For
Businesses
For
Recipients
Features
Direct bank transfers or wire transfers
Wallet service providers
Global Payouts by Cashfree
Bulk payouts No Yes YesDo 10,000 payouts in a go Recipient payment
details verification No No Yes Reconciliation Manual Semi-automated Automated Cost High Medium Low Access to funds > 2-3 days > 2-3 days on withdrawal request Immediate* Direct to bank account transfer Operational involvement High
Accept foreign payments, track status and follow-up Medium
Claim withdrawal None Foreign Inward Remittance Statement (FIRS) copy issuance On request 48-72 hours Automated & same day Cost High
Fees on funds withdrawal
+
Taxes Medium
Fees on funds withdrawal
+
Foreign exchange currency conversion charges Zero