Razorpay Subscriptions is the ideal solution for SaaS businesses in India as it helps you set up a recurring payment plan with total ease.
A payment compliance is a protocol that all companies must stick to while developing new payment portals.
Currently, there are over 150,000 IFSC Codes operating in India, with more than 1,400 banks all over the country.
RTGS is one of the most reliable fund transfer methods available today, with most people choosing it for its real-time fund transfers.
RTGS is a convenient transaction mode that is ideal for high-value transactions. Individuals can use this form of payment for large investments & payments.
RBI has set up 21 ombudsman offices to facilitate the settlement of complaints regarding digital transactions.
The characteristics of NEFT can help customers in spite of the dawn of faster payment solutions like IMPS in India.
One of the most important IMPS features is that it offers real-time transfers of funds that occur on an electronic platform.
NEFT allows people to transfer funds electronically from one bank account to another and is relevant to those who wish to transfer large sums of money.
Immediate Payments System (IMPS) is now one of the most widely-used forms of electronic payments across India.