Xflow Co-founders: Anand Balaji and Ashwin Bhatnagar
Bengaluru, Karnataka, India: Xflow, a cross-border payments platform, today announced the launch of card payment acceptance for Indian businesses collecting international payments. With this launch, businesses can accept card payments from global customers directly through Xflow, with transactions settled as compliant INR payouts through Xflow’s existing infrastructure.
Cards remain the dominant payment method for businesses and consumers in many of Xflow’s key markets, particularly the United States. Until now, Indian businesses looking to accept card payments from global customers faced a fragmented landscape: poor cross-border card success rates, opaque foreign exchange fees embedded in payment processing costs, and reconciliation workflows spread across multiple vendors. Xflow’s card acceptance capability is designed to eliminate each of these friction points.
“Cards are how global customers, especially in the US, want to pay, and that preference is only growing. 48% of all suppliers globally expect buyer demand for card payments to rise significantly over the next five years. Until now, Indian businesses had to choose between fragmented setups, poor success rates, and high operational overhead. Xflow card payments are built to close that gap: local processing performance, transparent pricing, and settlement through the same compliant infrastructure our customers already trust,” Ashwin Bhatnagar, Co-founder, Xflow.
Eligible businesses can add cards as a payment option directly on invoices sent to global customers. Xflow is observing card payment success rates of over 90%, compared to an industry standard of approximately 60% for cross-border card transactions processed by Indian businesses. Cross-border money movement is handled through Xflow’s RBI-authorised PA-CB infrastructure, on which the platform processes millions of dollars every month.
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