The Online Payment Industry and its Road Ahead
In recent years, digital payments have shown exponential growth in India. Despite the COVID-19 pandemic and the impact it created on the economy, 43.71 billion online transactions have been reported in the fiscal year 2020-21. This rise has been fuelled by new participants joining the digital payments industry, technological advancements, customer convenience efforts, and forward-thinking […]
Multiple Payment Gateways – the key to multiple happy customers
It’s no secret that everyone running a business wants to grow their revenue and Indian businesses have undergone a plethora of changes, especially in the last two decades. This is primarily due to the fact that in today’s digital age, in order to drive faster growth, businesses and merchants require perpetual technological innovation. Hence, to […]
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 […]
One API for Multiple Payment Gateways: The Ultimate Solution for Seamless Payment Integration
In today’s age, online technology is trending and blooming. Likewise, now you can multiple payment gateways integration under one API. In the evolving digital economy, businesses are constantly seeking ways to streamline their operations, especially when it comes to managing online payments. Traditionally, integrating multiple payment gateways required extensive development time, maintenance, and a complex […]
Challenges Faced While Choosing 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 […]
India’s unconventional shift to adopting Digital Payments
In recent years, India has experienced a dramatic shift towards digital payment systems, revolutionizing how businesses and consumers transact. This transformation has been driven by various factors, including government initiatives, increased internet penetration, and the growing adoption of smartphones. The shift towards digital payments in India is not just a trend but a paradigm change […]