UPI 2019- Cashless India’s Success Story
Unified Payments Interface or UPI is an immediate system of accepting digital payments that helps transferring funds between bank accounts through a simple mobile platform. A two-factor authentication system with…
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The unveiling of BHIM 2.0- An insight into the updated features
The roll-out of BHIM 2.0 by the IT Ministry has brought additional assorted features with it, concentrating on enhancing and scaling the seamless payments experience of its users. BHIM or…
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IMPS- Establishing India on the Global Map
Immediate Payments Service (IMPS), India’s real-time money transfer platform was facilitated with being the best innovation globally by a US-based research firm Fidelity National Information Services. FIS, a global leader…
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What is Payment Processing- Payment Processor vs Payment Gateway
What is Payment Processing? Payment processing is the term used to define the processing of digital transactions between the buyer and sellers. In simple terms, the payment processor collects info…
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What is India Post Payments Bank and how does it work? Here’s 10 things to know
The launch of India Post Payments Bank (IPPB) by Prime Minister Narendra Modi on 1st September 2018 has put the spotlight back on payments banks. The government has envisioned that…
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