Stripe and PayPal-Backed Fintech, Xflow, Now Enables Global Businesses to Collect Payments from India
Global businesses can now collect payments from Indian customers with 95%+ success rates, thanks to Xflow, a fintech company backed by Stripe, PayPal Ventures, and General Catalyst.
The platform uses UPI, bank transfers and cards to facilitate transactions, eliminating the need for businesses to set up an entity in India. This development is expected to boost cross-border commerce between the US and India.
With Xflow, businesses can collect payments in a seamless and efficient manner, without the need for complex paperwork or regulatory hurdles. The platform’s success rates are significantly higher than traditional payment methods, making it an attractive option for global traders and merchants.
Also filed on dancehall.news.