Rbi Latest Upi Innovations To Enhance Digital Payments
UPI currently dominates online payments in India, clocking over 22.7 billion transactions worth $768 billion in FY23. Seeing UPI’s tremendous success, RBI recently unveiled several new features to accelerate adoption…
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Cross Border Payments in India: Current Challenges and Future Opportunities
In today’s interconnected world, cross border payments have become vital to international trade and commerce. As one of the world’s fastest-growing economies, India plays a significant role in global trade…
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What Is The Difference Between VPA And UPI ID?
Since the introduction of UPI, the digital payments ecosystem has seen a massive surge in India in recent years. UPI has enabled seamless, instant, and secure fund transfers between bank…
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Payment Settlement Guide: Understand the Payment Settlement Process
Customer purchases a product from an e-commerce website, then, selects the payment option and pays through various payment options available. Before the money reaches an e-commerce (merchant) bank account, it…
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How is Payment Gateway Integration in OpenCart Website done?
The integration process involves strategic steps. Merchants choose the best payment gateway, download and install the corresponding extension, configure it with essential credentials, and conduct rigorous testing to ensure a…
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