As the world becomes more interconnected, businesses and individuals alike are finding themselves engaged in transactions that cross international borders.

From freelancers working with clients across the globe to e-commerce companies selling products to customers worldwide, the need for efficient and reliable cross-border payment solutions is growing rapidly.

If you're based in India and looking for ways to send and receive money across borders, you're in luck! In this article, we'll explore a comprehensive list of cross-border payment providers in India that can help streamline your global transactions.


In a world where geographical boundaries are becoming less of a barrier, the need for cross-border payment solutions has never been more pronounced. These solutions enable individuals and businesses to send, receive, and manage funds across different countries efficiently and securely.

Traditional banking methods often come with high fees and extended processing times, making them less than ideal for international transactions. This is where cross-border payment providers step in, offering innovative and user-friendly solutions that cater to the demands of our globalized economy.

Why Cross-Border Payments Matter

Cross-border payments are the lifeblood of international trade, online businesses, and freelancers who collaborate with clients from various corners of the world. For businesses, these payments represent opportunities to tap into new markets, source products, and expand their reach.

For individuals, they enable seamless money transfers to support family members abroad, pay for services, or invest in foreign ventures.

Traditional Banking vs. Cross-Border Payment Providers

Traditional banks have long been the default choice for international transactions. However, their shortcomings have become evident over time. Lengthy processing periods, high currency conversion rates, and hidden fees often leave customers feeling frustrated.

Cross-border payment providers address these pain points by offering faster transfers, competitive exchange rates, and transparent fee structures. They leverage technology to create a smoother, more convenient experience for users.

Read more to learn How does Cross border payment works with Ping-pong.

List of Cross-Border Payment Providers


PayPal needs no introduction. It's a household name in online payments and offers a simple way to send, receive, and manage money across borders. With its widespread acceptance and user-friendly interface, PayPal is a go-to option for many individuals and businesses.


Payoneer specializes in providing cross-border payment solutions for freelancers, e-commerce sellers, and professionals. It offers virtual bank accounts in multiple currencies, making it easy to receive payments from international clients and marketplaces.


Skrill, formerly known as Moneybookers, is another popular choice for cross-border transactions. It provides a digital wallet that allows users to send money, make online purchases, and even invest in cryptocurrencies.

TransferWise (Wise)

Wise is renowned for its transparent currency exchange rates and low fees. It operates on a peer-to-peer model, ensuring that users get the real exchange rate without the inflated margins typically charged by banks.


Remitly focuses on remittances, allowing individuals to send money to family and friends in other countries. Its user-friendly app and competitive exchange rates make it a convenient option for these specific transactions.


InstaReM is known for its fast and cost-effective cross-border payment services. It offers competitive rates and transparent fees, making it an attractive option for businesses and individuals alike.


Razorpay is an Indian payment gateway that also provides international payment solutions. It enables businesses to accept payments in multiple currencies, opening up global market opportunities.


Airwallex offers a comprehensive platform for businesses to manage their cross-border payments, including multi-currency accounts, international payments, and even business expenses.


OFX, formerly known as OzForex, provides international money transfer services for both individuals and businesses. It offers competitive exchange rates and personalized customer support.


2Checkout is a payment gateway that helps businesses sell products and services globally. It supports multiple payment methods and currencies, facilitating smooth international transactions.


WorldRemit is designed for individuals who need to send money to family and friends abroad. It provides a variety of delivery options, including bank deposits, cash pickups, and mobile wallet top-ups.


Xoom, a PayPal service, specializes in fast and secure international money transfers. It offers competitive exchange rates and enables recipients to receive funds through various channels.

Western Union

Western Union is one of the oldest players in the cross-border payment industry. It allows users to send and receive money in various ways, including online, through agents, and at physical locations.


Similar to Western Union, MoneyGram offers a range of options for sending and receiving money internationally. It boasts a vast network of locations across the globe.


Instamojo is an Indian payment gateway that caters to small businesses and entrepreneurs. While primarily focused on domestic transactions, it offers features for international payments as well.

How to Choose the Right Provider for You

Selecting the right cross-border payment provider depends on your specific needs. Consider factors such as the countries you'll be dealing with, the frequency of transactions, the size of payments, and the processing fees associated with each provider.

Compare exchange rates and additional services offered by each provider to make an informed decision.

Benefits of Cross-Border Payment Providers

Cross-border payment providers offer several benefits, including faster transaction processing, competitive exchange rates, lower fees compared to traditional banks, and the convenience of digital platforms. Many providers also offer tracking and notification features, ensuring you're always in the loop about the status of your transactions.

Challenges and Considerations

While cross-border payment providers offer numerous advantages, it's essential to be aware of potential challenges. These include fluctuations in exchange rates, regulatory compliance, and occasional technical issues. Staying informed and choosing reputable providers can help mitigate these challenges.

Tips for Seamless Cross-Border Transactions

1. Plan Ahead: International transactions may take time, so plan ahead to avoid any delays.

2. Understand Fees: Familiarize yourself with the fee structure of your chosen provider to avoid surprises.

3. Check Exchange Rates: Keep an eye on exchange rates and consider timing your transactions strategically.

4. Verify Recipient Information: Double-check recipient details to ensure the funds reach the intended destination.

5. Stay Informed: Keep yourself updated on regulatory changes and new services offered by providers.


In the age of globalization, cross-border payment providers play a pivotal role in facilitating seamless transactions between individuals and businesses around the world. With their user-friendly interfaces, competitive exchange rates, and faster processing times, these providers have revolutionized the way we handle international transactions.

Whether you're a small business owner looking to expand internationally or an individual sending money to loved ones abroad, the plethora of cross-border payment options available in India ensures that your global financial needs are met with convenience and efficiency.


Q. Are cross-border payment providers safe to use?

Ans. Absolutely. Reputable providers use advanced security measures to protect your transactions and personal information.

Q. Can I use cross-border payment providers for both personal and business transactions?

Ans. Yes, many providers cater to both personal and business users, offering tailored solutions for each.

Q. How long does it take for cross-border transactions to process?

Ans. Processing times vary depending on the provider, the countries involved, and the payment method. Some transactions can be completed within minutes, while others may take a few business days.

Q. Do cross-border payment providers offer customer support?

Ans. Yes, most providers offer customer support to assist with any issues or queries you may have.

Q. Are there limits on the amount of money I can send or receive through these providers?

Ans. Providers may impose limits on transaction amounts to comply with regulations. These limits can vary and are usually outlined on the provider's website or terms of use.