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…
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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,…
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LLP Explained: All About Limited Liability Partnerships
Limited Liability Partnerships (LLPs) have become popular for businesses in India due to their unique blend of partnership and corporate structures. It provides operational flexibility, ease of operation, and tax…
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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…
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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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