Cashfree Payments, India’s leading payments and API banking company, has partnered with Global Trade Plaza, a global B2B Marketplace, to provide Indian exporters cross-border payments experience.
In this partnership, ‘Global Collections’ solution by Cashfree Payments will enable Indian exporters to collect payments in over 15 foreign currencies. Subsequently, the received funds will be converted into INR and settled into their local Indian bank accounts within 48 hours. Further, exporters will also be able to get the auto-generated foreign inward remittances advice (e-FIRA).
Reeju Datta, Co-Founder, Cashfree Payments, said, “We are excited to partner with Global Trade Plaza to offer a seamless cross-border payment experience to Indian exporters through our ‘Global Collections’ solution. At Cashfree Payments, we have been at the forefront of building cross-border solutions, and partnerships like these help us further our goal of supporting and helping Indian businesses to grow and thrive globally.”
Pulkit Dwivedi, Co-Founder, Global Trade Plaza, said, “We are thrilled to collaborate with Cashfree Payments to provide our exporters with a seamless and efficient cross-border payment experience using their ‘Global Collections’ solution. As a leading B2B portal & official partner of Société Générale de Surveillance (SGS), Global Trade Plaza is dedicated to aiding Indian businesses in global growth, fostering easy and secure international trade. Together with Cashfree Payments, we are working towards simplifying global transactions for Indian businesses and ensuring their continued growth and success.”