- 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
