Cashfree helps you automate premium collection and do disbursals including claim reimbursement, payouts to agents and intermediaries. Our solutions fit perfectly in your insurance management system. Benefit from advanced APIs and a range of integrations and offer an excellent user experience.
Bank account Verification
UPI ID verification
Bulk verification via API
Payment gateway for website and mobile Apps
Link based payments
QR code & ePOS agent based payments
Auto-debit via E-mandate and Standing Instruction on cards
Direct disbursals from insurer’s bank accounts
Instant policy refunds
Incentives or commission payouts to on-field agents
Split payments with Easy Split
Verify bank accounts and/or UPI IDs while onboarding policy holders.
Check beneficiary’s bank account number validity and name of the account holder
Verify UPI VPA or ID
Simple API integration: Verify bulk policy holders’ a/cs in a single API call
Collect recurring payments via debit cards and Net Banking using NACH E-mandate
3 Simple Steps - Authentication and future payments
Create a policy plan
Add user and share link via email/SMS/WhatsApp/in-app
User clicks on link > selects E Mandate > enters netbanking details /card details & authorizes future payments with a one-time penny transaction.
E-Mandates via UPI
Accept direct payments via WhatsApp, Google Pay, Paytm using virtual accounts
Use APIs to create virtual UPI IDs and bank accounts
Instant reconciliation and same day settlement
Full visibility of remitter details
Support for custom branded UPI handles
Let users login to your app or website and make payments. Integrate with Agent/ broker app to collect payments via agent device.
Wide range of checkout integrations with APIs & SDKs
Instant settlement cycle
Higher success rate achieved with direct Integrations with MIGS, CyberSource, FSS and dynamic routing
PCI L1 compliant card vault and higher conversion rate with saved card
Instant refunds in case of policy cancellations
Next-generation payment gateway features.
QR codes fastest web checkout
and offline collections
Fastest in-app and
mobile checkout via UPI
Collections via WhatsApp, Paytm,
Google Pay reconciled instantly
Remind users about premium payments or renewals and collect payments faster.
Embed payment links in reminder SMSes, mails, or WhatsApp messages and collect the payments in the same channel as reminders.[Agent visits? Use our payment links to receive payments on the go]
Reimburse policy holders or disburse claim amounts to hospitals or other parties instantly. Automate payouts to agents.
Instant: Add beneficiaries instantly and send money 24x7 to any bank account, UPI ID, Paytm wallet and Amazon Pay in real-time
Easy to integrate: Simple integration with REST APIs (faster and more responsive than the bank’s SOAP APIs) or upload a simple file.
Dashboard & Risk Management: Dashboard & Risk Management: Get real-time updates on payment status.
Higher uptime and
Working with multiple insurers, brokers and agents? Use Cashfree Marketplace Settlement solution to split payments without managing a Nodal Account. Ideal for collection needs of brokers and aggregators.
Split payments to insurers, TPAs and agents correctly on time and automatically
In addition to online payments, add offline transactions and settle payments using APIs
Tax computations & IRDA reporting are faster and simpler by accessing marketplace earnings per transaction.
Bank APIs are often written with SOAP protocol that is complex to integrate and offer lesser flexibility around sending data. Typically takes 6 months or more to get started.
Integrate Payouts API with your platform.
Send money without collecting payment details using Cashgram. Generate links> send via Whatsapp/SMS/Email > user redeems payment
Talk to our payment experts to learn more about payment solutions for new age insurance platforms.
Your users value accessibility, reliability and simplicity. Change how you collect premium and disburse claims with Cashfree’s customer experience focused payment products.Get in touch
businesses and more than a million people transact on Cashfree every day
transactions processed annually
of unique Indian bank accounts received money via Cashfree
platform in India to enable disbursal of loans & insurance claim settlements