Payment aggregation has become a vital part of allowing seamless transactions for businesses and customers alike in the fast-changing landscape of the Banking, Financial Services, and Insurance (BFSI) market. The BFSI industry is one of the most heavily regulated in the world. This is because financial institutions handle sensitive consumer data and transactions, and they […]
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As the digital payment landscape continues to evolve, payment aggregators play a crucial role in facilitating transactions between consumers, merchants, and financial institutions. However, with the growing emphasis on security and regulatory compliance, it is essential for payment aggregators to adhere to various guidelines and standards to mitigate risks and protect stakeholders. In this blog, […]
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With digital payments cornering the market, there is a quantum of opportunities for payment gateways to stay on top. Before we drift away and become hasty with the conclusions, let’s understand how payment gateways work. Payment Gateways- Road to a streamlined payment experience Payment Gateways provide a huge room of opportunities for payment industries to […]
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To start with, UPI payments have been undoubtedly the biggest champions among users due to their ease and smooth-sailing method of payments. But, does the same ease reflect on banks? The answer would be pretty unfavorable because UPI payments impact the bank’s fee. Due to the government-stipulated policies, UPI payments do not earn merchant fees, […]
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In our last blog, we learned about eRUPI and how it will transform the current financial ecosystem. Now, let’s look into the key differences between the two pillars of digital payments- eRUPI vs UPI. Before we dive deep, let’s spend a few minutes and have a recap on -what eRUPI and UPI actually mean. eRUPI […]
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