Karbon Business: B2B Foreign Remittance and Payments
Karbon Business helps Indian companies, freelancers, and exporters manage international payments and corporate spending. It is designed for businesses looking to manage transaction costs when sending or receiving funds globally.
At a glance
- Category
- Finance & Accounting
- Best for
- Indian exporters and importers, Freelancers receiving international payments, D2C ecommerce businesses, IT services companies, Amazon and Walmart resellers
- Pricing
- Karbon Business charges no fee to initiate cross-border payments, with markups starting at 0.1%. Pricing was not clearly available from the provided evidence for other services; buyers should confirm current pricing on the vendor website.
- Key use cases
- International Client Payments, Overseas Vendor Payments, Corporate Expense Management, Marketplace Collections
- Official website
- karbonbusiness.com
Karbon Business is a fintech platform designed for Indian businesses that operate internationally. It focuses on cross-border payments through foreign remittance services and provides a corporate prepaid card for managing business expenses.
The tool supports a range of users, including exporters, importers, freelancers, and D2C ecommerce businesses. It supports receiving foreign payments and sending international transfers, with settlement typically occurring within 4 to 8 hours.
Beyond payments, the platform offers an AI Accountant designed to help with accounting tasks and provides access to cloud service discounts. Buyers should confirm if the markup fees and the specific features of the corporate card align with their internal financial controls and volume requirements.
Key Features
Supports sending and receiving international B2B payments with markup starting at 0.1%.
A business card that provides real time expense tracking, budget controls, and cashback.
An AI-driven tool designed to help reduce manual accounting tasks.
Provides access to discounts on cloud bills through partners without long-term lock-ins.
Payment settlement to beneficiary accounts is designed to occur within 4 to 8 hours.
Use Cases
Helping exporters and freelancers receive USD and other foreign currency payments into INR accounts.
Supporting importers in managing and sending payments to international suppliers.
Using the corporate prepaid card to track business spending in real time with automated reporting.
Supporting Amazon and Walmart resellers in collecting USD from global marketplaces.
Best For
Pricing
Karbon Business charges no fee to initiate cross-border payments, with markups starting at 0.1%. Pricing was not clearly available from the provided evidence for other services; buyers should confirm current pricing on the vendor website.
FAQ
It is a fintech service for Indian businesses that provides foreign remittance for B2B payments and a corporate prepaid card for expense management.
Karbon does not charge a fee to initiate or enable business cross-border payments; they use a markup fee on the exchange rate.
Any India-based business with international remittance needs or corporate expense management requirements, including freelancers and exporters.
Source category: Finance & Accounting
Source subcategory: Payment Processing
