p/cashfree
Cashfree is a payments and banking technology company.
Sharon Pope

Cashgram by Cashfree โ€” Simplest way to transfer money to your users ๐Ÿ’ธ

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Cashgram is a weblink businesses can send users to collect account details and make a payment.

Send a Cashgram link to user. User enters bank account or PayTM. Receives money instantly.

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Akash Sinha
Hi PH ๐Ÿ‘‹๐Ÿป, I'm Akash, the Co-Founder of Cashfree. Cashfree is a Y Combinator backed bulk payout and payment gateway solution for businesses. Cashgram is our latest release -- a weblink businesses can send users to collect account details and make a payment. Unlike collecting money from users, sending money to users for cash-on-delivery order refunds, rewards, reimbursements etc has always been a slow, ops heavy process often prone to errors. It has demanded coordination between product, customer support and finance team to ensure timely disbursal. Businesses have to ask for a customer's bank account details, card number over email, chat or phone which also makes many customers uncomfortable ๐Ÿ˜‘ Cashgram has been built to make that process smooth, user-friendly and accurate. It reduces the ops cost for businesses to ZERO and lets customers receive money without having to share their account details with a business ๐Ÿ˜Ž How It Works: Business sends a Cashgram link to the user. User enters their account details (UPI, bank account or PayTM). Payout is received in their preferred account, instantly. Features :- a) On-the-fly validation of customer provided details. Throws error in real-time if they provide incorrect bank account number or UPI VPA. b) Cashgrams are secured via OTP authentication ๐Ÿ— c) Instant transfers ๐Ÿ™Œ d) Supports 4 popular modes to withdraw: Bank account number, UPI ID, PayTM and Debit cards (issued in India). e) Auto-expiry of Cashgram, if not redeemed by the prescribed time frame โŒ›๏ธ f) Works fabulously on mobile devices. Desktops are supported too. g) API support available ๐Ÿค– Use cases :- a) COD Refunds/Returns at E-commerce stores b) Rewards disbursal on Fantasy Sports/Online Gaming apps c) Payouts to marketing affiliates d) Gifting (alternative to gift cards) e) Disbursals on P2P lending platform f) Expense reimbursements Happy to answer your questions! PS: To try a Cashgram, drop a message below, and we'll Cashgram you some cash ๐Ÿ’ธ
Shreyaa Ratra
@sha26 Hi Akash, Your target audience is E-Commerce and SaaS companies. If you need help in identifying all the e-commerce and SaaS companies in India and reach out to decision maker, we can help you out. Check our product : www.easyleadz.com
Akash Sinha
@ankit_sexna Great! Thanks :)
Akash Sinha
@shreyaa_ratra Your product looks great. Will surely reach out!
Ranjit Ghoshal
@sha26 this changes everything (especially for rewards in the non-profit sector) reaching out big time! And such an amazing product. My hats off to you and your team โ˜บ๏ธ
Akash Sinha
@ranjit_ghoshal Thanks! Do spread out the word :)
Shashwat Gautam
I read the email about the launch of Cashgram in the warehouse email group lately. The design looks amazing! ๐Ÿ’ฏ
Reeju Datta
@shashwatgautam Thanks! Credits to @nithil_thomas
Raj Nandan Sharma
Revolutionary product.
Nivas Ravichandran
Just curious. It would work only in India right?
Akash Sinha
@nivasravi Currently, Yes. Underlying stacks that we use right now are specific to Indian users. We are working with global payment network to facilitate this worldwide. Try to roll them out soon.
Anand Soni
How you guys are different from Instamojo? Instamojo also works on same principles.
Akash Sinha
@anandsoniindia Cashgram is the first tool that let businesses send money to users without asking for any personal details. You might have confused it with payment links to accept payments from customers. Cashgram does the opposite. Do head over the description section. We have shared lots of use cases of it. Cheers!
Igityan Hayarpy
Why do I need to choose yours?
Akash Sinha
@igityan_hayarpy Cashgram is the first product to help businesses simplify the process of sending money to users. If you have to reward your users, pay your affiliates, incentivise your customers etc then Cashgram is the perfect fit for that.
Sahil Aggarwal
This looks great guys. I know plenty of companies who have had to wait ages and followup for refunds. Game changer!
Akash Sinha
@sahil_aggarwal Correct. We felt the pain too and built this. Thanks for feedback though!
Mike Shoss
Looks super clean and fills a hole in the market place, great job team!
Akash Sinha
@mikeshoss Great! Thanks :)
Bosky
Simple solution. Good use cases. All the best!
Reeju Datta
@bhaskerkode Look forward to having you try Cashgram. Congrats on the raise :)
Refund Amount Bank
Paytm customer care number..07866,(918988...
Shakks
best of luck. make sure to stand out. Alot of Fintech in the same space. UI looks good :-)
Akash Sinha
@shakks Great! Thanks for the feedback :)
Delbin Thomas
It looks interesting to me, can i have a preview or demo?
Akash Sinha
@delbin_thomas Please DM me your email/phone. We will send you a Cashgram link right away.
Babken Karapetyan
I like innovative implementation of this tool
Jacob Roscoe
We've been searching for an API that can help us with staff disbursements. Looking forward to getting access.
Akash Sinha
@jacob_roscoe Cool. Please DM me your email/phone. We will get in touch.
akhilkc
Great product
Akash Sinha
@akhilkc Thanks!
Vishal Nema
Congrats Akash, Reeju & team Cashfree, good to see you're trending on PH. Was intrigued to know how this will work. It will be great if you can add a pseudo transactional demo or a video on your website.
Akash Sinha
@vishal_nema We can give you a live link to test it out. Please DM me your email/phone. Will send a Cashgram via SMS.
Igo Akulov
Hey @sha26, how soon do you intend to support payments globally. Any further plans on the API you're willing to share? Thanks. โœŒ
Akash Sinha
@igoruphere Supporting global merchants is part of our plan. We are just not ready for it yet. APIs are hosted here - https://docs.cashfree.com/docs/p...
Vinod S
Hello there, Does it work for international users?
KHUSHI RAM
mobiles
Eco Enterprise
@sha26 Great product! and reasonable price for India market. We are trying to find a way to integrate this with our offers to India based customers. but the response on payout relevant pricing is slow (!!), not sure why. for a payment app, isn't it logical to have high speed emails? Is it a typical Indian bank or a real app? We tried here, we tried the chatbot, got support emails. All we get is lets have a call :-| we are starting up from west coast Los Angeles area to integrate apps for Asia, but the Indian support team wants to have a call? for what reason should i share my phone number? just send us pricing per transaction for payouts and we will evaluate. Cheers from Los Angeles :-)