What is EDC Machine? A Complete Guide
EDC or Electronic Data Capture Machine, commonly known as a payment terminal or card machine, is an electronic device that allows merchants to accept card payments from customers. In…
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Why Credit Ratings Matter: Understanding the Importance of Credit Ratings
Credit ratings are a crucial aspect of the financial world, yet many people still need to understand their importance fully. A credit rating evaluates a borrower’s creditworthiness which can affect…
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Payment Gateway Transaction Limits Understanding the Regulations
In recent years, India has seen a rapid increase in digital transactions, thanks to the widespread adoption of payment gateways. However, as the number of transactions continues to rise, so…
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The Future of Payments in India: Predictions for 2024
India’s digital payments have grown exponentially over the last decade and are expected to grow further in 2024. UPI is projected to dominate payments, with NPCI aiming for 15-20 billion…
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Zero Balance Current Account: A Quick Explainer
A current account plays a vital role when managing finances for your business. They help in managing day-to-day transactions for both individuals and companies. Among the various types of current…
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