Send money to India

Global Payouts For Global Businesses

Send money to your sellers, service providers or freelancers in India directly to their local bank accounts. It’s Simpler, Faster and Cheaper.

  • Marketplaces
  • Logistics Platforms
  • Fintechs
  • Global Teams
flow one

Money Transfer to India Instant Global Payouts Here Is how It works

Recharge your Payouts account in your preferred currency. Do payouts directly to your recipients’ bank accounts in India.


Collect payments

Recharge Payouts Account

Adds funds from your bank to your Cashfree Payouts account. Supported currencies : USD, EUR, GBP, JPY + all freely convertible currencies.
Collect payments

Upload recipient details

Upload recipient bank details and verify using Validation Suite.
Collect payments

Send Payouts Instantly

Do 10,000+ payouts to your recipients in a go directly to their local bank accounts.

In the News

https://www.cashfree.com/images/newlanding/payouts-global/cxotoday.png

https://www.cashfree.com/images/newlanding/payouts-global/bfsi.png

https://www.cashfree.com/images/newlanding/payouts-global/india.png

Premium features

Advanced features
Get Started In No Time
Get Started In No Time

Start without registering your businesses in India. Do instant payouts directly to your recipients’ local bank accounts.

Upgrade Your Payouts Workflow
Upgrade Your Payouts Workflow

Upload recipients details and verify using Validation Suite instantly. Add it to your payouts workflow to verify account details before every payout to reduce errors.

Manage Payouts
Manage Payouts

Track status of all payouts in real time. Instant payouts reconciliation.

Connect with India and expand your businesses with Cashfree

Pricing

Flexible pricing plan, to suit your needs
Starts at
1%*
  • Zero charges on receipt of funds**

  • Zero charges on FIRS issuance**

Create Account
* plus taxes per wallet recharge(inclusive of foreign exchange and other charges) ** Valid Till 31st March 2024
Enterprises

Custom pricing designed for enterprises

  • Early access to new features

  • Dedicated account manager

  • Discount pricing

  • Support over WhatsApp in addition to other channels

Get in touch with our sales team to explore the right product(s) for your payment needs and get custom pricing.

REAL PEOPLE, REAL RESULTS

Meet Cashfree Global Payouts users
Samer Marei
We are very excited to be partnering with Cashfree to provide an innovative solution which enables instant cross-border payments to Indian e-tailers selling products to the Middle East. With Cashfree, we are able to provide merchants in India with convenient and flexible options allowing them to receive money instantly from online purchases. This FinTech based solution supports the demands of these markets and enables Indian e-tailers to penetrate the MENA region’s markets. It also ensures retail businesses are able to seamlessly process transactions, ultimately improving cash flow management, boosting order acceptance rates, and enabling those businesses to focus on profitable growth
Samer Marei
Regional Director - South East Asia & the Indian Sub at Aramex
Frequently Asked Questions
Global Payouts by Cashfree is a cross border payments platform that connects businesses across the globe with businesses and individuals operating out of India. Cashfree enables businesses to facilitate payments to their partner sellers, service providers and freelancers by using Cashfree’s payment infrastructure without having to open a place of businesses in India. Global brands like Dlocal, Plug & Paid and Aramex use Global Payouts for their bulk payouts needs.

To start using Global Payouts you need to have an international business bank account. To talk to our expert,

Contact Us Our expert will contact you within the next 6 business hours.

To activate your account submit the scanned copies of following documents:

1.Company ownership documents: Certificate of Incorporation and Beneficial Ownership

2.Tax identification documents as applicable in your country of businesses

3.Bank Account details - name of the bank, bank branch address, account holder name , account number and SWIFT code

4.Director / Authorised signatory KYC: Passport and national identity card

5.In the case of any individual(s) with 10% or more ownership in the company, passport and national identity card of each such individual will be required.

1.Any business entity based outside of India

2.Businesses operating in India where the holding company is outside of India

Before initiating a payout to any recipient in India you need to share following details of the recipient:

1.Bank Account details - Name of the bank, IFSC, account type - Savings/Current, bank account number, and name of the recipient as registered at the bank

2.Permanent Account Number (PAN)

3.Address and email ID

4.Purpose code used to determine the nature of foreign currency transactions for payments received

5.IEC code in case of export of goods

1.No limit on wallet recharge value

2.No limit on number of payouts in a day

3.Maximum USD 10,000 per payout

Please note: As per the RBI regulations on OPGSP, Online Payment Gateway Service Providers can hold the funds on behalf of businesses only for 7 working days from date of deposit . Hence funds deposited in Cashfree Global Payouts wallet need to be utilized within 7 days of recharge after which the funds will automatically get revered to the source bank account.

Purpose Code is a code issued by the Reserve Bank of India (RBI) to classify the nature of foreign currency transactions. Purpose code helps regulators in identifying the exact nature of a cross-border transaction. Before initiating a payout to any recipient, you need to specify this code. Certain payments may be restricted or prohibited as per the policy of RBI. Purpose codes validation happens to avoid illegal transactions. Please refer to your Payouts Global dashboard to understand the permissible purpose code.
To do payouts to your recipient in India, you need to recharge your Cashfree Global Payouts account. You can deposit the funds in 17+ international currencies including USD, GBP, EUR, and other freely convertible currencies.
Foreign Inward Remittance Statement Copy (FIRS) is a document that serves as a proof of a foreign transfer to India. Basis the FIRS details, the beneficiary bank issues a FIRC (Foreign Inward Remittance Certificate) and BRC (Bank Regularisation Certificate) which is required as proof at DGFT (Directorate General of Foreign Trade) and other agencies like Customs department to claim any export related incentives, custom duty exemptions, refunds on service tax or any other financial assistance.

Have more questions?

Visit our support page

Ready to get started?

Collect customer payments, make payouts, manage international payments and so much more. Create your account or contact our experts to explore custom solutions.

  • Easy onboarding

  • Dedicated account manager

  • API access

Create Account