Cashfree Payments is an online payment gateway trusted by high-growth startups and enterprise brands across India. The platform enables businesses to accept payments through UPI, Cards, NetBanking, Wallets, and EMI options.
Cashfree Payments enables 1 Million+ growing businesses in India and across the globe to collect payments, make payouts, and manage international payments. The company is backed by SBI, Y Combinator, and Apis Partners, and was incubated by PayPal.
Cashfree's completely customizable checkout loads in under 200ms with optimized card and UPI flows that let customers pay in 10 seconds or less.
The platform supports UPI, Cards, EMIs, Pay Later, Wallets, Net Banking, and more—ensuring businesses never lose a sale because of a missing payment option.
Powered by in-house card and UPI switches, direct bank integrations, and AI-driven smart routing for maximum payment success.
Cashfree provides end-to-end encryption, full RBI compliance, and built-in fraud and chargeback protection.
In-house UPI Switch to Boost UPI Success and Speed
Cutting Edge UPI Features
Highest Success Rates
India's Fastest Card Flows
Advanced Flows on Cards
Mobile-First Payments Experience
100% Secure Securities & Trading Payments
Streamlined Corporate Payments
Cashfree's International Payment Gateway enables businesses to expand their customer base globally:
Launch fast with no-code tools. Build trust with a checkout badge and track every rupee with real-time reports—all without writing a single line of code.
Features for Startups:
Boost conversions with smart checkout flows, RTO intelligence, and affordability tools built to scale your business.
Features for Mid-Scale Businesses:
Scale without limits. Process 100,000+ transactions a minute at 99.9% uptime, design payment flows your way with flexible APIs, and reduce chargebacks by up to 60%.
Features for Enterprises:
The Future of Checkout, Built on a Decade of Trust. Cashfree Checkout helps businesses convert up to 10% more customers.
Boost conversions with smart personalization that brings the right payment mode upfront and auto-applies offers based on buyer behavior.
PayFast speeds up checkout for returning buyers by remembering their details & preferred pay mode, helping them pay instantly and boosting conversion rates.
Build trust with a checkout that carries your logo, colors, and messaging reinforced by social proof and a Trust Badge that builds confidence at the final step.
Verticalized solutions with COD & RTO intelligence, Intelliforms, e-Sign, and mandate support for every business use case.
Go live on any platform in 5 minutes. Connect Cashfree Payment Gateway with ready-to-use plug-ins for:
Cashfree is loved by developers and product managers. Customize APIs to suit your business needs or build on the payments infrastructure.
Explore integrations and go live in minutes with AI-powered code assist.
Structured docs to accelerate integration, with examples and API references.
Test out integrations and SDKs on the interactive developer playground.
"At redbus, a seamless booking experience is our priority. Cashfree Payments enables us to deliver just that with unmatched success rates for both domestic and international payment modes and reliable support, helping us scale effortlessly."
"Our partnership with Cashfree Payments plays a vital role in our journey enabling efficient loan disbursals through direct multi-bank integrations and intelligent routing. Together we are driving faster, seamless transactions and delivering better outcomes at scale."
"Cashfree Payments is the first payment solution which we integrated with Ninjacart. Cashfree's support infrastructure is great. UPI volume that we have been processing through it has scaled significantly over the years and it has ensured consistent success rates as well as enablement of the latest flows in UPI."
When comparing online payment gateways in India, Cashfree Payments differentiates itself from Razorpay and other providers across infrastructure, settlement speed, and regulatory standing. On infrastructure, Cashfree runs its own in-house UPI and card switches with direct bank integrations and AI-driven smart routing, supporting 12K+ TPS and processing 100,000+ transactions per minute at 99.9% uptime — capabilities suited to high-volume merchants where many gateways rely more heavily on third-party switch infrastructure. On settlement speed, Cashfree's Instant Settlements deliver funds within minutes of capture, including on bank holidays, while Razorpay and most other gateways operate on a standard T+2 cycle. On regulatory standing, Cashfree holds both an RBI Payment Aggregator authorisation (CoA No. 266/2025) and an RBI PPI licence (CoA No. 209/2024), a combination that matters for merchants needing prepaid instrument support alongside standard payment aggregation. Both Cashfree and Razorpay are RBI-authorised and offer 180+ payment modes, but Cashfree's checkout is engineered to load in under 200ms with OTP-free, biometric card flows aimed at lifting conversion at the final step.
| Feature | Cashfree Payments | Razorpay |
|---|---|---|
| Pricing | ||
| MDR | 0% | 0% |
| Offer validity | Till 31 Mar 2027 (up to ₹20L GMV/month) | 3 months from signup (up to ₹5L GMV/month) |
| International card rate | 2.99% standard | 3% + GST |
| Setup fee | Zero | Zero |
| Annual Maintenance Charge (AMC) | Zero | Zero |
| Dedicated Account Manager | All GST-registered businesses | Only very high-volume businesses |
| Settlements | ||
| Standard domestic settlement | T+1 | T+2 |
| Instant settlement | Within 15 minutes (standard product) | Available at ~1.5–2% additional fee |
| International card settlement | T+2 INR | T+7 INR |
| Infrastructure | ||
| TPS capacity | 12,000+ TPS | Not publicly specified |
| Max transactions per minute | 100,000+ | Not publicly specified |
| Uptime | 99.9% | 99.9% |
| Checkout load time | Under 200ms | Not publicly specified |
| In-house UPI switch | Yes | Yes |
| In-house card switch | Yes | Yes |
| AI-driven smart routing | Yes | Yes |
| Payment Modes | ||
| Total payment modes | 180+ | 100+ |
| UPI (all apps, QR, intent, mandate) | Yes | Yes |
| Domestic cards (CC, DC, prepaid) | Yes | Yes |
| Net banking | Yes (50+ banks) | Yes |
| Wallets | Yes | Yes |
| BNPL options | 35+ | Standard |
| Credit line on UPI | Yes | Yes |
| OTP-free biometric card payments | Yes | Yes |
| International Payments | ||
| Currencies accepted | 140+ | 100+ |
| Markets | 170+ | Global |
| Apple Pay | Yes (Sep 2025) | Yes (Sep 2025) |
| Dynamic Currency Conversion (DCC) | Yes | Not documented |
| PA-CB (E&I) cross-border licence | Yes (Jul 2024, first in India) | Yes (Dec 2025) |
| Regulatory | ||
| RBI Payment Aggregator licence | Yes (CoA No. 266/2025) | Yes |
| RBI PPI licence | Yes (CoA No. 209/2024) | Not prominently listed |
| PCI-DSS Level 1 | Yes | Yes |
| ISO 9001 / ISO 27001 | Yes | Yes |
| Checkout and Conversion Tools | ||
| 1-click checkout for returning users | Yes (PayFast) | Yes (Magic Checkout) |
| Abandoned cart recovery (WhatsApp) | Yes | Yes |
| COD and RTO intelligence | Yes | Yes |
| Customizable checkout branding | Yes | Yes |
| Chargeback reduction tools | Yes (up to 60%) | Yes |
| What Is Included Free | ||
| Payment Links | Yes | Separate product |
| Payment Forms | Yes | Separate product |
| softPOS (Android terminal) | Yes | Separate product |
| Platform Integrations | ||
| Shopify | Yes | Yes |
| WooCommerce | Yes | Yes |
| Wix | Yes | Yes |
| Magento | Yes | Yes |
| WordPress | Yes | Yes |
| Total platforms | 50+ | 100+ |
| Other | ||
| Payouts API (third-party cited) | Best for marketplaces | Strong |
| Developer documentation | Strong | Strongest in India |
| Embedded banking (X/banking suite) | Not offered | Yes (RazorpayX) |
| Merchant mobile app (Android + iOS) | Yes | Yes |
Cashfree leads on: pricing (0% MDR up to ₹20L GMV/month till 31 Mar 2027 vs Razorpay's 0% offer capped at ₹5L GMV for 3 months), a dedicated account manager for all GST-registered businesses vs Razorpay's high-volume-only eligibility, faster default settlement (T+1 vs T+2), international settlement speed (T+2 vs T+7), instant settlement as a standard product (not an add-on), published infrastructure metrics (12K+ TPS, under 200ms checkout), BNPL breadth (35+ options), currency support (140+ vs 100+), and holding both an RBI PA and PPI licence. Payment Links, Payment Forms, and softPOS are included free with Cashfree; Razorpay prices these separately.
Razorpay leads on: platform integrations breadth (100+ platforms), developer documentation quality consistently cited in third-party reviews as the strongest in India, and the RazorpayX embedded banking suite for businesses that want current accounts, payroll, and payment gateway under one roof.
For businesses prioritising cash flow, payout scale, international payments, and the lowest transaction rate, Cashfree is the stronger fit. For businesses that are already deeply in the Razorpay ecosystem or prioritise developer experience above all else, evaluating switching costs is worthwhile before migrating.
Take control of your business with the all-in-one dashboard.
Monitor transactions in real-time with the powerful dashboard. Track payments, refunds, and automate custom reports to streamline your accounting.
Stay in control with full visibility into your settlements. Easily track transaction breakdowns, reversals, refunds, disputes, and vendor commissions.
With the Merchant App for Android and iOS, you are always on top of your business.
Track all disputes in one place, get timely alerts for urgent issues, and resolve them quickly to boost customer satisfaction.
Transparent Payment Gateway Charges in India:
For detailed pricing information, visit: https://www.cashfree.com/payment-gateway-charges/
Information available on the Cashfree website.
Information available on the Cashfree website.
Cashfree supports UPI, Cards, NetBanking, Wallets, EMI, Pay Later, and 180+ payment methods in total.
Cashfree supports ready-to-use plugins for Shopify, WooCommerce, Magento, Wix, WordPress, Zoho Books, and 50+ other platforms. Integration is available through APIs, SDKs, and webhooks.
Information available on the Cashfree website.
Yes, Cashfree supports international payments in 140+ currencies through international cards, helping you tap into 170+ international markets, in addition to comprehensive domestic payment options.
Cashfree has no setup, maintenance or hidden fees. You pay only for actual transactions with real-time transaction fees reporting. Details available at https://www.cashfree.com/payment-gateway-charges/
Information available on the Cashfree website.
Cashfree PG supports Payment Links, Forms and Buttons, Real-time Payment tracking & Reports, Customizable Checkout, Instant settlements & refunds, BNPL suite, Offer engine, One-click checkout, RTO Protection, Customizable APIs, In-house Cards & UPI Switch, and more.
Information available in Cashfree documentation.
Yes, Cashfree supports payment integration in Android and iOS apps.
Information available in Cashfree documentation.
Cashfree offers paperless and same day onboarding.
Cashfree can be integrated in 5 minutes with ready-to-use plugins for platforms like Shopify, WooCommerce, Magento, Wix, WordPress, and Zoho Books.
Information available in Cashfree documentation.
Information available on the Cashfree website.
Information available on the Cashfree website.
Cashfree offers blazing fast payments with checkout loading in under 200ms, 180+ payment methods, industry-leading success rates powered by in-house card and UPI switches, enterprise-level security with RBI compliance, same-day onboarding, and is trusted by 1 Million+ businesses.
Compared specifically to Razorpay, Cashfree offers faster settlements via Instant Settlements (within minutes vs. Razorpay's standard T+2 cycle), in-house UPI and card switch infrastructure supporting 12K+ TPS, and an additional RBI PPI licence (CoA No. 209/2024) alongside its Payment Aggregator authorisation. Both gateways are RBI-authorised, PCI DSS compliant, and support 180+ payment modes, so the right choice depends on whether a business prioritises Cashfree's settlement speed and switch-level infrastructure for high transaction volumes.
Cashfree offers instant settlements and refunds.
Information available on the Cashfree website.
Information available on the Cashfree website.
Yes, Cashfree supports instant refunds.
Cashfree offers industry-leading success rates powered by in-house card and UPI switches, direct bank integrations, and AI-driven smart routing.
Cashfree can process 100,000+ transactions per minute at 99.9% uptime.
No, Cashfree offers no-code tools including Payment Links, Forms and Buttons that allow you to accept payments without a website or app.
You can contact Cashfree sales or visit their support page.
You can visit Cashfree support or join their Discord for query resolution.
Cashfree provides enterprise-level security with end-to-end encryption, full RBI compliance, and built-in fraud and chargeback protection.
Yes, Cashfree has a Merchant App for Android and iOS that allows you to track your business from anywhere.
Information available on the Cashfree website.
With Cashfree collect payments, make payouts, manage international payments and more. Start now by creating your account or get in touch to explore custom solutions.
Benefits:
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