&amp;utm_campaign=Year-in-review-2021\">Mandate Porting<\/a>, to facilitate merchants with seamless migration between payment solutions (for e-mandates), tech-free integration with Cashfree Payments.<\/li>\n\n\n\n<li><a href=\"https:\/\/docs.cashfree.com\/reference\/createorder#webhooks\">Webhook checkpoint for subscription failures<\/a> &#8211; to notify customers in case of failure of eMandate creation with our webhook checkpoints. Cashfree Payments involeswill invoke a webhook whenever an e-Mandate fails for the end customers.&nbsp;<\/li>\n\n\n\n<li>First charge date for the e-Mandates &#8211; Merchants can now set the start date from which the first payment will be debited for the e-Mandates.&nbsp;<\/li>\n\n\n\n<li>Checkout links for end customers &#8211; to help merchants share the checkout URL with end-customers via SMS or email. Customers can open the link, authorize the mandate and get the subscription activated without any hassle.<\/li>\n\n\n\n<li>Functionality to process eNACH on all days, as per the latest RBI guidelines<\/li>\n\n\n\n<li>Individual utility codes &#8211; to help merchants customize all end-customer facing interfaces to reflect their business name, giving a personalized experience for the end-customer.<\/li>\n\n\n\n<li>SBI direct debit: scanned image parsing for Physical Mandates &#8211; merchants who have accounts in SBI can give us a scanned image of a mandate (a challan that is signed by the end customer) to authorize recurring payments. Cashfree Payments will process this mandate and subsequently process the upcoming debits.&nbsp;<\/li>\n\n\n\n<li>Subscription activation from within the merchant dashboard to help merchants facilitate payment retries and increase success rates<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Auto_Collect\"><\/span><strong>Auto Collect<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Auto Collect turned eyes last year with a bunch of new additions to help merchants associate incoming payments with customers faster and easier. We partnered with Mumbai Metro to facilitate customers and travellers with UPI QR Code contactless checkout across 24 metro stations in Mumbai. Here are the upgrades that went into Auto Collect in 2021,<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Instant Settlements to help merchants get instant access to their payments in their bank accounts<\/li>\n\n\n\n<li>Webhook to automatically adjust Auto Collect settlements with disputes and chargebacks created<\/li>\n\n\n\n<li>Merchant self help widget &#8211; to help merchants to automatically track the status of a transaction in real time, within the merchant dashboard<\/li>\n\n\n\n<li>Preschedule charges for transactions via SI on cards &#8211; In compliance with RBI guidelines, Subscriptions now lets merchants pre-schedule transactions for customers upto 7 days prior to the date of debit<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"New_additions_to_our_Disbursals_Suite\"><\/span><strong>New additions to our Disbursals Suite<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Payouts\"><\/span><strong>Payouts<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Payouts by Cashfree Payments made news this year as the market leader in the bulk disbursals segment with more than 50% market share, processing transactions worth USD 20 billion annually at the rate of 60,000 Payouts\/minute. Here are the enhancements what went into this path-breaking numbers,<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Introduced Payouts in our <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.cashfree.merchant&amp;referrer=utm_source%3DBlog%26utm_medium%3Dpost%26utm_campaign%3DYear-end-review%26anid%3Daarki%26aclid%3D%7Bclick_id%7D%26cp1%3D%7Bapp_id%7D\">Merchant Dashboard mobile app<\/a> to help merchants keep track of their payouts at all times<\/li>\n\n\n\n<li>Excel support for batch uploads &#8211; Support of .xlsx file uploads, and processing transactions in bulk including bulk verification, bulk transfer or bulk generation of Payout links<\/li>\n<\/ul>\n\n\n\n<h4 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Cashgram\"><\/span><strong>Cashgram<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p class=\"wp-block-paragraph\">Cashgram, our instant payout links solution, got a new makeover in 2021 with better user experience and additional features to help merchants provide a more personalized experience. Here\u2019s a quick glance at what went into Cashgram last year,<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Cashgram link expiry date extension &#8211; to help merchants choose the expiry date anytime between 1 to 30 days, instead of the previous 7-day period.&nbsp;<\/li>\n\n\n\n<li>Cashgram upgrade &#8211; The new Cashgram upgrade has a lot of customizations that will help merchants present their brand better and provide customers with an enhanced experience! Some major improvements included the ability to add company logo and customer support number, mention the payout type (refunds, reimbursement, rewards, etc.), and specify the payout reason for the newly created Cashgrams.<\/li>\n\n\n\n<li>Excel support for batch uploads &#8211; Support of .xlsx file uploads, and processing transactions in bulk including bulk verification, bulk transfer or bulk generation of Cashgram links<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Entering_the_new_year_with_hope_and_a_lot_of_gratitude\"><\/span><strong>Entering the new year with hope, and a lot of gratitude!<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">As we enter the new year, we\u2019d like to thank everyone who was by us throughout this journey, including,<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our beloved customers who trust us and make us a part of their success story.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our banking partners who trust Cashfree Payments and our zest to improve the customer payment experience<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our strategic partners who share the same enthusiasm and drive as we do to help solve business payment challenges.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Our investors and incubators including SBI, Ycombinator, PayPal, SmileGate Investments and Apis partners.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">And, our lovely Cashfree Payments family for transforming dreams into reality for a living!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Onwards and upwards!<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/blogrevamp.cashfree.com\/?utm_source=Blog&amp;utm_medium=Post&amp;utm_campaign=Year-in-review-2021\"><img data-recalc-dims=\"1\" decoding=\"async\" width=\"770\" height=\"292\" data-attachment-id=\"5680\" data-permalink=\"https:\/\/blogrevamp.cashfree.com\/cashfree-payments-year-in-review-2021\/cf_welcoming2022\/\" data-orig-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_Welcoming2022.png?fit=5000%2C1893&amp;ssl=1\" data-orig-size=\"5000,1893\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"CF_Welcoming2022\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_Welcoming2022.png?fit=770%2C292&amp;ssl=1\" src=\"https:\/\/i0.wp.com\/cashfree.com\/blog\/wp-content\/uploads\/2022\/01\/CF_Welcoming2022-1024x388.png?resize=770%2C292&#038;ssl=1\" alt=\"\" class=\"wp-image-5680\" srcset=\"https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_Welcoming2022.png?resize=1024%2C388&amp;ssl=1 1024w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_Welcoming2022.png?resize=300%2C114&amp;ssl=1 300w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_Welcoming2022.png?resize=768%2C291&amp;ssl=1 768w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_Welcoming2022.png?resize=1536%2C582&amp;ssl=1 1536w, https:\/\/i0.wp.com\/blogrevamp.cashfree.com\/wp-content\/uploads\/2022\/01\/CF_Welcoming2022.png?w=2310&amp;ssl=1 2310w\" sizes=\"(max-width: 770px) 100vw, 770px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>The year 2021 was a mix of emotions for brands and people across the world. The markets were gaining back their momentum, industries like Travel &amp; Hospitality, e-commerce, food delivery saw a lot of digitization and changed the way businesses operate. In short, if we could describe last year in a word, it should be<\/p>\n","protected":false},"author":15,"featured_media":5618,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_themeisle_gutenberg_block_has_review":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_wpcom_ai_launchpad_first_post":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_post_was_ever_published":false},"categories":[1,1372],"tags":[],"class_list":["post-5614","post","type-post","status-publish","format-standard","has-post-thumbnail","category-all","category-updates"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Cashfree Payments - Year in review 2021 -<\/title>\n<meta name=\"description\" content=\"From venturing into API banking to becoming the market leader in the bulk payouts segment, 2021 was a joy ride at Cashfree Payments. Read more now!\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cashfree.com\/blog\/cashfree-payments-year-in-review-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cashfree Payments - Year in review 2021 -\" \/>\n<meta property=\"og:description\" content=\"From venturing into API banking to becoming the market leader in the bulk payouts segment, 2021 was a joy ride at Cashfree Payments. 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