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What Is eMandate: Meaning and How Does It Work?

Razorpay

In 2001, you needed money and had to take a bank loan. After visiting your bank, you received a pamphlet with loan details. You compared other banks, gathered documents, submitted them, and waited for verification. You approached a bank for a loan and realized you could avail benefits without visiting the bank.

IT 98
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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. 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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NDFs trading: If you build platforms, the algos will follow

The TRADE

The instruments can require significant documentation and mediation from both parties involved and historically, they have been more of a side-line market in the wider foreign exchange sphere, making them less liquid and less transparent, and also making it far easier to move markets. You can move markets quite quickly.

Trading 52
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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. This could be a major exchange like the New York Stock Exchange (NYSE) or an electronic communications network (ECN) that automatically matches buy and sell orders.

IT 52