PayPal and Cashfree join hands to enable international payments across 200 markets
Business Insider India
"The new API integration allows merchants to enable payments using their existing PayPal business accounts and start accepting and collecting global payments in no time. Further, businesses benefit from the PayPal fraud prevention and seller protection tools," said Akash Sinha, CEO & Co-founder of Cashfree.
Cashfree said it does the foreign currency exchange automatically and the amount gets credited to businesses' accounts in Indian rupee.
"Together with Cashfree, Indian small businesses will be able to tap into our 350 plus million consumer base across 200 markets," said Ashish Tandon, Director, Channel Partners, PayPal
Businesses partnering with Cashfree can activate One Touch payments that would let their customers stay logged in and check out with a couple of clicks.
Cashfree, as a payment platform, offers businesses with international payment methods like Mastercardand Visa cards,
Currently, Cashfree supports over 100 payment modes for accepting domestic and international payments.
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