Consumers can use IMPS without needing a smartphone, which adds to its financial inclusivity, making it a great payment option for the masses.
One of the features of RTGS that make it particularly relevant for modern consumers is that the transactions can be initiated through net-banking.
NEFT is an extremely convenient form of making online transactions. It also accommodates transfers to NRE and NRO accounts.
What is Digital Payment? Digital payments are transactions that occur…
The UPI ID or VPA is what you share with your customers or family when they need to make payments to you.
An mPIN is a 6 digit passcode that you must enter every time you wish to make a transaction. Without the mPIN, you cannot make UPI transactions.
In today’s digital world, you can pay for digital content,…
NFC or Near Field Communication is a wireless technology that…
ECOM transactions, short for e-commerce transactions, represent the backbone of…
Cash transactions refer to the exchange of physical currency as…