Cashfree Payment Gateway is a Full-stack payment method [cashfree payments]. It helps for your Business Transactions, vendor payouts, Bulk refunds.
It collects and sends the money around the clock.
Cashfree is used by more than 50,000 vendors for their bulk payout, wage payouts, refunds etc.
Cashfree is an integrates payments from the Platforms like Amazon pay, PayPal, Ola Money, Google Pay
Payout?
A payout is an option by Cashfree where you get to send bulk payments out.
In Corporates, all they do is avail the data of their Employee in an Excel file and by Using API (Application Programming Interface).
In Business, you can send out your Bulk payments to your Vendors. It can be Used by E-commerce’s for Refunds Instantly and Instant Loan Disbursals
How Different is it from Other Payment methods?
The main feature and most wanted feature that any user expects is a smooth refund process.
We start payments Online and sometimes it gets failed and we contact customer care and finally in how many days they say usually is 5 to 7 working days.
AjnaTX Startup Invents Smart Glasses Which Finds Covid Patient
Cashfree offers Instant refund payments
Cashfree will be an Interface between maximum Payment modes like Pay Later, Paytm, Cardless EMI, Subscription payments included
International Payments?
Yes, you can make international Transactions using Cashfree. All you have to do is Interlink Your PayPal account with Cashfree.
In Cashfree select the Checkout option as PayPal. you’ll be set to make international payments
Cashfree Features
- Payment Gateway: It helps you to send money local and International with simple Integration, You’ll Receive the money within Two 2 days
- Payouts: It helps You to send amount to any bank account, UPI, Paytm By using API
- Auto Collect: It tracks customer payments Automatically , Helps you in reducing Manpower
- Market Settlements: Cashfree split your Payments with vendor for Every sale
New Product Features
- Education Payments Suite: The easiest and fastest, secure way to collect fees, disburse expenses, and other Payments
- UPI Autopay: Repeated payments for any Business, with subscriptions
- Refunds Suite: It offers faster Refunds for Online Orders, COD’s and deposits with an advanced Solutions
- Lending Payment Suite: the fastest and easiest for loan disbursement and deposits and to collect repayments for new-age vendors
- UPI Stack: The widest range of business applications of UPI, for business UPI getaway, QR code checkout, deep linking API’s, API for bulk payments
How to Register in Cashfree?
Cashfree does 100% paperless process
- Signup: register yourself with your Email account and with a verification mail
- Update your business profile and upload scanned copies of business documents
- You can check the product with a Test account and the detailed guide for each product
- Once you register yourself with a Test account you will receive a call from an Expert and customize features according to your requirement
- After the Account verification is done, Cashfree Team will help you with the Integration process for all your payment methods
Now India is almost Transformed to digital platform and with Central Government vision for Digital India , Cashfree is the best and smoothest Option for any MSME(Micro, Small, Medium Enterprises) .
Every Industry from Small to Large can make use of this Platform to make your customers experiences smooth and simple as well as secured
Difference between Traditional Corporate banking platforms like Enet HDFC Wholesale banking & Cashfree Payouts
| Corporate banking Platforms | Cashfree Payouts |
| You have to visit the bank physically to start this process | 100% Online onboards as well as KYC dedicated Employees |
| Not Compatible for all the browsers and operating systems | It works on every browser and every operating system in the market |
| Bank to Bank transfer, RTGS, NEFT applicable | Along with Bank to Bank transfer it supports UPI, Paytm, VISA, Mastercard, RTGS, NEFT |
| There is buffer(timing) for payment process to happen | All payments are Instant, works 24/7, even on Bank Holidays |
| Multi step process Activation required | Instant addition and Instant Activation of Beneficiaries |
| Only Excel , No API for Bulk payouts | Uses Dashboard-4 coloums Excel Sheet or API for Complete Automation |
Go ahead and check the Cashfree with all the links provided in the Article
meletika 