What is Recurring Payment: Meaning, Types and Benefits
Recurring payments have become integral to both B2B and B2C business models. They enable merchants to charge customers automatically on a predefined recurring schedule for ongoing services or subscriptions. This…
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7 Tips of UPI Safety Shield to Keep in Mind While UPI Payment
Unified Payments Interface, or UPI, has revolutionised digital payments in India by providing users with a simple and secure way to transfer funds instantly between bank accounts. The past year…
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What is UPI Interchange Fee And How Does It Impact Payments?
The National Payments Corporation of India (NPCI) recently introduced an interchange fee structure for Unified Payments Interface (UPI) transactions made through prepaid payment instruments (PPIs) like digital wallets. But what…
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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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What is EDC Machine? A Complete Guide
EDC or Electronic Data Capture Machine, commonly known as a payment terminal or card machine, is an electronic device that allows merchants to accept card payments from customers. In…
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