Cashfree

Cashfree is a payment processing platform built for the Indian market. It gives businesses the tools to accept a wide variety of online payments, including UPI, credit/debit cards, net banking, and popular wallets. Beyond accepting money, it also provides a robust payout system to send money at scale to bank accounts, UPI IDs, or wallets, which is useful for disbursing refunds, salaries, or vendor payments. The platform handles the entire transaction lifecycle, from the initial payment to reconciliation.

The service distinguishes itself with deep local integration, supporting over 180 payment methods specific to India. It provides a full suite of APIs and pre-built plugins for major platforms like Shopify, enabling developers to integrate payment features quickly. Additional tools include fraud prevention checks, identity verification (KYC), and features to help recover abandoned carts or reduce failed transactions.

This tool is a strong fit for Indian e-commerce stores, SaaS companies, fintech startups, and any business that needs to manage a high volume of both incoming and outgoing payments. Use cases range from a small online shop setting up its first payment gateway to a large enterprise automating mass salary disbursements to thousands of employees.