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Cashfree payment gateway pricing, charges, features, and faqs

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Cashfree payment gateway pricing, charges, features, and faqs

Ecommerce is booming in India, and so are Digital payments, isn’t it?

Despite the pandemic, or maybe, because of it, more eCommerce stores are popping up.

Whatever the situation, the growing eCommerce industry needs an efficient payment system. With the Increasing digital payment trends, the payment gateway solution has quickly become a crucial tool in the Indian market.

But with so many payment gateways available, you’ve probably come across Cashfree.
The question is, what makes Cashfree different from other payment gateways? Let’s start with some basics first.

What is Cashfree payment Gateway?

Founded in 2015 by Akash Sinha and Reeju Dutta as a payment gateway, the founders decided to make it a dedicated bulk payout solution for businesses in India later in mid-2016.

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With 3 lakhs+ merchants connected with the Cashfree payments solution and 40 billion+ U.S. Dollars processed annually, it is one of India’s most trusted payment gateways.

But what makes it popular is offering the lowest TDR in India.

Cashfree payment gateway is a user-friendly Indian payment gateway and API payment platform that offers a wide range of features and services that make it an attractive option for businesses. It provides solutions for online payments and cash-on-delivery payments designed for companies based in India.

It is developer friendly and can integrate with any website and other website-building platforms like Shopify, WooCommerce, Magento, Wix, WordPress, and more.

In addition, international payment support helps businesses to extend their reach to customers abroad by supporting 30+ foreign currencies.

This article shows cashfree payment gateway reviews on the pricing, charges, features, and FAQs. Buckle up; it is going to be an in-depth read!

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Which payment options does the Cashfree payment gateway support?

In a fast-paced and modern world, businesses need to be able to accept payments in multiple ways.

Access to multiple payment modes benefits both the merchant and the buyer because it provides flexibility and convenience.

For the merchant, it allows them to accept payments in the most convenient form for the buyer. On the other hand, it allows customers to pay in the most convenient form. This flexibility and convenience are why access to multiple payment modes is so beneficial.

This gives customers the convenience they crave and helps businesses tap into new markets. It helps increase customer satisfaction, boost sales, help run payments smoothly, and increase the rate of successful business transactions.

Cashfree offers 120+ payment options for customers in India and abroad, allowing transactions in 30+ currencies. The payment modes include Credit and Debit cards, Net Banking (65+ Indian Banks), Paytm, and other wallets, UPI via BHIM, Google pay, EMI options, and Buy Now Pay Later.

In addition, it allows businesses to collect payments for subscriptions via links or API, UPI Autopay, and E-mandate making it a convenient option for Indians across the country.

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The upper limit transaction for the Cashfree payment gateway is 1 lakh INR which can be modified in the dashboard under ‘Payment Methods.’

Cashfree payment gateway features

Cashfree Payment Gateway is aleading online payment service offering multiple features for customers and merchants. Some of the important features include the following-

  1. Accepting Payments using International Cards
    Accepting payment using International cards allows businesses to expand their reach to a global audience. It also helps build customer trust, as they know they can use their preferred payment method.

    Additionally, it can help to increase conversion rates, as customers are more likely to complete a purchase if they can pay with their preferred method.

    Cashfree payment gateway allows accepting payments through International cards using Visa, Mastercard, Paypal, Paytm, Diners Club, and American Express.

  2. Multi-Currency Support
    The payment gateways provide customers with a seamless and secure checkout process. Regarding cross-border sales, payment gateways play a key role in helping merchants process online transactions with efficiency and good user experience.

    Merchants selling across the globe need to choose the payment gateway carefully. The multicurrency feature allows the merchant to accept and make payments through an online portal with currency flexibility.

    Cashfree payment gateway allows international transactions in 30+ currencies, including USD, GBP, EUR, AED, CAD, and many more.

  3. Recurring Billing Solutions
    Recurring billing is the automatic, regular billing process that automates the payment collecting process once customers signups for a subscription service, like SaaS products or an eCommerce service.

    It allows merchants to draw funds from their customer’s accounts regularly for their purchases and services they receive regularly. The amount is transferred from the customer’s account to the merchant’s account, and they are issued an invoice for the same. It ensures an ongoing long-term relationship between customer and merchant instead of a one-time purchase.

    Cashfree payment gateway allows Subscription-based payments using cards (Visa, Mastercard), E-mandate, UPI Autopay, and physical NACH.

  4. Settlement Period
    Payment gateways typically have a settlement period of between 1-3 business days. However, this can vary depending on the gateway provider and the country where the payment was made.
    The settlement period is important because it ensures that all transactions are processed securely and accurately. It also allows merchants to protect themselves from fraudulent activity by giving them time to verify that the payments they receive are legitimate.
    Cashfree payment gateway has a settlement period of T+2 days.

    In addition, it offers an Instant Settlement Cycle of 15 minutes, On-demand Instant settlement, and Same-day settlement options to reconcile all your payments, even on bank holidays, instantly.

  5. Customer Support
    Payment gateways should be designed with robust customer support to ensure that customers can access the assistance they need quickly and easily.
    This could include a customer service line, a chatbot, an FAQ section, or any other support that makes it easy for customers to get the answers they need.
    Additionally, payment gateways should have knowledgeable customer service representatives that can provide personalized assistance and troubleshooting for customers. By providing excellent customer support, payment gateways can ensure that customers have a smooth and pleasant experience when using their services.
    Cashfree payment gateway offers online customer care through the merchant dashboard. It allows customers to submit tickets for any issues, real-time online chat service, an email, and a dedicated relationship manager to solve queries.
    The premium services offer dedicated account managers, priority business support with an assured response time of 30 minutes, and 20% faster resolution to dispute management. Add a few lines around readymade plugins for shopping websites, easy integration as a part of features.

Cashfree payment gateway pricing and charges

Cashfree offers competitive pricing and charges for their payment gateways, with a zero setup fee, minimal transaction fees, and no additional maintenance or hidden fees. It also offers the lowest TDR.

Cashfree payment gateway charges offer premium services with an Annual Maintenance charge of Rs. 4,999/- per year.

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Here is a list of Cashfree payment gateway pricing and charges-

  • Transaction fees of 1.90% for Visa, MasterCard, Maestro, ICICI, AmazonPay, Airtel Money, Jio Money, Phonepe, 70+ Net Banking
  • Transaction fees of 0% for UPI and RuPay.
  • Transaction fees of 1.5% for Debit Card EMI – HDFC
  • Transaction fees of 2.5% + TDR for Credit Card EMI – HDFC, Kotak, ICICI, SBI, Bank of Baroda, Standard Chartered, Axis, and others.
  • Transaction fees of 1.9% for Cardless EMI- ICICI bank, Kotak bank, IDFC First bank, HDFC, Federal bank, Zest Money, and KreditBee.
  • Transaction fees of 2.2% for the Pay later option – lazy pay, OlaMoney postpaid, ePayLater, HDFC, Kotak, Simpl, Freecharge PayLater, Zest Money pay later.
  • Transaction fees of 3.5% + Rs.7 for International Cards- Visa, Mastercard.
  • Transaction fees of 2.95% for Diners Club and American Express.
  • Let us compare the pricing of Top payment gateways in India.

    Payment Gateways Cashfree Razorpay Paytm PayU InstaMojo
    (Free Version)
    PayPal
    Annual
    Maintenance
    Charge
    Zero Zero Zero Zero Zero
    Debit Cards 1.9% 2% 0.90% 2% 5% + Rs. 3 Zero
    Credit Cards 1.9% 2% 1.99% 2% 5% + Rs.3
    International
    Credit Cards
    3.5% + Rs. 7 3% 2.99% 3% Available
    on
    Request
    4.4% +
    USD 0.30 +
    Fixed Fee
    American
    Express and
    Diners Club
    2.95% 3% 2.99% 3% Available
    on
    Request
    4.4% +
    USD 0.30 +
    Fixed Fee
    Pay later 2.2% 2%

    Cashfree payment gateway offers customized pricing for customers with high volumes or microtransactions. Please contact their sales department for more information on customized pricing and if it is right for you.

    Cashfree payment gateway integration options

    Online payment gateway aims to help eCommerce companies smoothly accept digital payments from their customers.

    Payment gateways should strive to provide easy integration so businesses can quickly and easily set up their payment system. Integration should be user-friendly and include extensive documentation and support to integrate with popular eCommerce platforms like WooCommerce, Shopify, Magento, WordPress, and more.

    In addition, the payment gateway system should not botch up the website’s UX with a slow payment process.

    Cashfree payment gateway offers easy and seamless multiple integration APIs for website integration, mobile SDK integration, and predefined plugins for some major eCommerce platforms like Shopify, Magento, WooCommerce, Opencart, WHMCS, and PrestaShop.

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    FAQs

    • Does Cashfree accept international payments?
      Yes, the Cashfree payment gateway accepts International payments using credit cards, debit cards, and other options with transactional fees of 3.5% + Rs.7 per transaction.
    • How does Cashfree process settlements?
      The Cashfree payment gateway has a standard settlement period of T+2 days, where T is the date of the transaction. But it also offers various settlement options like Instant settlement, same-day settlement, and On-demand instant settlement.
    • How much does Cashfree cost?
      Cashfree payment gateway transaction charge depends upon the payment mode of your customer. Check out the pricing page for more information.
    • Is a Cashfree payment gateway free?
      The Cashfree payment gateway is a free payment gateway that has zero maintenance and setup charges. But it also provides premium support services at an Annual Maintenance Cost of Rs. 4,999 per year.
    • How does cashfree payout work?
      Cashfree payment gateway works seamlessly and efficiently to process merchant’s payments. Here are the steps involved-
      1. The customer enters the card details on the merchant’s site. Payment details are encrypted and tokenized by the payment gateway.
      2. The payment gateway forwards the information to the Acquiring bank, and the acquiring bank forwards the information to the card networks.
      3. The issuing bank authorizes the payment, checks fund availability, and responds positively to the card network (by checking the fund availability).
      4. The card company sends the message to the Acquiring bank and forwards the payment status to the merchant.
      5. As soon as the payment has been approved, the Acquiring bank requests funds from the Issuing bank. Upon receiving the funds, the payment aggregator settles them with the merchant.
    • How to contact cashfree customer care?
      Cashfree payment gateway offers different ways to contact customer care to get help. It allows merchants to contact them from the dashboard, use a real-time live chat option, create a support ticket, and send it by email. If you have premium support, you also get a dedicated relations manager to solve the queries.
    • What documents do I need to submit to get a payment gateway?
      There are different documents needed depending upon the nature of your firm. For example, if you have proprietorship firm documents required are-
      1. Business Address Proof
      2. Cheque or Bank Account Statement
      3. Business registration Proof
      4. The Income Tax Return File
      5. IRDA License
      6. Permission from Local Government Authority
      7. Business PAN
      8. Business Owner PAN.

    To check full details, visit here.

    • 1678559969 306 Cashfree payment gateway pricing charges features and faqs

      Posts are written by the top management Team of Devathon – Modern & Affordable Software development for startups



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5 Hidden Features of WordPress.com – WordPress.com News

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5 Hidden Features of WordPress.com – WordPress.com News

Whether you’re a blogger, a developer, or fall somewhere between, you’re likely to discover something new and useful in this video.

Isn’t it amazing how you can learn new things about someone, even after years of knowing them? That’s how Jamie Marsland has felt in the last few weeks while diving deeper into WordPress.com’s capabilities. In today’s Build and Beyond video, he shares five incredible features built right into the platform that aren’t as well known as they should be. Whether you’re a blogger, a developer, or fall somewhere between, you’re likely to discover something new and useful. 

Ready to build on WordPress.com? Start a free trial today:


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New WordPress.com Themes for March 2024 – WordPress.com News

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New WordPress.com Themes for March 2024 – WordPress.com News

Five of our favorite new themes.

The WordPress.com team is always working on new design ideas to bring your website to life. Check out the latest themes in our library, including great options for small businesses, sports fan, nostalgic bloggers, and more.


Feelin’ Good is a vibrant (to say the least!) blog theme with a bold vaporwave aesthetic. Its nostalgic atmosphere pays homage to the daring, over-the-top visual art and advertisements of the ’80s and early ’90s. We’ve combined a lot of elements that shouldn’t work together, but do. If you’re looking for a dynamic, attention-grabbing, eye-popping visual feast of a theme, try Feelin’ Good.

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Click here to view a demo of this theme.


1711610762 938 New WordPresscom Themes for March 2024 – WordPresscom News

Low Fi is a simple blog theme featuring a narrow column layout that’s optimized for seamless browsing on mobile devices. With six style variations, you’re sure to find a palette you’re drawn to. Taking inspiration from the lo-fi beats music scene, the theme’s design cues, such as the square header image, offer a nod to album artwork.

The overall aesthetic is deliberately understated, with each element—from the muted color schemes to the textured background—crafted to evoke a sense of nostalgia and warmth.

Click here to view a demo of this theme.


1711610763 567 New WordPresscom Themes for March 2024 – WordPresscom News

Cakely is the ultimate WordPress theme designed specifically for passionate bakers, cake enthusiasts, and dessert lovers. Tailored for small businesses aiming to shine in the world of sweets, Cakely effortlessly combines style and functionality to showcase mouthwatering creations. Its vibrant pink color scheme exudes joy while maintaining a classy, clean layout with easy navigation. This theme ultimately strikes the perfect balance between professionalism and playfulness, making it an ideal choice for showcasing your delicious masterpieces.

Click here to view a demo of this theme.


New WordPresscom Themes for March 2024 – WordPresscom News

Treehouse is a carefree, fun, and friendly theme ideal for Woo stores selling children’s products. With its unlimited customization options, Treehouse enables you to set up an online shop with just a few clicks. Utilizing a soft color palette, playful design details, and simplified layouts, your site will attract a wide range of customers, from young parents to over-the-moon grandparents. This theme is fully responsive and cross-browser compatible.

Click here to view a demo of this theme.


New WordPresscom Themes for March 2024 – WordPresscom News

Major League Baseball’s 2024 season kicks off on Thursday, March 28. What better way to show your home team the love it deserves than with a baseball-themed fan site! With a somewhat old-school layout, this theme evokes some of the classic sports sites of the ’90s, back before fantasy leagues took over. The header and accent colors are customizable, ensuring that your favorite crew is properly saluted.

Click here to view a demo of this theme.

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To install any of the above themes, click the name of the theme you like, which brings you right to the installation page. Then click the “Activate this design” button. You can also click “Open live demo,” which brings up a clickable, scrollable version of the theme for you to preview.

Premium themes are available to use at no extra charge for customers on the Explorer plan or above. Partner themes are third-party products that can be purchased for $79/year each.

You can explore all of our themes by navigating to the “Themes” page, which is found under “Appearance” in the left-side menu of your WordPress.com dashboard. Or you can click below:


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How to Get Started: Investigating Payment Gateways Online

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How to Get Started: Investigating Payment Gateways Online

When investigating a website, app, or online shop, one of the key questions you may need to answer is ‘How are they making money?’ 

Investigating the financial transactions of an organisation can reveal details about its connections and funding. Furthermore, if the website or app is engaged in illicit transactions, tracing the payment gateway can help achieve accountability by identifying what sites they are using to earn money.   Bellingcat has looked into the payment processors in previous investigations on far-right merchandise, Britain’s far-right influencers, and non-consensual deepfake pornography.

Credit: Nicolas Guyonnet / Hans Lucas via Reuters Connect

Payment gateways are a technology that takes a customer’s payment information, checks it with their financial institution, verifies that the transaction is legitimate, and then completes the transaction. As explained by Forbes, online stores need a payment gateway to be able to facilitate payments. Companies including PayPal, Stripe, and Square are commonly used as a payment gateway for online purchases.

Most mainstream payment gateways (like Stripe and PayPal) prohibit their services from being used in illegal transactions including the sale of illegal drugs, the promotion of hate or racial intolerance, and non-consensual adult content. Finding evidence that someone is violating the Terms of Services of these companies – and how they are doing so- can lead to the closure of loopholes and accounts. It can also provide additional information about an organisation’s revenue streams. 

It is nearly impossible to conduct online transactions without a payment gateway. So it should be possible to find the payment gateway of an organisation earning money, even if it is not obvious at first. One resource that is extremely useful is Chrome’s built- in developer tools (other browsers also have similar tools). Below we’ll provide an overview of the tools to use and questions to ask when scrutinising payment systems. 

How are they Taking Payment?

For online transactions, you’ll typically see websites accept traditional forms of payment including credit cards, debit cards and, more recently, cryptocurrency. Since cryptocurrency is not subject to the same regulations as traditional financial systems, cryptocurrency is often used to process payments for illegal services. Since this does not need to be ‘hidden’, websites will usually disclose which currency they accept and how to transfer funds into a crypto wallet. There are other ways you can track funding through cryptocurrency, as discussed in this guide.

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If none of the above apply?  Other sites that use a payment gateway will accept money directly via credit card payment,  bank transfer, or through peer-to-peer payment apps (i.e., PayPal, Cash App, Zelle). If this is the case, you should be able to identify the payment gateway being used. In the case of the peer-to-peer apps, these services may be used by businesses and not just individuals’ transactions. They also require a bank account or credit card to use them. It is helpful to view transaction options on both the mobile app and web browser, in case the options differ.  It is also worth checking the currency that payments are being taken in – if it is a US website taking payment in a foreign currency, that can also provide clues. Further, if a website is using different payment gateways depending on the currency, this can lead to additional leads in your investigation. Payment options may also change depending on what IP address you are using. In other words, setting your IP address in the UK and then changing it to the US may result in different payment gateway options.

Where are they Soliciting for Payment?

Organisations may solicit for payment via a website or a messaging app like Telegram. It is important to investigate all avenues where  payment is being requested as each method may provide different clues for your investigation. For example, for some of the AI deep fake services we investigated here we found that companies would accept different payment methods depending on how you tried to pay – via their website, via a web browser or via Telegram. Sellers may want to direct their users away from their website to more private forums such as Telegram to facilitate transactions and avoid detection.

Is the Organisation Trying to Hide How Payment is Taken?

For some sellers, using a mainstream payment gateway may  violate the terms of service of that company. To be able to use their services, these sellers may  try to hide the nature of their goods from the payment gateway company. 

A Walk Through Example

Some sites may not show their payment options without signing up first. 

This was the case with the Nudify.VIP site which offers non-consensual AI Deep Fake pornography.  

Initially, the website states that their services are free. 

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“With our service you can undress any person in a photo absolutely FREE!” 

However, this is misdirection, as you are then prompted to log in or sign up. Only once you create an account do you discover that you need to pay to access the service and how much it costs.

After creating an account, we were presented with two options to pay, by card or crypto. 

You are then presented with an option to pay via crypto or via credit card, but it does not yet say what cards they accept or what payment gateway they use. 

Clicking through to ‘Go To Payment’ gives us a new screen that lets the user pay via credit card (ie MasterCard, Visa), a US Bank account (ie Wells Fargo, USAA), or through Cash App. 

There is no indication of the payment gateway they are using, but if we look at the URL on the checkout page, we can see that it no longer says that we are on a Nudify.VIP domain. This is a clue that users are being directed to the checkout page through another website. This method is used to hide the true source of purchases from payment gateway providers. There’s another clue  that the domain has changed- in the fine print at the bottom of the checkout page. Via the Checkout Page using either Cash App or credit card options, it discloses:

“By providing your card information, you allow aiphotos.art to charge your card for future payments in accordance with their terms.”

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This is another clue that the payment gateway does not know this belongs to an AI Deep fake service Nudify.VIP.

Three checkout options for Nudify.VIP: credit card, US bank account, and Cash App.

Use Browser Developer Tools to Investigate Further

All modern browsers have some form of built-in developer tools. You can search online for your specific browser (e.g. Firefox, Chrome, Safari). If you are in Chrome, you can right-click anywhere on the screen to get a menu and an option to ‘Inspect.’ You can also use keyboard shortcuts which can vary between MacOS or Windows. For Windows, you can click CTRL + SHIFT + I and on MacOS you can click Option + Command + I on your keyboard. Any of these actions will open the developer tools which allows you to  view the code of a webpage (such as HTML, CSS, and Javascript). This should appear on the right-hand side of your screen. While developer tools are designed to check for bugs or errors in a website, you can use them in your investigation.

There should be a list of tabbed options for you to view on the top menu bar. Clicking on ‘Sources’ shows you all the resources that the website is using. 

This is a good place to start to look for any clues about what piece of code is being used in the checkout process.  In the example below, one of the listed sources on the page is titled ‘js.stripe.com.’



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