Razorpay

JULY 11, 2023

What is a Current Account? A current account is a kind of deposit account for individuals and organizations that deal with a huge number of transactions. The scale of these transactions is too large for a regular savings account. Read more: What is a Current Account? What is RazorpayX?

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Razorpay

JANUARY 17, 2024

With a RazorpayX Business Banking+ Account, you can add beneficiaries and make payouts with no cooling period. Get Your Own Business Banking+ Account! A beneficiary is a person or organization that benefits from a will , trust , retirement plan , insurance policy , ann uity , financial transaction or another arrangement.

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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.

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OfficeHours

JUNE 12, 2023

Through a private equity internship, you will be exposed to high-stakes, complex financial transactions and gain valuable experience in investment analysis, deal structuring, and portfolio management. Securing an internship in private equity can be challenging due to the competitive nature of the industry.

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Private Equity Equities Investment Valuation 147

Wall Street Mojo

JANUARY 17, 2024

Statement of Cash Flows Definition A Statement of Cash Flow is an accounting document that tracks the incoming and outgoing cash and cash equivalents from a business. It helps identify the availability of liquid funds with the organization in a particular accounting period.

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Razorpay

FEBRUARY 13, 2024

IMPS enables real-time interbank transactions, while UPI offers a seamless and user-friendly platform for peer-to-peer payments and merchant transactions. In this comprehensive blog, we will delve into UPI vs IMPS detailed comparison, highlighting key factors such as convenience, security, and cost. What is IMPS ?

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Razorpay

NOVEMBER 30, 2023

Besides, electronic payment systems have revolutionized the way we handle our finances, making transactions quicker, more efficient, and accessible to anyone with a bank account. NEFT is typically used for smaller transactions, while RTGS is reserved for larger, time-sensitive transfers.

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Razorpay

OCTOBER 25, 2024

Offering a broad range of services, from mutual funds to intra-day trading and derivatives, Rupeezy needed a payment partner who could handle the complexities of financial transactions. SEBI requires every transaction initiated by a customer must be made from their registered bank account. Get In Touch!

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Razorpay

DECEMBER 20, 2023

They offer various features and security measures to suit individual preferences and situations. Payment methods can take various forms, from traditional cash transactions to the latest digital innovations. Debit Card Payments Debit cards allow you to make transactions by deducting funds from your bank account.

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Razorpay

MARCH 28, 2025

Scammers manipulate invoices to trick companies into making payments to fraudulent accounts. These scams can lead to financial losses, disrupt operations, and damage relationships with vendors. Understanding how invoice fraud works and implementing preventive measures is crucial for safeguarding your business against financial fraud.

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Razorpay

JULY 29, 2023

If you’ve ever transferred money online, changed your ATM Pin on an app, or gotten an email copy of your account statement, you’ve enjoyed the benefits of e-banking. E-banking/Electronic banking allows us to perform financial transactions and other operations online seamlessly. You swipe your card and ping!

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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.

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Razorpay

SEPTEMBER 22, 2024

The finance team then records this in accounts payable and pays the vendor. STEP 2: Manual data entry Information is manually entered into the accounting system. These codes ensure proper classification in the accounting system, making financial tracking and reporting more efficient.

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Razorpay

MAY 23, 2023

Corporate banking provides businesses financial services like account holding, loans, capital, vendor management, and more. Corporate Banking vs Retail Banking Retail banks cater to the needs of individuals and the smallest businesses – providing savings accounts, deposits, and loans. Get your corporate account now!

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Razorpay

OCTOBER 3, 2024

This includes initiating and processing payments, fraud detection, compliance, handling disputes, resolving issues, managing international transactions, reconciliation, and accounting. It involves integrating various elements to ensure efficient and secure financial transactions.

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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.

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Razorpay

SEPTEMBER 17, 2023

It is a platform that connects your bank account to the platform where you need to transfer money. A payment gateway authorises you to conduct an online transaction through different payment modes like net banking, credit card, debit card, UPI, or the many online wallets that are available these days. What is a Payment Processor?

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Peak Frameworks

SEPTEMBER 12, 2023

A classic case of both accounting fraud and corporate malfeasance, it led to the bankruptcy of the Enron Corporation and the dissolution of Arthur Andersen, one of the five largest audit and accounting partnerships in the world. Think of a finance manager redirecting company funds to their personal account.

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Razorpay

NOVEMBER 5, 2023

You must be familiar with the term ‘IFSC Code’ if you have transferred funds to another bank account. IFSC helps uniquely identify the bank and the branch where the beneficiary account is located. It ensures that the funds are transferred to the correct bank account and avoids any errors or delays in the process.

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Razorpay

MARCH 11, 2024

Import payments involve the financial transactions that take place when a country or entity acquires goods, services, or assets from foreign origins. Forget payment complexities, embrace Razorpay’s unmatched coverage, flexible billing, and top-tier security – your fast track to international trade success.

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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.

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Razorpay

DECEMBER 20, 2023

Payment reconciliation is an accounting process that serves as the bridge between a company’s internal financial records and its bank statements. This reconciliation is essential because it validates account balances and ensures that the company’s financial records accurately reflect its financial transactions.

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Razorpay

AUGUST 11, 2024

By connecting merchants, banks, and card issuers, it enables seamless processing of credit, debit, and other electronic transactions. These networks act as intermediaries, ensuring secure and efficient transfer of funds. EFT networks operate by using secure, computer-based systems.

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Sun Acquisitions

FEBRUARY 20, 2024

However, like any financial transaction, it comes with its own set of risks and complexities. This blog post will explore the critical aspects of due diligence in seller financing deals and what buyers must know to ensure a successful transaction. It offers flexibility in structuring the deal and potentially lower upfront costs.

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Razorpay

OCTOBER 8, 2024

Invoice management is a critical accounting function that involves receiving, processing, and tracking vendor invoices. It serves as a link between a company’s purchasing activities and its financial records, helping it maintain accurate accounting ledgers and timely payments to suppliers. What is Invoice Management?

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Peak Frameworks

SEPTEMBER 19, 2023

With numerous currencies and no standardized transaction method, international financial transactions were a logistical nightmare. How SWIFT Works SWIFT does not transfer money per se but provides a secure messaging network where banks can send and receive money transfer orders. Who Uses SWIFT?

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Razorpay

AUGUST 7, 2024

Last year’s theme, “Global Collaboration for a Responsible Financial Ecosystem,” emphasized the importance of responsible innovation, strong regulatory frameworks, and inclusive financial practices to benefit everyone. For higher amounts, your UPI PIN provides an additional layer of security.

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Razorpay

AUGUST 20, 2024

By harnessing AI and machine learning, these systems optimize the entire invoice lifecycle, reducing errors, accelerating processing times, and allowing accounts payable teams to focus on strategic initiatives. This might result in avoidable expenses and accounting issues. These exclusions might wear down the whole payment procedure.

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Razorpay

JULY 27, 2023

Investment banking is a branch of banking that organizes and enables large, complex financial transactions for businesses, like mergers, IPOs or underwriting. Investment banks help business with complex financial transactions like IPOS and mergers & acquisitions. What is Investment Banking?

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MergersCorp M&A International

JANUARY 16, 2024

When it comes to mergers and acquisitions (M&A), meticulous corporate administration can make all the difference in ensuring the success and smooth execution of these complex financial transactions.

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M&A Leadership Council

JULY 22, 2023

accounting, payroll, specific applications, infrastructure, etc.) Data Privacy and Security Data privacy and security is a key enterprise concern nowadays. Financial transactions, employee data, etc.). Scope and Duration of the TSA Scope Defining the scope of the TSA is the most critical decision made by the buyer.

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M&A Leadership Council

AUGUST 3, 2023

accounting, payroll, specific applications, infrastructure, etc.) Data Privacy and Security Data privacy and security is a key enterprise concern nowadays. Financial transactions, employee data, etc.). Scope and Duration of the TSA Scope Defining the scope of the TSA is the most critical decision made by the buyer.

Management 52

Management M&A Business Accountant 52

Razorpay

SEPTEMBER 20, 2024

POS System vs Cash Register: Key Differences A cash register is a simple mechanical device that can only process transactions and print receipts, whereas a point of sale (POS) system is a computerized system with advanced features like financial transactions, inventory management, customer order management, reporting, and analytics.

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Razorpay

OCTOBER 6, 2024

When dealing with financial transactions, especially in business, it’s essential to understand the distinction between various types of invoices. The retailer uses this invoice for accounting and tax filing purposes. It acts as an initial estimate, outlining the transaction details before it is finalised.

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M&A Leadership Council

OCTOBER 30, 2023

This tactic not only made our leaders feel more confident about their job security, but it also positioned the company to have the human capital it needed for subsequent acquisition. To help the team focus on long-term growth opportunities, we let people know that they were responsible for developing the team they managed.

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Wall Street Mojo

JANUARY 17, 2024

In case of claim, the amount can be adjusted by payment of cash, or physical payment of the security. CDS helps the buyer to eliminate the possibility of loss or risk in the financial transactions, thus providing them encouragement to invest further. However, cash is always a preferred method of payment.

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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.

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