What is Payment Aggregator? A payment aggregator is a third-party service provider that enables customers to make and businesses to…
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…
What are IMPS, NEFT, and RTGS? IMPS, NEFT, and RTGS are popular electronic fund transfer methods in India. IMPS (Immediate…
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 a Debit Note? A debit note is a document used and issued by a vendor to inform the…
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…