What Are Cashfree Payments Fees in India in 2026?

Cashfree Payments fees for Indian users, as published on Cashfree Payments's own pricing pages and checked on 30 Sept 2026.

Cashfree Payments charges through a receiving fee, an FX markup on conversion and, in some cases, payout or fixed fees.

• Transaction fee: Global Collections: current price on request (a 1 August 2023 Cashfree blog gave 1% to 1.5% by volume for local rails); international cards 2.99% (Visa, Mastercard) or 2.95% (American Express) plus GST, as of 10 August 2026
• FX markup: Global Collections product page states 'No forex markup' (reference rate not named); for international cards Cashfree applies a foreign exchange conversion charge it does not publish
• Withdrawal fee: Cashfree converts foreign currency receipts to INR and settles them to the merchant's verified Indian bank account. The Global Collections product page says payments must be settled in INR to the exporter's bank account and states 'No forex markup' and no subscription fees. International card payments settle within T+2 days according to the IPG overview; the Global Collections settlement timeline and fee are not published.
• GST: Cashfree's pricing FAQ says international card rates are charged in addition to any applicable GST, and monthly invoices show TDR plus GST as applicable; its festive offer terms state GST is charged at 18% (or the prevailing rate). A Cashfree blog on GST says payment gateways and forex providers may charge 18% GST on their service fees, not on the payment received. No page states GST treatment of a Global Collections fee specifically.

Calculation basis: Not modelled. Cashfree does not publish a current fee for Global Collections, its product for receiving USD and other foreign-currency bank transfers: the charges page shows 'Request Price'. The only first-party figure is a blog post dated 1 August 2023 saying local-rail receipts in USD, CAD, EUR, AUD and GBP cost 1% to 1.5% based on volume, which is a historical range, not a current rate. The Global Collections product page says 'No forex markup' but does not name the reference rate, and no page states GST treatment of a Global Collections fee. For international cards, the pricing FAQ (rates accurate as of 10 August 2026) gives 2.99% for Visa and Mastercard plus GST but says a separate foreign exchange conversion charge applies without publishing it, so neither route has a complete published fee model.

Cashfree Payments's fee depends on how your client pays. Methods not listed are not supported or not published for Indian users.

Published FX markup: Global Collections product page states 'No forex markup' (reference rate not named); for international cards Cashfree applies a foreign exchange conversion charge it does not publish. The markup is the difference between the mid-market rate and the rate Cashfree Payments applies when converting to INR.

Cashfree's pricing FAQ says international card rates are charged in addition to any applicable GST, and monthly invoices show TDR plus GST as applicable; its festive offer terms state GST is charged at 18% (or the prevailing rate). A Cashfree blog on GST says payment gateways and forex providers may charge 18% GST on their service fees, not on the payment received. No page states GST treatment of a Global Collections fee specifically.

The table shows each charge line by line at the XE mid-market rate for 4 Nov 2026.

• Setup fee: None, as stated in the IPG docs and the pricing FAQ
• Foreign exchange conversion charge: Applied on transactions settled in a currency other than INR, per the pricing FAQ; rate not published
• On-demand settlement: A small fee, amount not published
• e-FIRS: Free (Global Collections product page: 'at no additional cost')
• Subscription fee (Global Collections): None, per the product page

• Payment method: Ask clients to pay by local bank transfer to your account details, which usually costs less than cards, wallets or Swift wires.
• Invoice size: Where a platform charges a flat fee per payment, fewer and larger invoices lower the cost as a share of revenue.
• Conversion: Compare the rate offered with the mid-market rate on the day, because the FX markup is often the larger cost.
• GST: Keep the platform's tax invoices, since GST paid on fees may be claimable as input tax credit if you are GST registered.

Platforms are ranked by the INR received on a $5,000 invoice, with Cashfree Payments included.

Fees were checked on Cashfree Payments's own pages on 30 Sept 2026. INR figures use the XE mid-market rate for 4 Nov 2026. The formula is on the methodology page.

1. Cashfree Docs: Global Collections overview (checked 6 Oct 2026)
2. Cashfree Docs: Collection Accounts (checked 6 Oct 2026)
3. Cashfree Docs: Global Collections FAQs, invoice value up to USD 10,000; AD-1 partner issues eFIRS on T+1 (checked 7 Oct 2026)
4. Cashfree Docs: International Payment Gateway overview, T+2 settlement; no setup fees (checked 6 Oct 2026)
5. Cashfree Docs: Pay in Native Currency (checked 6 Oct 2026)
6. Cashfree Docs: Supported currencies (checked 6 Oct 2026)
7. Cashfree Docs: PayPal for International Payments (checked 6 Oct 2026)
8. Cashfree Help: Pricing FAQs, Accurate as of 10 August 2026: international cards Visa and Mastercard 2.99%, American Express 2.95%, in addition to any applicable GST; foreign exchange conversion charge on non-INR settlement (checked 7 Oct 2026)
9. Cashfree Help: Account Activation (checked 6 Oct 2026)
10. Cashfree Help: Settlements (checked 6 Oct 2026)
11. RBI: Certificates of Authorisation under the PSS Act, 2007, Payment Aggregators, entry 10: Cashfree Payments India Private Limited, PA-CB- I & O (checked 6 Oct 2026)
12. Cashfree: Payment gateway charges, International Cards platform fee; Global Collections 'Request Price'; cross border payments only for businesses; GST at 18% (festive offer terms) (checked 6 Oct 2026)
13. Cashfree Global Collections (international wire transfer), No subscription fees; No forex markup; e-FIRA within 1 day, auto-generated at no additional cost; invoice value up to USD 10,000; "no funds are allowed to be retained in such accounts"; credited "immediately on receipt of the confirmation from the importer and, in no case, later than seven days from the date of credit to the NOSTRO collection account" (checked 7 Oct 2026)
14. Cashfree blog: How to receive international business payments in India (1 August 2023), keeps the transaction costs within the range of 1% to 1.5% based on the volume of transactions (USD, CAD, EUR, AUD, GBP local rails) (checked 7 Oct 2026)
15. Cashfree blog: GST on international transactions (5 August 2026), payment gateways, and forex providers may charge 18% GST on their service fees (checked 7 Oct 2026)