Cross-Border Payments: Methods, Challenges & Solutions Increasing globalization and mobility have made cross-border transactions the new norm. These transactions are critical to sending money to others personally or doing international investments and…
POS vs MPOS: What’s the Difference & Which to Choose? With businesses matching the pace of the dynamic technical shifts in operations, POS (Point of Sale) and MPOS (Mobile Point…
With the rapid growth of the digital world, it is important for businesses to have the capacity to process online payments. This capability is powered by the Payment Gateway API —…
The Reserve Bank of India (RBI) introduced UPI Lite (Unified Payments Interface) in September 2022 to streamline small-value payments. Many experts suggest that it was an important and much-needed step…
As a business owner, you may accept payments from customers and other parties through various modes, including UPI (Unified Payments Interface), digital wallets, net banking, bank transfers, credit and debit…
In the modern digital business landscape, it would be no wrong to say that payment processing is the backbone of all financial transactions. And for anyone who owns a business,…
In the modern, digital-first economy, as a business owner, you need to provide a seamless and secure payment solution for your customers. Whether you own an offline retail shop or…
Today, in the modern business world, as a business owner, it is essential to continually evolve and stay current to remain competitive. At the same time, you must adopt best…
Payment methods are essentially the different ways in which you can make payments to merchants or transfer funds for the goods or services you purchase and avail yourself of. Traditionally,…
Electronic payments, also commonly referred to as digital payments, are a type of e-payment. It is a mode of online transaction between the payee and the payer. These payment methods…