Global payments occur when the issuing and acquiring banks for the transaction are located in different countries.
Global payout with Cashfree International Payments
A cross-border payments network called Global Payouts by Cashfree connects companies worldwide with people and companies based in India.Without needing a physical presence in India, Cashfree's payment infrastructure enables companies to make payments to their partner vendors, service providers, and freelancers.
How does Global Payout with Cashfree International Work?
Recharging Payouts Account
As the first step, you must add money from the bank to your Cashfree Payouts account. Cashfree supports USD, EUR, GBP, JPY, and all other freely convertible currencies.
Uploading Recipient Details
The next step is to upload the recipient's banking details and use Validation Suite to verify them.
Sending Payouts Instantly
After that, you can do over 10000 payouts to your recipients directly into their local bank accounts using cash free.