Payments firm Cashfree on Tuesday announced a collaboration with J.P. Morgan Payments as part of its commitment to building a borderless payments ecosystem. With this, J.P. Morgan Payments becomes an Authorised Dealer Category-I (AD-I) bank for Cashfree, enabling the processing of import transactions under the RBI's Master Direction on Regulation of Payment Aggregator, a joint statement said. This collaboration addresses the payment-related barriers head on by combining global credibility with homegrown innovation, it said. With J.P. Morgan Payments acting as Cashfree's AD-I bank, import transactions are routed end-to-end in compliance, while offering businesses the assurance of secure, transparent, and reliable settlements through trusted rails, it said. As India continues to set global benchmarks in digital payments, the world is increasingly looking to the country as the emerging hub for seamless digital commerce. The next era of global payments will be defined by enabling ...
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Cashfree becomes first Indian fintech to offer 140+ currency support on its international payment gateway, helping Indian merchants expand global reach and revenue
The new MCP server integrates large language models with Cashfree's APIs to automate merchant operations such as payment links and KYC verification
Sohn speaks on the company's rationale behind investing in Cashfree, monetisation challenges in the Indian gaming segment and focus areas for 2025
The company claims to process transactions worth $80 billion annually. It has a base of 8,00,000 merchants, including internet startups and enterprises
The chargesheet has named 298 individuals in what could one India's largest cryptocurrency scams: The HPZ Token scam, operated by 10 Chinese nationals
Cashfree Payments joins a growing list of PPI providers. At present, the banking regulator has issued these licences to 46 entities
Salesforce said it expects to achieve accretion on a free cash flow basis starting in the second year following the closing of the deal, which it anticipates to be in the fourth quarter of fiscal 2025
Cashfree's 'RiskShield' enables customers to add limits on the frequency and cumulative sum of transactions that an individual customer is permitted to pay on a periodic basis
Other players such as PayU, Paytm, JusPay, among others are yet to receive a nod from the regulator to onboard new merchants
/ -- Cashfree Payments, India's leading payments and API banking company, has partnered with Shopify to launch onsite payments with cards for Indian merchants. With onsite payments, merchants can offer a seamless and swift checkout experience to customers by directly collecting payment information on their website, eliminating the need for redirection to a third-party page. This streamlined process reduces transaction time and minimises customer drop-offs, enhancing revenue and payment experience. Previously, customers were required to leave the merchant's website and undergo an additional step to complete their payment, which delayed order completion and resulted in lower intent customers dropping off. Onsite payments alleviate multiple issues, enabling customers to complete their transactions directly on the merchant's website. This ensures a quicker, smoother, and more controlled checkout experience for all parties involved. Onsite Payments on Shopify were initially exclusive to .
The one-step UPI payment solution has been created in partnership with NPCI and Axis Bank, ensuring complete security and compliance
'AutoPay on QR' end the necessity to download an app or register on a website, says company
Yadav will look after teams such as human resources business partners, human resources operations, talent acquisition, and administration
The company further added that it processes over 1 million verification requests daily, reducing operational time by 85 per cent and costs by 75 per cent
Ecom360 aims to address core problems of D2C businesses by improving checkout and payment processes
Fintech company says service will reduce customer drop-offs by 30%, can be used to display payment options
This acquisition will also enable Cashfree Payments to offer additional value-added services like Return to Origin (RTO) reduction, fraud detection, and address pre-filling, among others