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What Is eMandate: Meaning and How Does It Work?

Razorpay

In 2018, eMandate was introduced. A mandate is a standard instruction that you provide to your issuing bank and other institutions allowing them to automatically debit the mentioned amount from your bank account. API-based eNACH, more commonly known as eMandate, was introduced by NPCI around 2018. How do e-mandates work?

IT 98
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What is a Retainer Fee? (Definition, Examples in Finance)

Peak Frameworks

Clients often pay lawyers, accountants, and consultants a retainer fee in order to retain their services. Bankers, when guiding a company through a merger or acquisition, usually charge a retainer fee to ensure their intensive labor is compensated, like in the AT&T-Time Warner deal of 2018.

Finance 52