Understand failed payments & late authorization (“Transaction failed but payment got deducted” situations)
In online payment, there are certain basic requirements like a good internet connection, valid credentials, sufficient balance in the selected payment mode, a good payment processor, etc, or the transaction…
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The 6 Fintech Trends expected in 2021 and Later
The blooming of financial technology aka Fintech has brought about a positive revolution in the various sectors and industries including banks, financial institutions, businesses, and their clients. Fintech integrates finance…
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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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9 Reasons Why Your Business Should Collect Payments Online
With the onset of digitalization, it has become quite clear that collecting payments with the cash, cheque or only bank transfer has become limited. At many places, these do not…
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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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Settlement Process Explained
Merchants would expect to get their money credited in their Bank Account as soon as possible due to obvious reasons like they have to take care of payment circulation, service/product…
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India’s IMPS Rated as World’s Best Real-time Money Transfer Platform in the world
India’s Immediate Payment Service (IMPS) has been rated as the world’s best real-time payment service by the US-based research firm Fidelity National Information Services (FIS) in its 6th annual Flavours…
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