Overview
With Global Collections, you can now accept international payments from your customers. The payments that are received from your customers are converted to INR and settled into your bank account automatically. You can accept international payments in more than 17 currencies from 180+ countries. Cashfree Payments takes care of the currency conversion in real-time; you need not worry about it.
Global Collections Flow
Advantages
- International payment support - receive payments from any part of the world.
- Support for major currencies such as USD, GBP, EUR etc.
- Scale up your business in terms of size and complexity.
- Simplified Foreign Inward Remittance Statement (e-FIRS) issuance.
- Save more than 50% on international wire transfers.
- Higher success rate when processing international transactions.
Make sure that you are a registered business in India. You can start accepting international payments only after we review your documents which typically takes around 24-48 hours. We will contact you for any additional documents required for activation.
To get started with Global Collections, click Contact Sales. If you are an existing merchant, contact your respective account manager.
The following articles help you understand Global Collections in detail:
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