Payment processing is the backbone of financial transactions in today’s digital world. Understanding its fundamentals is essential for businesses and…
In today’s fast-paced business environment, efficiently tracking POS transactions is crucial for maintaining accurate financial records, managing inventory, and making…
What is Payment Settlement? The payment settlement is a process in any financial transaction where the issuing bank transfers funds…
Difference Between IMPS and NEFT The main difference between IMPS and NEFT lies in their transaction timing and processing: IMPS…
What is Invoice Management? Invoice management is the process of handling invoices from suppliers and vendors, including receiving, validating, paying,…
What Is Return To Invoice? Return to Invoice Cover, or RTI is a car insurance add-on that ensures you get…
What is a Proforma Invoice? A proforma invoice is a preliminary or initial document issued by a seller to a…
What is E-rupee? Simply put, Digital e-rupee, also known as e₹ or e-RUPI, is a legal tender and digital version…
What Is a Payment Request? A payment request collects payments by sending a link or URL that directs customers to…
What is a POS Terminal? A Point of Sale (POS) terminal is a hardware device used to process card payments…