Razorpay

SEPTEMBER 22, 2023

The Unified Payments Interface (UPI) is a game-changer technology for digital payments, allowing users to make instant payments, check account balances, and manage multiple bank accounts in a single app. Users are required to enter their unique Mobile Personal Identification Number (MPIN) to validate the transaction.

IT 98

IT Accountant Bank Banking 98

Razorpay

FEBRUARY 13, 2024

In India, IMPS and UPI have emerged as widely used electronic funds transfer methods, revolutionising the way people conduct financial transactions. IMPS known for its speed and simplicity, facilitates seamless money transfers between bank accounts. However, it has a transaction limit of up to Rs. What is IMPS ?

Funds 52

Funds Accountant Bank Banking 52

Razorpay

MAY 27, 2024

It is a centralized system that allows customers or businesses to carry out transactions from any branch rather than only from the branch where the account was opened. With a robust CBS, banks can manage various account activities like deposits or withdrawals, loans, payments, information like account balance and more.

Bank 52

Bank Banking Accountant Business 52

Wall Street Mojo

JANUARY 16, 2024

A reconciliation statement refers to the banking summary prepared by the banks to list down the bank’s account balances and compare the same with their internal records. read more to have parity in the books of accounts of both legal entities. It keeps accounts up to date and helps simplify accounting errors and theft.

Accountant 52

Accountant Bank Banking Financial Modeling 52

Razorpay

DECEMBER 20, 2023

Debit Card Payments Debit cards allow you to make transactions by deducting funds from your bank account. Limited funds: You can only spend what’s in your bank account. Record-keeping: Transactions are recorded, aiding in budgeting. No fees: No transaction or interest charges.

Accountant 52

Accountant Business Bank Banking 52

Razorpay

NOVEMBER 19, 2024

NACH mandate cancellation is an important process that every account holder should understand. The system serves multiple purposes payments of subsidies, pensions, salaries, dividends, and regular consumer transactions such as bills, EMIs, and loan payments. The mandate is a formal authorisation given to banks and institutions.

Accountant 40

Accountant Bank Banking Electronics 40

Peak Frameworks

SEPTEMBER 12, 2023

White-collar crime refers to financially motivated, non-violent crimes committed by individuals, typically in business and government. Executives used off-the-books partnerships and misleading accounting practices to artificially inflate Enron’s profits. One of the most infamous examples of this is the Enron scandal.

Accountant 52

Accountant Finance Finance Investors 52

Razorpay

OCTOBER 27, 2023

Payment security refers to the processes and practices used to safeguard financial transactions, funds and personal information of clients from threats like online and offline payment fraud, unauthorized access, and data breaches. You have the right to dispute suspicious charges on your card or accounts.

Securities 98

Securities Bank Banking Business 98

Razorpay

AUGUST 6, 2024

Knowing the difference between an invoice and a bill helps business owners and financial professionals streamline their accounting processes and avoid confusion. Maintaining Records Invoices provide a detailed account of sales transactions, helping you track your income and manage financial records accurately.

Accountant 40

Accountant Utilities Business Sale 40

Peak Frameworks

SEPTEMBER 19, 2023

With numerous currencies and no standardized transaction method, international financial transactions were a logistical nightmare. Its vast network caters to: Banks and Financial Institutions: For interbank transactions, international trade, and securities exchanges.

Bank 52

Bank Banking Finance Finance 52

Razorpay

AUGUST 7, 2024

Features such as user onboarding, balance inquiries, financial transactions, and complaint resolution can all be managed through voice commands. Governed by configurable risk rules, currently, one debit and ten credit transactions are permitted offline. The upper limit for a UPI LITE X transaction is Rs.500,

Collaboration 52

Collaboration Bank Banking Finance 52

M&A Leadership Council

JULY 22, 2023

accounting, payroll, specific applications, infrastructure, etc.) Financial transactions, employee data, etc.). TSA Management and Governance TSA Office Structure Maintaining a TSA office on the buyer’s side is an effective way to manage TSA agreements with the seller. during the TSA period to resolve key issues.

Management 52

Management M&A Business Accountant 52

M&A Leadership Council

AUGUST 3, 2023

accounting, payroll, specific applications, infrastructure, etc.) Financial transactions, employee data, etc.). TSA Management and Governance TSA Office Structure Maintaining a TSA office on the buyer’s side is an effective way to manage TSA agreements with the seller. during the TSA period to resolve key issues.

Management 52

Management M&A Business Accountant 52

Wall Street Mojo

JANUARY 17, 2024

CDS helps the buyer to eliminate the possibility of loss or risk in the financial transactions, thus providing them encouragement to invest further. The government may not take any action against the seller in case the default occurs. Risks Some of the common risks related to the concept are detailed below.

Financial Modeling 52

Financial Modeling Financial Models Insurance Valuation 52

Razorpay

OCTOBER 31, 2023

Export vs Import Payments Export payments are the financial transactions that occur when a country or entity sells goods, services, or assets to foreign customers or buyers. Import payments refer to the financial transactions that occur when a country or entity purchases goods, services, or assets from foreign sources.

Bank 59

Bank Banking Financial Institution Business 59

The TRADE

APRIL 30, 2024

Over the past two decades, several critical financial market regulations have been implemented globally, particularly in response to the 2008 Global Financial Crisis (GFC). The years following 2008’s GFC experienced continued financial regulatory reform.

Financial Institution 69

Financial Institution Financial Market Risk Management Bank 69

Razorpay

FEBRUARY 27, 2025

In today’s fast-paced financial world, businesses and individuals have various options for transferring money electronically. While both serve the purpose of moving funds from one bank account to another, they have distinct differences in terms of speed, cost, security, and use cases.

Funds 52

Funds Accountant Bank Banking 52

Razorpay

JANUARY 27, 2025

It revolves around the concept of pulling funds directly from a payer’s bank account, as authorised by the account holder. ACH debit is a type of electronic payment that allows a business or individual to withdraw funds directly from a payer’s bank account. Here’s a breakdown of how ACH debits work: 1.

IT 40

IT Accountant Financial Institution Electronics 40