Auto Debit Payment: Advantages and Disadvantages (eNach and UPI Auto Pay)
With the rapid digitisation of payments in India, auto debit payments have become a popular option for recurring payments like utility bills, EMIs, subscriptions, etc. In this blog, we will…
Read more »Omni Channel Payment Processing: Definitions, Benefits, and Working Process
Customer experience and satisfaction are the trademarks of modern-day business. Loyalty programs and data-driven customer support integration are the launchpads to skyrocket your sales. Omni channel payment processing integrates diverse…
Read more »Why is Automated Payment Reconciliation Necessary For Your Business?
Whether you’re a small startup or a well-established corporation, maintaining an accurate record of incoming and outgoing payments is a fundamental aspect of financial management. However, as your business grows,…
Read more »All You Need To Know About Payment Gateway Types and Their Uses
A payment gateway can be a merchant service useful in payment processing for several e-commerce sites and traditional brick-and-mortar stores. It is a safe and secure mechanism that transfers funds…
Read more »What is the Merchant Discount Rate for Payments?
The Merchant Discount Rate (MDR) is a critical component in online payment processing, encompassing the fees levied on merchants for incoming transactions. Ranging between 1% and 3%, MDR involves a…
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