Accept International Payments for Freelancers & Agencies
Experience the convenience of fast settlement times, excellent exchange rates, multiple payment options, and transparent fees with Refrens.Featured In
Lowest Fee In The Market
No Hidden Charges. No Amendment Fees. Best Forex Rates.
Why choose Refrens to accept international payments?
How does it work?
What People are Saying About Us (Behind Our Back)
Frequently Asked Questions (FAQ)
Refrens allows you to instantly accept international payments once the onboarding is completed by you. You have to create only an invoice and enable the online payment accepting options. After that, your client can easily pay you instantly using either debit, credit, wise, bank transfer or ACH payment mode.
None. There are no hidden charges or setup fees. We only charge a small payment gateway fees of 1.5% on ACH or Wire Transfer and 4% or less on Credit/Debit Cards.
We especially cater to these businesses:
Freelancers
Self-Employed
Small Businesses
Agencies
You can accept international payments from Refrens in 4 simple steps.
First, if you have not enabled international payments on Refrens yet, do reach out to us by filling up the above payment form or mail us at compliance@refrens.com to complete the KYC requirements.
The second step is to create an invoice on Refrens and send it to your international client.
Once your client receives the invoice, they can click on the “Pay Now” button to pay the amount online just like they do on any e-commerce site.
After the payment is done by the client, we verify the bank account and transfer the amount to your account within 2 business transaction days.
For international payments, it takes up to T+2 business transaction days. 95% of payments get settled in T+1 days - Which is among the shortest turnaround times in the industry.
Refrens supports all major international currencies like USD, GBP, CAD, EUR, SGD and 100+ currencies across major international markets.
Refrens has the most competitive rates when it comes to accepting international payments in India. We charge anywhere between 1.5% to 4% (depending on the payment mode selected) including Taxes. Also, there are no hidden charges or amendment fees. We disclose the complete payment process to our clients to be fully transparent about the whole process.
The effective charge comes out to be 1.5% (ACH or wire transfer) or 4% (Debit and Credit card) including taxes. Also, due to differences in exchange rates, all international transactions face some forex loss - no matter which payment solution you use. At Refrens, we try to ensure that you get the best forex rates possible.
Let's say, You receive a Payment of $100 on 22nd November.
Assuming that your client paid via ACH or wire transfer, then we charge 1.5% which includes taxes as well.
The amount charged by Refrens = 1.5% * 100 USD = 1.5 USD
Your gross amount after the 1.5% fee is deducted = 100 - 1.5 = 98.5 USD
At that point in time, USD to INR conversion rate was about USD 1 = 81.66 INR (The exchange rate that you see on Google). And the exchange rate offered by Refrens at that time was about USD 1 = 80.82 INR
The final amount you will receive = 98.5 * 80.82 = 7960.77 INR
To accept international payments on Refrens, KYC is necessary for the users. You can mail all these documents to compliance@refrens.com
For individuals like freelancers:
Proof of Address:- Aadhar card
Owner details with ID (Preferably Passport/ PAN mandatory)
Three past invoices that you sent to your international clients along with your bank statement showing the payments received against these invoices (preferably during the last 3 months or during the last financial year)
Online presence: Website or Professional Network Profile or Upwork/Fiverr/freelancer profile
To accept international payments on Refrens, KYC is necessary for the users. You can mail all these documents to compliance@refrens.com
For businesses:
Incorporation Documents
Certificate of incorporation
Memorandum and Articles of Association
Register of Shareholders and Directors (to be endorsed by a director, dated within the last 4 months)
GST Registration
Business PAN (Mandatory for Indian users)
Three past invoices that you sent to your international clients along with your bank statement showing the payments received against these invoices (preferably during the last 3 months or during the last financial year)
Online Presence: Business Website (Optional)
Planning to Receive International Payments for your Business?
Now it becomes easy to accept international payments for freelancers, professionals, self-employed, small businesses, or any registered businesses from anywhere, anytime in India.
Refrens introduces a new payment method to accept payment globally for freelancers and registered businesses in India.
Refrens has the most competitive rates when it comes to accepting international payments. We charge around 1.5% or less including Tax.
The payout on Refrens.com is done in 2 business days (Transaction day + 2 business days) which is among the shortest turnaround times in the industry. We disclose the complete payment process to our clients to be fully transparent about the whole process.
The lowest rates, shortest TAT, and full transparency make Refrens the best payment processor to receive international payments in India. And, creating invoices, quotations and estimates, etc. is completely free on Refrens. Use it to create invoices and receive payment internationally to show professionalism to your clients at the lowest possible cost.
