{"id":1476,"date":"2020-06-04T16:28:20","date_gmt":"2020-06-04T10:58:20","guid":{"rendered":"https:\/\/rzpwp.blog\/?p=1476"},"modified":"2025-11-30T19:43:52","modified_gmt":"2025-11-30T14:13:52","slug":"accept-international-payments-razorpay","status":"publish","type":"post","link":"https:\/\/razorpay.com\/blog\/accept-international-payments-razorpay\/","title":{"rendered":"Accepting International Payments Gets Easier with Razorpay"},"content":{"rendered":"

Global aspiration for Indian businesses used to be reserved for large enterprises. Between 2000 and 2010, the businesses that grew a reputation of expanding beyond the Indian borders were likely owned by industrial giants such as Reliance Industries, Tata Group or software powerhouses like Wipro and Infosys. Building this reputation either required an endless war chest, or a discipline to pull out all the stops, and sometimes both.<\/span>
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But now, a decade later, a number of Indian companies are heading for international shores. While expanding into international markets comes with its own hurdles, it also helps drive more revenue and creates a competitive edge that can become a key differentiator in the market. In some cases, it is possible without additional investment. <\/span><\/p>\n

Thanks to newer payments innovations it is easy to expand to new markets quickly. Customers are more likely to buy from your site repeatedly when you allow them to pay in their local currencies. In order to generate more revenue internationally, it\u2019s crucial to partner with a Payment Service Provider<\/a> that can extend proper multi-currency support.<\/span>
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What is multi-currency support?<\/h2>\n

Multi-currency support means that your customers can pay for your product or service using their local currency. Typically, buyers in most countries are forced to make purchases from Indian businesses in INR during international transactions, which can make the whole experience feel forced and reduce the buyer’s trust in the transaction and seller. This can also lead to abandoned carts and lost sales.<\/span>
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\n<\/span>Listing prices in the local currency and allowing users to pay in the currency of their country can make your customers feel at home while completing purchases.<\/span><\/p>\n

<\/b>With Razorpay\u2019s International Payment gateway<\/a> feature, we have introduced multi-currency support for up to 100 currencies including the popular United States Dollar, Great Britain Pounds, Singapore Dollars, Euro and UAE Dirham. <\/span><\/i>See the full list of supported currencies<\/a> here.<\/span><\/i>
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\n<\/span>You can now list and accept payments in the local currency of your customers based on their location and preferences. <\/span><\/p>\n

Multi-currency support and reduced chargebacks
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Accepting payments in the local currency is not only convenient for customers but can also reduce the risk of chargebacks<\/a>. <\/span>
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\n<\/span>Transactions processed in local currency do not incur additional currency conversion charges in their bank statements. Unknown charges in the bank statement due to changed currencies can often lead to a poor buying experience. It is highly likely that customers will request a refund or a chargeback due to dissatisfaction with the added fees and may abandon the purchase altogether. This is something that you obviously don\u2019t want. Which is where Razorpay comes into the picture. You can increase customer satisfaction and reduce cart abandonments by integrating with international payments on Razorpay.<\/span>
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Accept international payments with Razorpay<\/h2>\n

Accepting payments from customers abroad is made convenient and simple with Razorpay–that too for businesses from varied industries and sectors like travel, SaaS, education, retail, healthcare, etc. <\/span><\/p>\n

International payment acceptance comes auto-enabled for eligible businesses. Other businesses can request international payment acceptance through a simple application form on their Razorpay dashboard<\/a>.<\/span><\/p>\n

Here\u2019s how international payments on Razorpay boosts your growth<\/h3>\n