Transcript

No via forms nor Swift Face. No international transfer anxiety. Exporters, you asked and we heard. Why is accepting payments from overseas so hard? Well, here's everything you've been wanting to know about international payment. Yes, of course, and the trick is to not let your clients feel that they are paying internationally. What does that mean? With Razorpay International Payments, we give your clients an account which they can transfer money into in their own currency. So a US client gets a USD account, a UK one gets a GBP 1 and so on. So for your clients it feels like they are paying a local vendor. No wire forms, no swift fees. Nor international transfer anxiety. They pay faster and you look easier to work with. Well, the delay has a very simple reason. Traditional cross-border payments pass through two or three banks before reaching India. Imagine a Courier from New York to Udaipur that first has to go through Dubai and Delhi. Every stop ends up adding something. We fix that by routing payments through local clearing systems in the US, UK and Europe. So your money ends up taking a domestic shortcut and lands in your account in one day, not 5 or 6 days. That's a very common confusion O with every international payment you end up losing money at a couple of places. Firstly the forex markup, secondly intermediary bank fees, thirdly FIRC fee, EBRC fee and so on. With Razorpay Money Saver export account you get charged a flat transparent fee with 0 forex markup so you know exactly how much you will receive.