IBAN – What is it and how is it important?
Organizations are always looking for simple and effective ways to make cross border payments as frictionless as possible for themselves, and their clients. Traditional business account solutions often involve lengthy and time-consuming onboarding processes during set up. It is essential that ongoing resources need to be allocated to ensure all banking relationships are maintained appropriately. […]
Benefits of Digital Payments for Small Businesses
We now live in a world where everything is digitized, from the exploration of outer space to even buying day to day groceries. Technology has benefited the human race today in ways we cannot even fathom. However, the impact of digitisation is best seen in the growth of businesses. India has now taken the leap […]
Budget 2022: Key Highlights
The Union Budget of 2022 has been announced by our Finance Minister, Nirmala Sitharaman on the 1st of February, 2022. The budget has many measures to boost different sectors but it lacks what the middle-class taxpayers demanded. Let us take a quick look at the most important aspects of this budget. Economy · […]
What do you mean by API Integration and types of API Integration?
An API that isn’t comprehensible isn’t usable. -James Gosling API has emerged as the new buzzword, it seems. No matter where you go, you will come across the word API being uttered by almost every technical peep. Are you someone working in the sectors of marketing, operations or revenue? If yes, it is not surprising […]
One API for multiple payment gateways
In today’s age, online technology is trending and blooming. Likewise, now you can multiple payment gateways integration under one API. In this blog, you will walk through the payment gateways and how Payomatix makes your life easier. Let’s get started. What is a payment gateway? Payment gateways are services that allow merchants to accept and […]
Challenges faced by businesses in switching between payment gateways
If no two people in the world are the same, how can the choice of payment be the same for all? The fintech industry in India is a sea of potential where you can easily get lost if you are unaware of the operational aspect of digital solutions. In today’s era of digital technology, online […]
The competitive landscape of Fintech in India
Fintech companies have established themselves as strong competitors in the financial-services sector, but now they are facing a new challenge: mainstream banks have gradually started to offer fintech-like services including early pay check access and no-fee overdrafts. For financial institutions in particular, fintech denotes both a threat to business-as-usual and significant opportunity, promising new markets, […]
The future of E-commerce: the influence on tertiary sector and employment
The pandemic, no doubt, induced a boom in e-commerce, the online shopping approach is growing at a great speed. The shift towards the digital world has the absolute potential of becoming permanent. Why? It’s because of the convenience and flexibility it offers to the consumers. E-commerce was performing well pre-COVID too but all of a […]
