When it comes to the beauty and personal care industry…
Friendly fraud happens when customers make purchases and then dispute them, claiming they never authorised or received them. As your business embraces digital payments, you face growing risks from these…
Managing who gets access to what in your organisation is complex. Your decisions must balance business needs with industry rules. Effective authorization ensures your systems stay compliant while letting staff…
Your checkout page is crucial! Discover best practices: fewer fields, multiple payments, security, and how one-click boosts sales.
Streamline your checkout process! Learn steps, optimization tips, and different e-commerce flows to boost conversions and reduce cart abandonment.
Understand how guest checkout simplifies online buying. Explore how alternatives like one-click checkout can further enhance speed and customer retention.
Learn how to define checkout in e-commerce and why it’s critical to your business success. Understand key steps, flow types, and ways to optimize.
Customer Lifetime Value (CLTV) is a crucial metric that estimates the total revenue a business can reasonably expect from a single customer account over the entire duration of their relationship.…
One of the features of RTGS that make it particularly relevant for modern consumers is that the transactions can be initiated through net-banking.
WhatsApp QR codes make connecting with people, businesses, and services faster and simpler. Whether you are adding new contacts, linking devices, or using QR code payments, learning how to scan…
Adjustment means making changes or modifications to align or fit something more accurately or effectively. It applies in various contexts, from financial accounting and shipping logistics to psychological well-being and…
The PAN Aadhaar link is mandatory for all Indian citizens. The last date for PAN-Aadhaar linking was 30th June 2023. PAN cards not linked with Aadhaar will become inoperative after…
What is an ATM? An automated teller machine (ATM) is an electronic banking machine that allows bank account holders or customers to complete basic transactions without the aid of a bank…
Payment banks are designed to deliver accessible and affordable banking services to underserved segments of society, including low-income households, small businesses, and migrant workers. These banks focus on financial inclusion…
What is the Full Form of ATM? The full form of ATM is “Automated Teller Machine.” The term ATM comes from “Automated,” indicating it works automatically, and “Teller,” referring to…
GST on LED lights is a crucial aspect for businesses and consumers to understand. The most common LED bulb GST rate is 12%, which applies to a wide range of…
Applying for an SBI ATM card has never been easier, thanks to the numerous methods available for both tech-savvy users and those who prefer traditional ways. In this detailed guide…
Solar power is a rapidly growing industry in India, with the government promoting the sustainable growth of innovative solar projects. However, the introduction of the Goods and Services Tax (GST)…
India’s taxes on alcohol structure is a complex web of state-specific regulations and levies. Unlike most goods and services, which fall under the purview of the Goods and Services Tax…
Updating your Aadhaar card is crucial as it serves as a primary identification document for various services and transactions in India. Ensuring your Aadhaar information is accurate helps in availing…
State Bank of India (SBI), India’s largest bank, offers a wide range of services and products to its customers. Among these, debit cards linked to SBI savings or current accounts…
Liquefied Petroleum Gas (LPG) is a commonly used fuel for cooking and heating purposes in Indian households and businesses. With the introduction of the Goods and Services Tax (GST) regime,…
The Unified Payments Interface (UPI) was developed by the National Payments Corporation of India (NPCI) to facilitate seamless, real-time bank-to-bank transactions. With UPI, users can effortlessly transfer money to friends,…
The digital era has unlocked a world of opportunities for content creators, with YouTube emerging as a lucrative platform for earning income. However, navigating the complexities of taxation, particularly the…
Starting a Shopify store is easy, but getting sales takes planning and effort. This guide will help you take the right steps to bring in your first orders. If you’re…
What is UPI Transaction Status? When you make a UPI transaction, the status of that transaction lets you know what happened to your money after you hit the “Send” or…
The Shopify Partner Program lets you earn by building stores, creating apps, or referring clients on the Shopify platform. You get access to free tools, training, and unlimited test stores…
Are you an aspiring entrepreneur looking to sell on Shopify? Shopify is a powerful e-commerce platform that enables anyone to set up an online store and start selling on Shopify,…
The food business industry in India is thriving, with an estimated market size of ₹7.07 lakh crores by 2025. Whether you dream of opening a restaurant, launching a cloud kitchen, or selling homemade…
SEZs are duty-free zones that are taxed as foreign territories to encourage investment and trade. The implementation of GST and e-way bill rules requires SEZ entities to provide e-way bills…
Each year, trillions of card transactions are processed globally—and behind every one are two key players: the issuing bank and the acquiring bank. The issuer is the bank or financial…
No GST on UPI transactions over ₹2000 – Latest 2025 Update As of April 2025, UPI transactions remain free from GST for individual users. The Government of India has officially clarified…
Address Verification Service (AVS) is a security feature used by credit card networks and issuing banks to help you detect and prevent online payment fraud. It works by comparing the…
The Card Verification Code (CVC) is a security feature found on credit and debit cards. This is designed to protect against fraudulent activities during online or phone transactions. This blog…
The Goods and Services Tax (GST) has significantly impacted various sectors, including the plant and horticulture industry. As a business owner or consumer, it is crucial to understand the GST…
As an essential household appliance, refrigerators play a crucial role in keeping our food fresh and preventing spoilage. In India, the Goods and Services Tax (GST) is applied to the…
GST on Popcorn: An Overview Popcorn, a beloved snack across India, has been subject to varying GST rates based on its form, preparation, and packaging. The Goods and Services Tax…
Dropshipping has revolutionised the e-commerce landscape, allowing entrepreneurs to start an online business with minimal upfront investment. Shopify, a leading e-commerce platform, has made it easier than ever to launch…
Shopify is a comprehensive e-commerce platform that empowers businesses of all sizes to create, manage, and grow their online stores with ease. Whether you’re a small startup or a large…
Starting your own salon can be a rewarding business move if done right. Whether you’re aiming to open a small beauty parlour, expand your freelance setup, or launch a full-scale…
A side business gives you the freedom to earn extra income without leaving your full-time job. It’s a smart way to boost your monthly cash flow, reduce financial stress, and…
Maintaining accurate financial records is crucial for any business or individual. One key process that ensures the integrity and reliability of financial information is reconciliation. In this article, we will…
An annual subscription is an agreement where customers pay a yearly fee for products or services, often at a discounted rate compared to monthly plans. It falls under the access…
What Is Livestream Shopping? Livestream shopping is a format where live video meets e-commerce. In this setup, a host—often a brand representative or influencer—showcases products in real-time while viewers watch,…
QR codes have revolutionised the way we share and access information in today’s digital world. From product packaging to marketing campaigns, these two-dimensional barcodes have become ubiquitous. However, choosing the…
What is Magnetic Ink Character Recognition (MICR)? MICR stands for Magnetic Ink Character Recognition. It is a method of encoding characters using magnetic ink and special fonts to make printed…
The footwear industry in India has undergone significant changes under the Goods and Services Tax (GST) regime. From large-scale manufacturers to local artisans and online sellers, GST impacts every stakeholder…
Washing machines are an essential home appliance, and understanding how Goods and Services Tax (GST) applies to them is crucial for both consumers and businesses. Whether you’re buying a new…
In the rapidly evolving world of networking, virtual network functions (VNFs) have emerged as a game-changing technology. VNFs are transforming the way networks are designed, deployed, and managed, offering unparalleled…
In-app purchases (IAPs) have revolutionised how mobile app developers monetise their creations. This comprehensive guide explores the intricacies of in-app purchases, from their definition and types to industry examples, benefits,…
Freelance jobs are a paradise for individuals who wish to work independently with their own skill-set. But, recognizing your primary domain and expanding your network isn’t an easy task. Read more to find out.
Market segmentation is a process of dividing your customers and your visitors into segments based on the qualities that they share in common.
Intellectual property (IP) refers to creations of the mind, like inventions, brands, and artistic works. Protecting it is crucial to prevent misuse and ensure creators benefit from their work. Patents…
Bearer Cheque vs Order Cheque: Key Differences Factor Order Cheque Bearer Cheque Definition Payable to a designated individual or organisation specified on the cheque. Payable to the person who holds…
Authentication stands as an important pillar of cybersecurity in our digital world. It ensures that only the right people can access sensitive systems and data. In this article, we will…
In accounting, debit is an entry recorded on the left side of a ledger that either increases assets or expenses or decreases liabilities or equity. Debits are an essential part…
A gateway is a network device or node that serves as an entry and exit point for data between two different networks using distinct transmission protocols. Gateways play a critical…
A GST E-way bill has to be generated for individuals who want to transport goods that are worth more than INR 50,000 within the country. Read more here.
An authorized transaction is a payment verification process where your bank or credit card issuer confirms that you have the funds or credit available to complete a purchase. These quick…
NEFT (National Electronic Funds Transfer) is a simple and secure method of transferring funds electronically across banks in India. Within HDFC Bank, it is widely used for seamless transactions, catering…
Immediate Payment Service (IMPS) is one of the fastest and most secure ways to transfer money in real-time, 24/7. Whether it’s a weekday, weekend, or public holiday, ICICI Bank’s IMPS…
An affinity card is a type of credit card linked to charities, nonprofit organisations, or specific groups like universities or sports clubs. It allows you to support a cause you…
A smart card is a physical card embedded with an integrated chip that securely stores and processes data. Unlike traditional magnetic stripe cards, it uses encryption to protect sensitive information.…
The National Payments Corporation of India is a not-for-profit organization that aims to create nationwide standards for business and retail payments across India.
What is Digital Payment? Digital payments are transactions made using electronic or online methods, where both the payer and payee use digital platforms to exchange money. Simply put, they are…
Fertilizers are essential inputs for agriculture, and their cost significantly impacts farmers and agricultural businesses. In India, the Goods and Services Tax (GST) has been a game-changer for the fertilizer…
GST on packers and movers has been a topic of interest for many individuals and businesses since introducing the Goods and Services Tax (GST) in India. GST on packers and…
GST and customs duty are two integral components of India’s tax system that impact businesses engaged in international trade. Understanding how these taxes interact and calculating them accurately is crucial…
If you’re a flat owner in India, you may have noticed GST on maintenance charges levied by your housing society or the Resident Welfare Association (RWA). As a tax that…
The GST on tours and travels depends on whether you claim Input Tax Credit (ITC). If you opt out of ITC, a 5% GST rate applies. However, if you claim…
As a passenger, understanding how GST applies to your train travel is crucial. This guide breaks down the essentials of gst on railway ticket, including applicable rates, calculation methods, and…
Ever wondered how your online payments, messages, and personal data stay safe from hackers? That’s where encryption comes in. It’s like a secret code that scrambles your data, making it…
What Is Batch Processing? Batch processing is a method where computers handle high-volume, repetitive tasks in groups at scheduled intervals. It allows multiple transactions to be processed together without user…
Net revenue is the total income your business earns from sales after deducting returns, discounts, and allowances. It reflects your actual earnings and helps assess financial performance. Read on this…
What Is Card Cloning? Card cloning is a type of fraud where criminals copy your debit or credit card details to create a duplicate card for unauthorised transactions. They steal…
In today’s digital age, software is integral to the operations of almost every business. Whether it’s used for accounting, communication, or design, understanding the GST implications on software is essential.…
What is GST on Stamp Duty? When it comes to purchasing or selling a property in India, several taxes and fees come into play, including Goods and Services Tax (GST)…
The GST regime has brought about significant changes in the taxation of various services, including accommodation services like hostels and paying guest (PG) facilities. As a hostel or PG owner,…
The introduction of the Goods and Services Tax (GST) in India has significantly impacted various sectors, including the event management industry. As an event manager, it is crucial to understand…
What is GST on Movie Tickets? The Goods and Services Tax (GST) is a consumption-based tax that has been applied to a wide range of goods and services, including entertainment…
A card issuer is a financial institution, like a bank or credit union, that provides consumers with payment cards such as credit, debit, or prepaid cards. These cards enable transactions,…
In the world of digital transactions, card authorization plays a pivotal role in ensuring secure and seamless payments. Whether you’re running an e-commerce store, a brick-and-mortar business, or a service-based…
Print-on-demand (POD) is a popular business model that allows entrepreneurs, artists, and ecommerce sellers to create customised products without the need for inventory or upfront costs. It works by allowing…
A card network is a financial system that facilitates payments between banks, merchants, and customers. It ensures secure transactions by authorising, processing, and settling payments. Major card networks include Visa,…
What is Electronic Data Interchange (EDI)? Electronic Data Interchange (EDI) is the computer-to-computer exchange of business documents in a standardised electronic format between trading partners. EDI replaces traditional paper-based or…
In an increasingly digital world, cyber threats are evolving at an alarming rate. One of the most insidious and rapidly growing types of attack is credential stuffing. This automated attack…
Cash disbursement is a critical financial process that every business must understand and manage effectively. In simple terms, cash disbursement refers to the outflow of money from a company’s accounts…
Starting a pharmacy business in India can be a profitable venture, as the demand for healthcare services continues to rise. With the right planning, execution, and compliance with legal regulations,…
Are you considering venturing into the world of international trade? In today’s globalised economy, starting an import-export business can be a lucrative opportunity. Whether you’re interested in sourcing unique products…
As digital payments continue to grow in India, Google Pay (GPay) remains a preferred choice for seamless transactions. However, understanding its daily transaction limits is crucial for individuals and businesses…
The introduction of the Goods and Service Tax (GST) regime in India has brought about significant changes in the taxation structure across various sectors. One area that has been a…
Accessing your Aadhaar card is crucial for identity verification and essential services in 2025. The Unique Identification Authority of India (UIDAI) provides an easy way to download your Aadhaar card…
GST on brokerage and commission has been a topic of interest for many businesses and professionals since the introduction of the Goods and Services Tax (GST) in India. As a…
In the fast-paced world of e-commerce, businesses are constantly seeking innovative ways to attract customers and boost sales. One of the most effective strategies employed by online retailers is the…
The Aadhaar card, issued by the Unique Identification Authority of India (UIDAI), is one of the most widely used identity documents for banking, mobile connections, and other essential services. If…
Discover how Magic Checkout helps e-commerce brands reduce cart abandonment rates with seamless checkout, abandoned cart recovery, and targeted retargeting.
Latest Updates on GST for Milk Products The 53rd GST Council has recommended a 12% GST on all milk cans, irrespective of material or use. This decision follows the Council’s…
What is a Bounced Cheque? A bounced cheque, also known as a dishonoured cheque, is a cheque that is rejected by the bank due to financial or non-financial reasons. Common…
Discover 10 effective ways to reduce cart abandonment rate and boost conversions. Tackle key issues like unexpected costs, slow delivery, and checkout friction.
Need quick cash? ATMs offer convenient access to your money, anytime, anywhere. But watch out for withdrawal limits! Banks set daily and per-transaction caps. To avoid fees, stick to in-network…
What is GSTIN? GSTIN (Goods & Services Tax Identification Number) is a 15-digit unique identifier assigned to every GST-registered taxpayer, including businesses, firms, dealers, and suppliers, under the GST regime…