
What is a Payment Switch and a Payment Gateway?
The fintech industry features an extensive range of companies created with cutting-edge concepts, frameworks, and procedures that have significant potential for taking the company to new levels. Payment solutions are…
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What Are The Four Types Of Digital Currency And How Do They Differ?
With the rise of technology, traditional money is no longer the only option. Enter digital currency, the currency of the future. From cryptocurrencies to stablecoins, there are many types of…
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Payment Processing Challenges: 7 Important Things to Know
As e-commerce grows, payment processing has become essential for online businesses but presents several challenges. One major challenge is transaction fees from payment processors, which can eat into profits significantly…
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Difference Between a Payment Facilitator vs Payment Gateway vs Merchant Account?
We are all aware that one industry that has experienced the direct effects of quarantine is the banking sector. Payments needed to move online, and banking services needed to adapt,…
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What Makes UTR Number and Transaction ID Unique for Digital Payments?
In today’s digital age, more people are using digital payments to purchase goods and services. It is because digital payments make transactions easier and faster. But we all wonder whether…
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