7 Interesting Points on Biometric Payments including AePS
Today, to authorize the payments you need a PIN or Password. Soon there would be a widespread system in which you yourself will be the password for authorization. This system…
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Instant Merchant Account Approval: True or False?
You need to get a merchant account activated to process the online payments for your business transactions. This blog discusses the possibility of online merchant account instant approval. Getting an…
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Union Budget 2021: ₹ 1500 Crore-Scheme Allocation To Further Boost Digital Payments
Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, while delivering the Union Budget 2021-22, proposed a scheme of whopping ₹ 1500 crores to promote digital transactions. “To give…
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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
With the new innovations and modern technology, there are various online payment modes introduced which make transacting convenient and facilitating. This blog discusses four of such payment methods, explaining what…
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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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