Razorpay

OCTOBER 13, 2023

Wire transfer: Typically processed by banks or financial institutions through a secure and networked system like SWIFT (Society for Worldwide Interbank Financial Telecommunication), it is the most preferred method for cash-in-advance. Interested? Get In Touch!

Business 64

Business Accountant Banking Bank 64

Razorpay

JANUARY 2, 2024

Payment processors encrypt sensitive payment information, verify availability, and transfer funds from the customer’s account to the merchant’s account. It facilitates the transfer of funds from the customer’s account to your account.

IT 52

IT Accountant Funds Banking 52

Razorpay

SEPTEMBER 17, 2023

It is a platform that connects your bank account to the platform where you need to transfer money. It plays the role of a third party that securely transfers your money from the bank account to the merchant’s payment portal. Bank Approval: Your bank reviews the request and checks your account. What is a Payment Gateway?

Banking 52

Banking Bank Financial Institution Accountant 52

Razorpay

MARCH 21, 2024

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. This ensures that the payer is the owner of the bank account and agrees to the terms and conditions of the e-mandate.

IT 98

IT Banking Bank Accountant 98