article thumbnail

The Role of Professional Advisors: Accountants, Lawyers, and Brokers in Guiding Financial Choices for Buyers and Sellers

Sun Acquisitions

Accountants, lawyers, and brokers are pivotal in helping buyers and sellers make informed decisions that safeguard their economic interests. Accountants: The Financial Architects Accountants are the financial architects of any transaction. Valuation: Accountants help sellers determine the fair market value of their assets.

Broker 59
article thumbnail

What Is a Payment Processor? Meaning, How It Works, and Example

Razorpay

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
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What are export payments and how to choose the right one for your business?

Razorpay

Escrow Service: This method protects both parties as funds are placed with a trusted third party who acts as a mediator. Built for Indian exporters, the Razorpay MoneySaver Export Account is designed to simplify the process of receiving international payments via cross-border wire transfers. Interested? Get In Touch!

article thumbnail

What Is eMandate: Meaning and How Does It Work?

Razorpay

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
article thumbnail

What is a Brokerage and How Does It Work (Types, Definitions, Examples)?

Peak Frameworks

A brokerage is a company that mediates transactions and fosters market liquidity in the financial markets by acting as a middleman between buyers and sellers. These can include account maintenance fees, inactivity fees, and fees for additional services like research reports or access to premium trading platforms. Start trading.

IT 52
article thumbnail

The Benefits of Using a Business Broker to Sell Your Company

Sun Acquisitions

Business brokers act as impartial mediators during negotiations, skillfully representing your interests while keeping emotions in check. Additionally, they coordinate with the professionals involved, such as attorneys and accountants, to keep the process running smoothly and efficiently.

Broker 59
article thumbnail

Payment Gateway vs Payment Processor: What is the Difference?

Razorpay

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?

Bank 52