What is UPI Interchange Fee And How Does It Impact Payments?
The National Payments Corporation of India (NPCI) recently introduced an interchange fee structure for Unified Payments Interface (UPI) transactions made through prepaid payment instruments (PPIs) like digital wallets. But what…
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What is Recurring Payment: Meaning, Types and Benefits
Recurring payments have become integral to both B2B and B2C business models. They enable merchants to charge customers automatically on a predefined recurring schedule for ongoing services or subscriptions. This…
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Cross Border Payments in India: Current Challenges and Future Opportunities
In today’s interconnected world, cross border payments have become vital to international trade and commerce. As one of the world’s fastest-growing economies, India plays a significant role in global trade…
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The Impact of QR Code Payments on Small Businesses
QR code payments have emerged as a popular payment method in recent years, revolutionizing how people transact. Small businesses, particularly, have adopted this payment method due to its ease of…
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What Is An Internet Merchant Account, And How To Accept Payments?
A merchant account, as discussed, is a type of bank account exclusively for credit and debit card payments. The said card transactions happen through electronic card payment devices. This is…
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