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Cashfree: Launches global payouts for instant cross-border payments

December 22, 2020

Cashfree is a payment and banking technology company, based out of Bangalore
Cashfree launched the company’s Global Payouts solution for instant cross border payments availed by international businesses to pay their sellers
This solution allows businesses to make instant transfers directly to local bank accounts of recipients in Indian Rupees (INR)
The launch of Global Payouts enables Cashfree to offer businesses such as fintechs, ecommerce marketplaces, logistics platforms
International businesses can use Cashfree’s solution without having to set up a place of business in India
Cashfree working with global businesses including Shell, Tencent, and HDFC Ergo with its collection