Cashfree launches pilot for cross-border payments

Cashfree Payments has partnered with Indian companies like Swiggy and Nykaa to enable international customers to make payments in India. This pilot program caters to users of RuPay cards and UPI, which are not typically recognized for global transactions. Cashfree's cross-border payments license allows them to facilitate seamless transactions for both import and export businesses, as well as individual users.