Cashfree Payments vs TransFi (2026): Which Is Better for Receiving International Payments in India?
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Short answer
Neither Cashfree Payments nor TransFi publishes enough pricing to estimate the cost of a USD 5,000 receipt, so there is no cost verdict. The better choice depends on how your client pays: Cashfree Payments is best for registered businesses paid by local transfer, and TransFi is best for payment links shared in chat, including stablecoins.1234
| Use case | Better option | Why |
|---|---|---|
| Bank transfer of USD 5,000 | Cannot compare | Neither publishes full pricing for this case. |
| Bank transfer of USD 2,000 | Cannot compare | Neither publishes full pricing for this case. |
| Client paying USD 2,000 by card or link | Cannot compare | Neither publishes full pricing for this case. |
| Cashfree Payments is best for | Cashfree Payments | Registered businesses paid by local transfer.12 |
| TransFi is best for | TransFi | Payment links shared in chat, including stablecoins.34 |
1,000 USD = ₹94,243 at the reference rate for 13 November 2026 (European Central Bank data).
Estimated rupees received, on published fees
Sorted by estimated rupees received, highest first. Only providers that publish both their fee and their conversion markup for this currency and method can be estimated.
| # | Provider and route | Best for | Fee (+GST) | Markup | You receive | Cost |
|---|---|---|---|---|---|---|
| 1 | Karbon BusinessLowest estimated costBank transfer to a Karbon virtual USD account | US bank transfers and marketplace payouts | ₹942plus GST, rate not stated | 0% | ₹93,131 to ₹93,301 | 1.00 to 1.18% |
| 2 | RazorpayMoneySaver Export Account: bank transfer to virtual account details (Standard plan) | Local transfers from the US, UK and eurozone | ₹1,000plus GST, rate not stated | 0% | ₹93,063 to ₹93,243 | 1.06 to 1.25% |
| 3 | WinvestaGlobal Collections Account, standard plan (up to 2,000 a month per currency) | Local transfers with a published per-payment fee | ₹1,435 | 0% | ₹92,809 | 1.52% |
| 4 | SkydoPayment link (InstaLinks) paid by ACH debit | Local bank transfers from major markets | ₹1,885plus GST, rate not stated | 0% | ₹92,019 to ₹92,358 | 2.00 to 2.36% |
| 5 | PayoneerLocal bank transfer to Payoneer receiving account details | Marketplace payouts such as Amazon or Upwork | ₹0no GST stated | 1 to 4% | ₹90,473 to ₹93,301 | 1.00 to 4.00% |
| 6 | PayPalInternational commercial transaction received into a PayPal account (PayPal checkout or invoice) | Clients paying by card or PayPal balance | ₹4,175no GST stated | 3 to 4% | ₹86,465 to ₹87,366 | 7.30 to 8.25% |
Not estimated because pricing is not fully published: Cashfree Payments, Dodo Payments, PingPong, Stripe, Tazapay, TransFi, Wise.
Where a provider says GST applies to its fee but not at what rate, the range runs from no GST to 18%, the rate Skydo, Stripe and Winvesta state on their pages. Estimates use each provider's published fee, conversion markup, GST on fees and FIRA charge, checked 2026-10-28, against the reference rate. They exclude charges taken by intermediary banks and your own bank, and the rate a provider actually applies at the time of conversion. Check the provider's pricing page before you choose. The order is calculated only from these published numbers; no provider can pay to change its position, and there are no affiliate links.
How do Cashfree Payments and TransFi compare at a glance?
Cashfree Payments and TransFi compare on the twelve points below, using each provider's published information as checked on 28 October 2026. Where a provider does not publish something, the table says so.569316
| Cashfree Payments | TransFi | |
|---|---|---|
| Best for | Registered businesses paid by local transfer12 | Payment links shared in chat, including stablecoins34 |
| Fees | Global Collections: Not published. The pricing page shows 'Request Price' and describes a 'Low, processing fee; no hidden charges'. Cashfree says there is no setup cost.56 | Not published as a schedule. TransFi says fees vary by payment method, origin country and transaction size and are shown before you confirm; the BizPay page says fees start from as low as 0.15% without saying what that covers. |
| FX markup | Cashfree says Global Collections has no forex markup and that it handles conversion to INR in real time. The exchange rate used and any spread are not published.761 | TransFi says pricing on its USA to India route is benchmarked to the mid-market rate and that the rate is shown before you accept. No markup percentage is published.89 |
| Settlement | Global Collections: Not published for the exporter. Cashfree says funds are swept to a NOSTRO account and repatriated to India no later than seven days after credit. International card gateway: T+2 per Cashfree's documentation.610 | TransFi says collections on the USA to India route settle within minutes to a few hours where instant rails are available; its help centre says BizPay transfers are processed as per the bank settlement cycle.811 |
| FIRA | Cashfree's Global Collections page says an e-FIRA is generated at no extra cost within 1 day. Its documentation says its AD-1 partner bank issues an eFIRS on a T+1 basis, obtained by request through the support form or account manager. For the card gateway, Cashfree mentions monthly FIRC reports and instant FIRS.671210 | Not published. TransFi's pages do not mention a FIRA or FIRC. |
| Currencies | Global Collections local account details in USD, EUR, CAD and GBP, plus SWIFT. Cashfree's documentation lists 17 supported currencies; its marketing pages say 30+ currencies from 180+ countries. The card gateway is described as accepting 140+ currencies.2710 | TransFi says BizPay collects in currencies such as USD, EUR, GBP, AUD and AED, and that it supports 40+ currencies overall.39 |
| KYC: who can sign up | Businesses only, per Cashfree. Its pricing page says it currently enables cross-border payments only for businesses, and its Global Collections documentation says you must be a registered business in India. Cashfree does not publish which legal forms (sole proprietor, partnership, LLP, company) qualify.51 | TransFi says BizPay can be used by businesses and individuals, including freelancers and sole proprietors without a registered company. It does not publish whether Indian residents are eligible.313 |
| RBI PA-CB status | Cashfree Payments India Private Limited appears on the RBI list of authorised payment system operators as a Payment Aggregator (online and physical) and as PA-CB I & O, which the RBI defines as a Payment Aggregator, Cross Border facilitating inward and outward transactions. Cashfree's own pages also say Global Collections operates under the RBI's OPGSP (Online Payment Gateway Service Provider) guideline.14712 | TransFi does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its terms list Trans-Fi India Private Limited as an affiliate but name no Indian licence, regulator or partner bank.1516 |
| Support | Support form in the merchant dashboard and an account manager; Global Collections onboarding is through Contact Sales. Enterprise customers get a dedicated account manager and WhatsApp support.1217 | TransFi publishes a help centre and a contact form. No India-specific support channel is published.17 |
| Limits | Global Collections: invoice value up to USD 10,000 per transaction, per Cashfree; no daily or monthly cap on the number of transactions. The RBI Master Direction sets ₹25 lakh per transaction for PA-CB export transactions.12618 | Not published. |
| How clients pay | Global Collections: local bank transfer to collection account details (ACH in the US, SEPA in Europe, EFT in Canada, Faster Payments in the UK) or SWIFT. International Payment Gateway: international cards (Visa, Mastercard, American Express) on a checkout, and PayPal through the merchant's own linked PayPal account.21019 | TransFi says payers can use local bank details in supported currencies, SWIFT, bank transfers, digital wallets, real-time payment systems, payment links and QR codes; BizPay requests are paid through a payment link.93 |
| Card payments | Yes, through the International Payment Gateway. Published platform fee: 2.99% for Visa and Mastercard international cards, 2.95% for American Express. PayPal is charged at PayPal's own rates; Cashfree says it adds no gateway charge for PayPal.57 | TransFi says BizPay supports 250+ payment methods including cards. No card fee is published.3 |
How much INR do you receive on $2,000, $5,000 and $10,000 with Cashfree Payments vs TransFi?
The INR you receive with Cashfree Payments and TransFi is the invoice at the reference rate, less each provider's fee, conversion markup, GST on fees and FIRA charge. The table works this out from published pricing at today's rate.
None of these providers publishes both a fee and a conversion markup for USD.
Not estimated because pricing for USD is not fully published: Cashfree Payments, TransFi.
Ranked by INR received on USD 5,000. Reference rate: European Central Bank data for 13 November 2026. Fees, conversion markup, GST on fees and FIRA charges as published by each provider, checked 28 October 2026. Ranges appear where a provider publishes a range or does not state its GST rate. Intermediary bank charges are excluded. See the methodology.
What is Cashfree Payments and who is it for?
Cashfree Payments is a Bengaluru-based payment company, authorised by the RBI as a cross-border payment aggregator for inward and outward transactions, whose Global Collections product gives Indian businesses local collection account details abroad and settles receipts in INR.1412
- Regulated by: Cashfree Payments India Private Limited appears on the RBI list of authorised payment system operators as a Payment Aggregator (online and physical) and as PA-CB I & O, which the RBI defines as a Payment Aggregator, Cross Border facilitating inward and outward transactions. Cashfree's own pages also say Global Collections operates under the RBI's OPGSP (Online Payment Gateway Service Provider) guideline.14712
- Used by: Businesses only, per Cashfree. Its pricing page says it currently enables cross-border payments only for businesses, and its Global Collections documentation says you must be a registered business in India. Cashfree does not publish which legal forms (sole proprietor, partnership, LLP, company) qualify.51
- Best for: Registered businesses paid by local transfer.12
What is TransFi and who is it for?
TransFi describes itself as a stablecoin payments company offering collections, payouts and a chat-based product called BizPay that it says businesses and individuals can use to collect and send cross-border payments.17313
- Regulated by: TransFi does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its terms list Trans-Fi India Private Limited as an affiliate but name no Indian licence, regulator or partner bank.1516
- Used by: TransFi says BizPay can be used by businesses and individuals, including freelancers and sole proprietors without a registered company. It does not publish whether Indian residents are eligible.313
- Best for: Payment links shared in chat, including stablecoins.34
How do Cashfree Payments and TransFi fees and FX markup compare?
Cashfree Payments and TransFi charge in different ways, so compare the fee and the conversion markup together, not the headline fee alone.
What does Cashfree Payments charge?
| Transaction type | Fee | FX markup | GST on fees | Best for |
|---|---|---|---|---|
| Global Collections: local account details or Global SWIFT Account | Not published65 | 0% | Not stated | Clients paying by local bank transfer |
| International Payment Gateway: Visa or Mastercard international cards | 2.99%5 | Not published | Not stated | Clients paying by card |
| International Payment Gateway: American Express | 2.95%5 | Not published | Not stated | Clients paying by card |
What does TransFi charge?
| Transaction type | Fee | FX markup | GST on fees | Best for |
|---|---|---|---|---|
| BizPay payment link or collection, settled in INR | Not published38 | 0% | Not stated | Clients paying through a payment link |
How do Cashfree Payments and TransFi compare on settlement speed?
Cashfree Payments and TransFi publish these settlement times for money reaching an Indian bank account.
| Platform | Settlement time | Payout to India | Best for |
|---|---|---|---|
| Cashfree Payments | Global Collections: Not published for the exporter. Cashfree says funds are swept to a NOSTRO account and repatriated to India no later than seven days after credit. International card gateway: T+2 per Cashfree's documentation.610 | Automatic. Receipts are converted to INR and settled to the exporter's Indian bank account; Cashfree says balances cannot be held in foreign currency or settled to a foreign currency account. No separate withdrawal fee is published.16 | Registered businesses paid by local transfer12 |
| TransFi | TransFi says collections on the USA to India route settle within minutes to a few hours where instant rails are available; its help centre says BizPay transfers are processed as per the bank settlement cycle.811 | TransFi's USA to India page lists bank transfer, wallets and instant rails, with INR as the settlement currency. No payout fee is published.8 | Payment links shared in chat, including stablecoins34 |
Do Cashfree Payments and TransFi provide FIRA and e-BRC, and are they RBI PA-CB authorised?
Cashfree Payments and TransFi publish the FIRA position and RBI status below, checked on 28 October 2026. An e-BRC is generated by the exporter on the DGFT portal from bank remittance data, so it does not depend on the provider issuing one.39
| Platform | FIRA | RBI PA-CB status | Best for |
|---|---|---|---|
| Cashfree Payments | Cashfree's Global Collections page says an e-FIRA is generated at no extra cost within 1 day. Its documentation says its AD-1 partner bank issues an eFIRS on a T+1 basis, obtained by request through the support form or account manager. For the card gateway, Cashfree mentions monthly FIRC reports and instant FIRS.671210 | Cashfree Payments India Private Limited appears on the RBI list of authorised payment system operators as a Payment Aggregator (online and physical) and as PA-CB I & O, which the RBI defines as a Payment Aggregator, Cross Border facilitating inward and outward transactions. Cashfree's own pages also say Global Collections operates under the RBI's OPGSP (Online Payment Gateway Service Provider) guideline.14712 | Registered businesses paid by local transfer12 |
| TransFi | Not published. TransFi's pages do not mention a FIRA or FIRC. | TransFi does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its terms list Trans-Fi India Private Limited as an affiliate but name no Indian licence, regulator or partner bank.1516 | Payment links shared in chat, including stablecoins34 |
Which currencies, countries and payment methods do Cashfree Payments and TransFi support?
Cashfree Payments and TransFi accept the currencies and payment methods below, as each publishes them.
| Platform | Currencies | How clients pay | Card payments | Best for |
|---|---|---|---|---|
| Cashfree Payments | Global Collections local account details in USD, EUR, CAD and GBP, plus SWIFT. Cashfree's documentation lists 17 supported currencies; its marketing pages say 30+ currencies from 180+ countries. The card gateway is described as accepting 140+ currencies.2710 | Global Collections: local bank transfer to collection account details (ACH in the US, SEPA in Europe, EFT in Canada, Faster Payments in the UK) or SWIFT. International Payment Gateway: international cards (Visa, Mastercard, American Express) on a checkout, and PayPal through the merchant's own linked PayPal account.21019 | Yes, through the International Payment Gateway. Published platform fee: 2.99% for Visa and Mastercard international cards, 2.95% for American Express. PayPal is charged at PayPal's own rates; Cashfree says it adds no gateway charge for PayPal.57 | Registered businesses paid by local transfer12 |
| TransFi | TransFi says BizPay collects in currencies such as USD, EUR, GBP, AUD and AED, and that it supports 40+ currencies overall.39 | TransFi says payers can use local bank details in supported currencies, SWIFT, bank transfers, digital wallets, real-time payment systems, payment links and QR codes; BizPay requests are paid through a payment link.93 | TransFi says BizPay supports 250+ payment methods including cards. No card fee is published.3 | Payment links shared in chat, including stablecoins34 |
What are the strengths and limitations of Cashfree Payments and TransFi?
Cashfree Payments and TransFi each suit some exporters better than others. These points come from each provider's own pages.
What are the strengths and limitations of Cashfree Payments?
Strengths:
- You bill through a registered Indian business and want overseas clients to pay by local transfer in USD, EUR, CAD or GBP, with INR settled automatically.12
- Your invoices are each up to USD 10,000.12
- You also want a card checkout for international clients, with a published platform fee.510
Limitations:
- Global Collections pricing is not published; Cashfree quotes it on request.5
- Cross-border payments are available only to businesses, so individuals without a registered business cannot use Global Collections per Cashfree.51
- Invoice value is capped at USD 10,000 per transaction for Global Collections.12
- Foreign currency balances cannot be held; all receipts settle in INR.6
What are the strengths and limitations of TransFi?
Strengths:
- Your client wants to pay through a payment link sent from a WhatsApp or Telegram chat.34
- Your client or you want to move money using stablecoins as well as fiat, which TransFi says BizPay supports.317
Limitations:
- TransFi is not on the RBI list of authorised PA-CB entities as on 16 October 2026, and its pages do not explain its regulatory set-up for Indian exporters.1516
- No fee schedule, FX markup or limits are published for receiving into India.983
- TransFi's pages do not mention a FIRA, FIRC or purpose code, which Indian exporters use for GST and bank records.83
Should you choose Cashfree Payments or TransFi?
Choose between Cashfree Payments and TransFi by how your clients pay and your usual invoice size.
Choose Cashfree Payments if:
- You bill through a registered Indian business and want overseas clients to pay by local transfer in USD, EUR, CAD or GBP, with INR settled automatically.12
- Your invoices are each up to USD 10,000.12
- You also want a card checkout for international clients, with a published platform fee.510
Choose TransFi if:
- Your client wants to pay through a payment link sent from a WhatsApp or Telegram chat.34
- Your client or you want to move money using stablecoins as well as fiat, which TransFi says BizPay supports.317
For example, say a designer invoices a US client USD 2,000. Because neither provider does not publish full pricing for that case, ask for a quote in writing and compare it with the FIRA rate after the first payment.76189
Which other platforms should you consider besides Cashfree Payments and TransFi?
Other platforms to consider besides Cashfree Payments and TransFi are the ones with the lowest estimated cost on a USD 5,000 receipt, listed in that order.2122232425262829313234363738
| Platform | Best for | Estimated cost on USD 5,000 | FIRA | Review |
|---|---|---|---|---|
| Skydo | Local bank transfers from major markets20 | 0.68%212223242526 | Skydo says it issues a free FIRA on every payment received, and that its FIRA and FIRC are accepted for GST filing and by banks.2527 | Skydo review |
| Karbon Business | US bank transfers and marketplace payouts28 | 1.00 to 1.18%2829 | Karbon says it provides a FIRA for every transaction, issued by its licensed banking partner, which it does not name. Cost not published.28 | Karbon Business review |
| Razorpay | Local transfers from the US, UK and eurozone30 | 1.00 to 1.18%3132 | Razorpay provides a Foreign Inward Remittance Statement (FIRS), sent to the contact email within 24 hours after settlement for bank transfers, and downloadable from the dashboard, which shows bank-provided certificates and Razorpay-generated statements. The pricing page lists FIRC or eFIRC as included and auto-generated for international cards. No separate charge is published.303332 | Razorpay review |
| Winvesta | Local transfers with a published per-payment fee3435 | 1.24%34363738 | Free e-FIRA, emailed within 24 hours of funds reaching the Indian bank account and downloadable from the dashboard; it shows the purpose code and exchange rate.3736 | Winvesta review |
Compare every provider on your own invoice in the platform cost comparison.
How did we verify this?
We checked this page against the sources below on 28 October 2026. Provider fees, conversion markups and RBI payment aggregator (PA-CB) status were checked on 28 October 2026. Rupee amounts use European Central Bank reference rates for 13 November 2026. Read our methodology or report an error.
- [1]Cashfree Payments Docs, Global Collections overview (checked 2026-10-28)
- [2]Cashfree Payments Docs, Global Collections: Collection Accounts (checked 2026-10-28)
- [3]TransFi, BizPay product page (checked 2026-10-28)
- [4]TransFi Help Center, How can I get started? What documents are needed? BizPay (checked 2026-10-28)
- [5]Cashfree Payments, Payment Gateway Charges (India), International Cards, Global Collections and Cross Border FAQ (checked 2026-10-28)
- [6]Cashfree Payments, Global Collections: International wire transfer for Indian businesses (checked 2026-10-28)
- [7]Cashfree Payments, Cross Border Payment solutions: Accept international payments (checked 2026-10-28)
- [8]TransFi, Receive money in India from USA (checked 2026-10-28)
- [9]TransFi, Receive money (checked 2026-10-28)
- [10]Cashfree Payments Docs, International Payment Gateway (IPG) overview (checked 2026-10-28)
- [11]TransFi Help Center, How long does it take to transfer funds? BizPay (checked 2026-10-28)
- [12]Cashfree Payments Docs, Global Collections FAQs (checked 2026-10-28)
- [13]TransFi Help Center, Do I need to be a registered business? BizPay (checked 2026-10-28)
- [14]RBI, Certificates of Authorisation issued under the Payment and Settlement Systems Act, 2007 for setting up and operating payment systems in India, Payment Aggregators table (checked 2026-10-28)
- [15]RBI: Payment system operators authorised under the PSS Act, 2007, list as on 16 October 2026 (checked 2026-10-28)
- [16]TransFi, Terms and Conditions, last updated 28 May 2026, section 6.4 and Annexure A (checked 2026-10-28)
- [17]TransFi, home page (checked 2026-10-28)
- [18]RBI, Master Direction on Regulation of Payment Aggregators, 15 September 2025
- [19]Cashfree Payments Docs, PayPal for International Payments (checked 2026-10-28)
- [20]Skydo FAQs, What countries can I get paid locally through Skydo? (checked 2026-10-28)
- [21]Skydo FAQ, How much does Skydo charge? (checked 2026-10-28)
- [22]Skydo, Home page (checked 2026-10-28)
- [23]Skydo FAQ, Who will bear the SWIFT charges? (checked 2026-10-28)
- [24]Skydo FAQ, Limitations and restrictions on receiving your foreign remittance via Skydo (checked 2026-10-28)
- [25]Skydo, Receive international payments in India as a freelancer (checked 2026-10-28)
- [26]Skydo, Terms of use (checked 2026-10-28)
- [27]Skydo FAQs, What is accepted for GST filings and banks between FIRA and FIRC? (checked 2026-10-28)
- [28]Karbon Business, Karbon for Freelancers (checked 2026-10-28)
- [29]Karbon, PayPal alternative (checked 2026-10-28)
- [30]Razorpay Docs, International Bank Transfer (MoneySaver Export Account) (checked 2026-10-28)
- [31]Razorpay, MoneySaver Export Account (international bank transfers) (checked 2026-10-28)
- [32]Razorpay, Pricing (checked 2026-10-28)
- [33]Razorpay Docs, FIRS Automated Process (checked 2026-10-28)
- [34]Winvesta FAQs, What are the charges for the global collections account? (checked 2026-10-28)
- [35]Winvesta FAQs, What currencies are available with local accounts? (checked 2026-10-28)
- [36]Winvesta, Multi-currency account (checked 2026-10-28)
- [37]Winvesta FAQ, When will I receive my e-FIRA certificate? (checked 2026-10-28)
- [38]Winvesta FAQ, Can I get priority processing for my withdrawal? (checked 2026-10-28)
- [39]DGFT: eBRC services (self-generation of e-BRC from bank inward remittance data)
- [40]GST Portal user guide: Furnishing of Letter of Undertaking (FORM GST RFD-11)
Frequently asked questions
Which is cheaper for Indian exporters, Cashfree Payments or TransFi?+
There is no cost verdict for a USD 5,000 bank transfer: neither publishes full pricing for this case.76189 The answer can change with the currency, payment method and invoice size, so check your own numbers in the platform cost comparison.
Do Cashfree Payments and TransFi give a FIRA to Indian exporters?+
Cashfree Payments: Cashfree's Global Collections page says an e-FIRA is generated at no extra cost within 1 day. Its documentation says its AD-1 partner bank issues an eFIRS on a T+1 basis, obtained by request through the support form or account manager. For the card gateway, Cashfree mentions monthly FIRC reports and instant FIRS.671210 TransFi: Not published. TransFi's pages do not mention a FIRA or FIRC.
Can individual freelancers use Cashfree Payments and TransFi?+
Cashfree Payments: Businesses only, per Cashfree. Its pricing page says it currently enables cross-border payments only for businesses, and its Global Collections documentation says you must be a registered business in India. Cashfree does not publish which legal forms (sole proprietor, partnership, LLP, company) qualify.51 TransFi: TransFi says BizPay can be used by businesses and individuals, including freelancers and sole proprietors without a registered company. It does not publish whether Indian residents are eligible.313
Are Cashfree Payments and TransFi authorised by the RBI?+
Cashfree Payments: Cashfree Payments India Private Limited appears on the RBI list of authorised payment system operators as a Payment Aggregator (online and physical) and as PA-CB I & O, which the RBI defines as a Payment Aggregator, Cross Border facilitating inward and outward transactions. Cashfree's own pages also say Global Collections operates under the RBI's OPGSP (Online Payment Gateway Service Provider) guideline.14712 TransFi: TransFi does not appear on the RBI list of authorised PA-CB entities as on 16 October 2026. Its terms list Trans-Fi India Private Limited as an affiliate but name no Indian licence, regulator or partner bank.1516
How fast do Cashfree Payments and TransFi pay out to an Indian bank?+
Cashfree Payments: Global Collections: Not published for the exporter. Cashfree says funds are swept to a NOSTRO account and repatriated to India no later than seven days after credit. International card gateway: T+2 per Cashfree's documentation.610 TransFi: TransFi says collections on the USA to India route settle within minutes to a few hours where instant rails are available; its help centre says BizPay transfers are processed as per the bank settlement cycle.811
Do I still need an LUT if I am paid through Cashfree Payments or TransFi?+
Yes, if you are registered under GST and want to invoice the export without IGST. The Letter of Undertaking is a GST filing for the financial year, and it does not depend on how the money reaches you, whether through Cashfree Payments, TransFi or a bank wire.40
This page is general information for Indian service exporters, not tax or legal advice. Rules change and outcomes depend on your facts, so confirm with a chartered accountant before acting.
Keep reading
Cashfree Payments for Indian service exporters: how it works, costs and limits
How Cashfree Payments Global Collections and its international card gateway work for Indian service exporters: RBI status, who can sign up, FIRA, limits and costs.
PlatformsTransFi for Indian service exporters: how it works, costs and limits
How TransFi works for Indian freelancers and agencies: India regulatory status, how clients pay, published fees, FIRA, purpose codes and the 2026 EDF rules.
CompareWhat Are the Best Cashfree Payments Alternatives for Indian Exporters and Freelancers in 2026?
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CompareWhat Are the Best TransFi Alternatives for Indian Exporters and Freelancers in 2026?
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