Internal “FinTech department” with Reserve Bank of India (RBI)
Fintech is the fastest-growing sector in India. To focus on that areas and to track the rapidly changing financial landscape, the Reserve Bank of India (RBI) has set up a…
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Cryptocurrency Bill to be introduced in the Winter Session of Parliament
The base to the ‘Future of Cryptocurrency in India’ shall be laid with the new Cryptocurrency Bill to be proposed in the next winter session of the parliament. Recently, Cryptocurrency…
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Cryptocurrency and the Possible Government Regulations in India
Cryptocurrency has gained immense popularity in recent times all over the world. The Indian population has been showing great interest in it. It has been in the news for a…
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National Payments Corporation of India (NPCI) announced the launch of the NPCI Tokenization system (NTS) – Know what is NTS
To support the tokenization of the Rupay cards and as the substitute for saving the card details with the merchants, the National Payments Corporation of India (NPCI) announced the NPCI…
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What is Neobank? How is it different from a traditional bank?
Various innovations are being introduced and new technologies are being brought about with the increased usage of mobiles. And with that, there is also a boost in the financial industry…
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Everything you need to know about Account Aggregator (AA) Network – a financial data-sharing system
In the month of September 2021, a financial data-sharing system – Account Aggregator (AA) network was introduced in India. It is essential that the fintech companies and lenders and the…
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How Does PayKun Help Merchants Deal with Chargebacks?
Credit card chargebacks are a painful reality for eCommerce merchants. A chargeback is nothing but a reversal of a completed transaction. It happens when a customer disputes a charge on…
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Understanding the Difference Between Payment Gateway Settlement and Reconciliation
With more and more customers taking the digital route for buying essentials, payment gateways seem a convenient option for merchants to ensure customer satisfaction and payment acquisition. For instance, you…
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What is Foreign Inward Remittance Certificate (FIRC)
Foreign Inward Remittance Certificate (FIRC) is an important certificate for the exporter merchants in India. This blog explains what Foreign Inward Remittance Certificate is, its importance for the international sellers…
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A Guide to the Cross-border eCommerce: Trends and Tips
eCommerce has opened the doors to sell products and services nationally and internationally. The merchants can reach all over the world with their online shop. However, international selling needs to…
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