Start accepting payments via 180+ payment options from day one.
Cashfree Offer 0% MDR* — Limited period offer for new merchants signing up from 21st July 2026.
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A Shopify payment gateway is a third-party payment processor that connects your Shopify store to India's banking and UPI infrastructure, enabling you to accept payments from customers at checkout. Shopify Payments — Shopify's native payment processor — is not available in India. Every Indian Shopify merchant must integrate a third-party RBI-regulated payment gateway to accept online payments.
This also means Indian Shopify merchants pay two sets of fees on every transaction: the gateway's MDR (transaction rate) and an additional Shopify transaction fee of 0.5%–2% depending on your Shopify plan. On the Advanced and Plus plans, this Shopify surcharge is reduced or eliminated.
Cashfree Payments is a listed Shopify payment partner in India — one of the few RBI-authorised Payment Aggregators with a direct, plug-and-play Shopify integration requiring no code and taking under 2 minutes to activate.
Setting up Cashfree on Shopify takes under two minutes and requires no coding. New merchants sign up, complete KYC, then activate Cashfree directly from the Shopify payments settings using their registered email and password.
"We do international sales as well and PayPal is a preferred mode abroad. When we partnered with Cashfree Payments, we had to just share our existing PayPal account credentials and the integrations happened in no time. Happy with the integration process."
Ankit Gulechha, Marketing Head, Kushal's Fashion Jewellery
"Cashfree Payments give us next day settlements. For a startup like us it means money reaches our account without being blocked anywhere."
Mansi Saxena, Manager - Business Operations, gonoise.com
Capture more sales by giving customers payment modes of their choice. Go live with 180+ payment modes instantly.
Domestic:
International:
Fast Access to Funds: Access customer payments within 15 minutes of fund capture, even on bank holidays, with the Instant Settlements feature.
The biggest problem with COD order refunds is the unavailability of payment details. Cashgram makes it easy for customers to receive refunds instantly on their preferred destination.
How it works:
Automate COD order refunds and increase pre-paid orders:
Get customers to complete payments for abandoned carts. Generate instant links with items from the customer's shopping cart and send personalised communication via email or SMS. Payment Links can also be used to sell products across social media channels.
Say goodbye to T+2* settlement days. Cashfree Instant Settlements allow Shopify merchants to access funds within 15 minutes of payment capture — including on bank holidays. Withdraw a specific settlement amount to your bank account in a single click, whenever you need it most.
*Settlement cycle is subject to bank approval and can vary based on transaction type, business category/model, risk parameters, and other factors.
Offer supreme flexibility and convenience for your shoppers with India's widest Buy Now Pay Later suite. Give a 40% boost to your average order value by providing 30+ BNPL options — including card-based and cardless EMIs and Pay Later partners. Learn more →
Turn every visitor into a customer with lucrative discounts and cashbacks on every order. Use the no-code Offer Engine to configure special offers at checkout without any effort — increase conversions by 30%.
Plug in Cashfree's no-code BNPL Plus on your Shopify store to display offers, EMIs, and Pay Later options upfront on your product page. Reduce customer drop-offs by up to 30%, increase average order value by 40%, and win customer loyalty without added effort.
Cashfree is a listed Shopify payment partner. Integration is direct and takes less than two minutes. The plug-and-play integration is code-free and helps you accept payments seamlessly on your Shopify store with high success rates.
Choose the checkout page logo and colour to match your own website. Use Cashfree smart analytics to track all Shopify transactions on your dashboard.
Since Shopify Payments is unavailable in India, choosing the right third-party gateway is one of the most important decisions for your store. Here is how Cashfree compares to the other major Shopify payment gateways in India.
Because all Indian Shopify stores must use a third-party gateway, Shopify charges an additional transaction fee on top of your gateway's MDR:
This means your effective cost per transaction is your gateway MDR + Shopify surcharge. On a Basic plan with Cashfree's 0% MDR offer, your effective cost is 2% — matching Razorpay's own 0% MDR offer, but valid on 4x the GMV (₹20L vs ₹5L) for 4x longer (till 31 Mar 2027 vs 3 months from signup).
| Feature | Cashfree | Razorpay | PayU | CCAvenue |
|---|---|---|---|---|
| MDR | 0%* (offer) | 0% | ~2% | 2%+ |
| Offer validity | Till 31 Mar 2027 (up to ₹20L GMV/month) | 3 months from signup (up to ₹5L GMV/month) | N/A | N/A |
| Dedicated Account Manager | All GST-registered businesses | Only very high-volume businesses | N/A | N/A |
| Shopify Payments page | Listed partner | Listed partner | Listed partner | Listed partner |
| Setup time | Under 2 minutes | Under 2 minutes | 5–7 days KYC | Longer setup |
| UPI support | ✅ 50+ options | ✅ 50+ options | ✅ Yes | ✅ Yes |
| International payments | ✅ 27+ currencies, PayPal | ✅ Yes, PayPal | ✅ Yes | ✅ Yes |
| BNPL options | ✅ 30+ options | ✅ Yes | ✅ LazyPay, Simpl | Limited |
| COD refunds (Cashgram) | ✅ Instant via link | ❌ Manual | ❌ Manual | ❌ Manual |
| Instant settlement | ✅ 15 min, bank holidays | ✅ On-demand (extra cost) | ❌ T+2 standard | ❌ T+2 standard |
| Offer Engine (no-code) | ✅ Built-in | ✅ Magic Checkout | Limited | ❌ No |
| COD-to-prepaid conversion | ✅ Up to 35% increase | ✅ Magic Checkout | Limited | ❌ No |
| Abandoned cart recovery | ✅ Payment Links | ✅ Payment Links | Limited | Limited |
| RBI authorised PA | ✅ CoA 266/2025 | ✅ Yes | ✅ Yes | ✅ Yes |
| PCI DSS Level 1 | ✅ Yes | ✅ Yes | ✅ Yes | ✅ Yes |
| Cashfree | Razorpay | PayU | CCAvenue | |
|---|---|---|---|---|
| Standard settlement | T+1 | T+2 | T+2 | T+2 |
| Fastest settlement | 15 minutes (Instant) | On-demand (extra cost) | Same-day (enterprise) | T+2 only |
| Bank holiday settlements | ✅ Yes | ✅ Yes (extra cost) | ❌ No | ❌ No |
Cashfree is the only listed Shopify payment gateway in India providing settlement cycles as fast as 24–48 hours as standard, with optional 15-minute instant settlement available even on bank holidays.
Choose Cashfree if you need:
Cashfree Offer
0% MDR* per transaction for domestic transactions (credit/debit cards, UPI, net banking) International card transactions: standard rate 2.99%
Offer details:
Pricing features:
Enterprise pricing — custom pricing available for enterprises with higher volumes. Includes early access to new features, dedicated account manager, discount pricing, and WhatsApp support.
Contact Sales for Enterprise Pricing →
Every Cashfree Shopify integration is backed by India's most stringent regulatory approvals:
Cashfree Payments is a listed Shopify payment partner in India. The plug-and-play Shopify integration is code-free, takes less than two minutes to set up, and gives merchants access to 180+ payment modes including UPI, cards, net banking, wallets, EMI, BNPL, and international payments — from day one. Cashfree is RBI-authorised as a Payment Aggregator (CoA No. 266/2025) and is PCI DSS, ISO 9001, and ISO 27001 certified.
Merchants can also customise the checkout page logo and colour to match their store's branding, and track all transactions via the Cashfree dashboard.
Cashfree charges 0% MDR* per transaction on domestic payments (credit/debit cards, UPI, net banking) — valid for new merchants signing up from 21st July 2026, till 31st March 2027. For international card transactions, the standard rate is 2.99%.
There are no setup fees, maintenance fees, or hidden charges — you pay only for actual transactions. Note that Shopify also charges an additional transaction fee (0.5%–2% depending on your Shopify plan) on top of the gateway fee since Shopify Payments is not available in India. For a detailed breakdown by payment mode, visit the pricing page →
No. Shopify Payments — Shopify's native payment processor — is not available in India as of 2026 due to RBI regulations. Every Indian Shopify merchant must integrate a third-party RBI-regulated payment gateway like Cashfree. This also means Shopify charges an additional transaction fee (0.5%–2% depending on your plan) on every sale. Choosing a gateway with the lowest MDR — like Cashfree's 0% MDR offer — directly reduces your total effective fee per transaction.
Domestic:
International:
Yes. Cashfree supports 50+ UPI options on Shopify, including BHIM UPI, Google Pay, PhonePe, and more. UPI is available from day one with no additional integration required, and is covered under the standard domestic transaction rate.
Yes. Cashfree Payments is authorised by the Reserve Bank of India as a Payment Aggregator (Certificate of Authorisation No. 266/2025) and is certified under PCI DSS, ISO 9001, and ISO 27001 standards. It is also an RBI-authorised Prepaid Payment Instrument (PPI) provider (CoA No. 209/2024). All payment data is processed and stored to the highest industry security standards.
Yes. Cashfree supports international payments from day one on your Shopify store. You can accept payments in 27+ foreign currencies via international credit cards (Visa, Mastercard, Amex, Diners Club) and PayPal. Connect your existing PayPal business account with Cashfree — no additional integration or separate setup required. All international settlements are processed into your Indian bank account in INR.
New merchants who sign up from 21st July 2026 receive 0% MDR* on domestic transactions. For international card transactions, the standard rate is 2.99%.
The 0% MDR pricing is valid till 31st March 2027 and is applied automatically on registration. Eligibility conditions: domestic GTV must not exceed ₹20 Lakh/month; UPI must form a minimum 40% of monthly GTV; offer not available via partners or resellers. Full T&C →
Both are listed Shopify partners with similar payment method coverage. Key differences: Cashfree's 0% MDR offer covers up to ₹20 Lakh GMV/month till 31st March 2027, versus Razorpay's own 0% MDR offer capped at ₹5 Lakh GMV/month for 3 months from signup, directly widening the runway before your effective cost per transaction on Shopify changes. Cashfree's Instant Settlements deliver funds within 15 minutes including bank holidays. Cashfree offers instant COD refunds via Cashgram without needing customer bank details upfront.
Razorpay has Magic Checkout — an AI-powered checkout that pre-fills customer addresses and offers COD-to-prepaid conversion tools. Cashfree counters with its BNPL Plus (30+ options displayed upfront on product pages) and Offer Engine (no-code discount configuration). See the full comparison table above.
When a COD order needs to be refunded, the usual problem is not having the customer's payment details. Cashgram solves this: you create a refund link and send it to the customer via SMS, WhatsApp, or email. The customer enters their preferred destination (bank account, UPI ID, Paytm, debit card, or Amazon Pay wallet) and receives the refund instantly. No bank details collection upfront, no manual transfer. Learn more about Cashgram →
Cashfree's BNPL Plus and Offer Engine help convert COD customers to prepaid. BNPL Plus displays EMI and Pay Later options upfront on product pages — reducing drop-offs by up to 30% and increasing average order value by 40%. The Offer Engine lets you configure cashbacks and discounts at checkout without any coding — shown to increase conversions by 30%. Used together, Cashfree merchants report increasing prepaid orders by up to 35%.
Yes. If you are an unregistered business, you can create an account as an individual by sharing personal identity and address proof.
Cashfree is a listed Shopify payment partner. Integration is direct and takes less than two minutes. Before integrating, sign up on Cashfree to generate your Merchant ID and API Secret key, then activate from your Shopify payments settings.
Yes. Cashfree has integrations for multiple major platforms including WooCommerce, Wix, WordPress, Zoho, Magento, OpenKart, and PrestaShop. Over 1 million businesses in India use Cashfree across these platforms.
Yes. Cashfree supports 180+ domestic and international payment modes on Shopify.
Domestic: UPI, net banking (50+), credit/debit cards, NEFT, IMPS, Paytm and wallets, EMI and cardless EMI, Buy Now Pay Later.
International: 27+ foreign currencies, international cards (Visa, Mastercard, Amex, Diners Club), and PayPal via direct integration. Connect your PayPal business account with Cashfree and accept international payments using a single Cashfree account on your Shopify store.
All Cashfree Payment Gateway merchants can connect their existing PayPal business account with Cashfree and offer PayPal as a checkout option instantly — no additional integration or separate setup required. This makes Cashfree ideal for Shopify merchants serving both Indian and international customers from a single gateway account.
By default, funds settle on a T+1 cycle. For faster access, activate Instant Settlements to receive funds within 15 minutes of payment capture — available 24×7, including bank holidays. Cashfree is the only listed Shopify payment gateway in India that provides standard settlement cycles as fast as 24–48 hours, with optional 15-minute settlement on top.
Cashfree Payments enables 1 Million+ growing businesses in India and globally to collect payments, manage international payments, and more. Backed by SBI, Y Combinator, Krafton, and Apis Partners. Incubated by PayPal.
Certifications: PCI DSS · ISO 9001 · ISO 27001
RBI Authorised Payment Aggregator License — Certificate of Authorisation No. 266/2025 RBI Authorised Prepaid Payment Instrument (PPI) Provider — Certificate of Authorisation No. 209/2024
Terms · PPI Terms · Privacy · Grievance Policy
© 2026 Cashfree Payments India Private Limited
*0% MDR offer applies to new merchants signing up from 21st July 2026 for domestic transactions (UPI, credit/debit cards, net banking) up to ₹20 Lakh/month GTV, with UPI comprising a minimum 40% of monthly GTV, valid till 31st March 2027. Standard pricing applies above ₹20 Lakh/month or after offer period. International card transactions are not included. Offer not available via partners or resellers. Full Terms & Conditions Apply.