[subbu]

Accepting payments is complex work if you are a marketplace or have some kind of service that pools money and then disburse it. SimplyGuest rents shared houses; multiple people pay house rent which needs to be pooled together and then the aggregated money is disbursed to many vendors including the house owner. Its like n-to-1-to-n. I built this entire payments process and system by myself (if someone is interested they can read it here https://blog.simplyguest.com/payments/simplyguest-payments.h...). It took me many months, but the end result wasn't very good. Moreover, its not a core service SimplyGuest provides.

I integrated Cashfree last month for both collection and payouts at SimplyGuest. Prior to this I had to upload a carefully crafted excel sheet into a nodal account using a bank website which works only in a particular computer and then send the same instructions in a slightly different format to the bank officials who sit in Mumbai; sometimes when I call them they are off to lunch or having a cup of coffee, and I needed to keep track of which festivals Mumbai celebrates! Or else, these instructions may not get processed. Its such a waste of time.

Cashfree fits into my workflow perfectly, allowing me to automate payments. Their settlement time is good too. That was the primary reason I preferred Paytm over Razorpay. But Cashfree is a good alternative to Paytm, Instamojo and Razorpay.

Thanks Reeju and Akash. You guys are good. I wish you all the best.

[reejudatta]

Thanks Subbu, always a pleasure to receive customer feedback. We try to be the fastest, easiest way to move money in India.