EMI Payment Option Introduced: PayKun Payment Gateway
What is EMI? EMI means Equated Monthly Installments. The customers have the facility to pay in parts instead of the whole amount upfront. This provides them with affordability and helps…
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RTGS (Real Time Gross Settlement) available 24×7 Now!
Change in RTGS Timings On 9th October 2020, an announcement was made in a Press release – Statement on Developmental and Regulatory Policies – declaring the decision on making the…
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Dealing with Chargeback Fraud aka Friendly Fraud: 12 Tips
Let us understand the meaning of Chargeback Fraud and Tips for saving your business from it. When a customer files an unjustified chargeback denying a genuine purchase made by him,…
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Important Features of NEFT, RTGS, IMPS, and UPI for your Business Payments
The bank transfers and the acceptance of online payment have spread into a wider area of options. The businesses need to select and provide the best payment method to their…
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What is 3D Secure Authentication?
Meaning and Introduction 3D Secure is an extra layer of security in online transactions with credit cards and debit cards. The 3D in this name means 3 Domains Secure and…
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Nodal Account – Meaning, Uses, and Everything Else
Know more about the Nodal Account, why is it to be opened and maintained by the intermediaries Under Section 18 of the Payment and Settlement Systems Act, 2007 (Act 51…
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Online Payment Flow of a Card Transaction
Those of you who have been making online payments or are thinking about transacting in the future must have wondered sometimes about its working and back-end process. A lot of…
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Effects of COVID-19 on Digital Payments
Impacts of COVID 19 could be clearly seen on the Cash transactions. During the nationwide lockdown, it was due to the inability to physically reach the place of purchase, and…
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Tips for Safe Online Transactions for Buyers and Sellers
Online transactions have made the world shrink. People can reach out and buy the services anytime, anywhere and from any place globally. May it be munchies or the shopping from…
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Reasons for why Refunds take a long time to Process
Customers have this complaint that why does the refund takes so much time to be processed whereas the payments go through very quickly. The question is quite fair but there…
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