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Money Lending

How SmartCoin & its NBFC Partners Solved for Co-lending Money Flow Post-DLG with RazorpayX Escrow+

Razorpay

JANUARY 9, 2024

Until now, SmartCoin and its NBFC partners were disbursing loans through RazorpayX Lite, however the Digital Lending Guidelines (DLG) announced in September 2022 blocked the use of any virtual or pool accounts in the money transfer process. Thus, tri-party Escrow accounts were the only feasible option for co-lending use cases.

IT Accountant Money Lending Business

What are E-commerce Payment Systems and their Types?

Razorpay

MAY 9, 2024

This processing network works with your bank to clear your funds. An easy-to-use e-commerce payment gateway cuts out the need to enter card details or personal information multiple times. It is important to have a bank account before getting a debit card. All transactions are encrypted and verified by banks.

Accountant

Accountant Bank Banking Electronics

How SmartCoin & its NBFC Partners Solved for Co-lending Money Flow Post-DLG with RazorpayX Escrow+

What are E-commerce Payment Systems and their Types?

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