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. 5 lakhs quickly and securely through mobile banking, NetBanking and ATMs.

Funds 52

Funds Accountant Bank Banking 52

Wall Street Mojo

JANUARY 15, 2024

What Is A Transaction Motive? Transaction motive refers to the desire to hold cash to facilitate everyday cash-based financial transactions such as business and personal needs, covering payroll, purchases, and bill payments. Two major factors drive its functioning: the level and frequency of transactions.

Economics 52

Economics Financial Transaction Business Management 52

Peak Frameworks

AUGUST 15, 2023

Double-Entry Accounting System Every financial transaction has two sides - a debit and a credit. GAAP, enforced by the Financial Accounting Standards Board (FASB), governs many aspects of accounting, from revenue recognition to the classification of balance sheet items. Journalizing the Transaction.

Accountant 52

Accountant Financial Statement Finance Finance 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. These further adjustments are made when the data is compared with the account balances depicted in the bank statements.

Accountant 52

Accountant Bank Banking Financial Modeling 52

Razorpay

DECEMBER 20, 2023

These methods include cash, credit / debit cards, bank transfers, mobile payments and digital wallets. 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. What are Payment Methods?

Accountant 52

Accountant Business Bank Banking 52

Razorpay

NOVEMBER 19, 2024

Understanding Mandates and e-NACH Cancellation The National Automated Clearing House (NACH) is a centralised payment system established by the Reserve Bank of India (RBI). The mandate is a formal authorisation given to banks and institutions. NACH mandate cancellation is an important process that every account holder should understand.

Accountant 40

Accountant Bank Banking Electronics 40

Razorpay

JULY 26, 2024

Financial Transactions: Banks require an IEC to process international trade payments. This code is essential for facilitating financial transactions related to import-export activities, ensuring smooth and efficient trade operations.

Trading 52

Trading Business Financial Transaction Management 52

Razorpay

JUNE 10, 2023

Accounting is the process of recording a business’s financial transactions. The objective of accounting is to prepare financial statements like the Balance Sheet, Cash Flow Statement and Income Statement which give detailed insights into the financial performance of a business. What is Accounting? Join RazorpayX.

Accountant 52

Accountant Book-building Financial Statement Financial Transaction 52

Razorpay

AUGUST 7, 2024

Features such as user onboarding, balance inquiries, financial transactions, and complaint resolution can all be managed through voice commands. So whether you’re on a flight, in an elevator, or in a basement, UPI Lite X facilitates debit from the sender’s bank and credit to the receiver’s bank entirely offline.

Collaboration 52

Collaboration Bank Banking Finance 52

Wall Street Mojo

JANUARY 17, 2024

It also enables stakeholders Stakeholders A stakeholder in business refers to anyone, including a person, group, organization, government, or any other entity with a direct or indirect interest in its operations, actions, and outcomes. The reports reflect a firm’s financial health and performance in a given period.

Accountant 98

Accountant Finance Finance Profitability 98

Wall Street Mojo

JANUARY 15, 2024

Article Link to be Hyperlinked For eg: Source: Accounting Information System (AIS) (wallstreetmojo.com) In simple words, it is a system to collect and store all information related to financial transactions and events so that they can be retrieved for decision making by the internal management, accounts, CFOs, auditors, etc.

Accountant 98

Accountant Financial Modeling Financial Models Financial Statement 98

Tyton Partners

OCTOBER 26, 2023

This capital injection will enable ClassWallet to continue reshaping the way state and local government agencies handle financial transactions in education. The platform’s streamlined and modernized financial processes empower governments, schools, and parents to allocate funds with increased efficiency and flexibility.

Education 59

Education Funds Investors Acquisitions 59

Razorpay

MAY 30, 2024

Understanding the OPGSP Guidelines The OPGSP (Online Payment Gateway Service Provider) guidelines are regulatory standards set by the Reserve Bank of India (RBI) to govern the operations of online payment gateways in India.

Risk Management 40

Risk Management Securities Business Financial Transaction 40

Peak Frameworks

SEPTEMBER 12, 2023

White-collar crime refers to financially motivated, non-violent crimes committed by individuals, typically in business and government. During the 2008 financial crisis, for instance, many banks approved "liar loans," where borrowers provided fake income statements.

Accountant 52

Accountant Finance Finance Investors 52

Tyton Partners

OCTOBER 26, 2023

This capital injection will enable ClassWallet to continue reshaping the way state and local government agencies handle financial transactions in education. The platform’s streamlined and modernized financial processes empower governments, schools, and parents to allocate funds with increased efficiency and flexibility.

Education 52

Education Funds Investors Acquisitions 52

Razorpay

FEBRUARY 16, 2024

Currency conversion , fluctuating exchange rates , and the need to comply with regulatory frameworks governing foreign exchange transactions further compound the complexity of conducting business in India.

Business 40

Business Financial Transaction Securities Government 40

Wall Street Mojo

JANUARY 17, 2024

The full form of CDS in banking, as mentioned above, instrument is widely used for hedging and speculation. Characteristics Here are some notable characteristics of the concept of the full form of CDS in banking, as mentioned above. Banks also use it to hedge against loan default from the borrower.

Financial Modeling 52

Financial Modeling Financial Models Insurance Valuation 52

The TRADE

APRIL 30, 2024

These regulations have significantly impacted the operations and behaviour of financial institutions, contributing to greater stability, transparency, and accountability in global financial markets. 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. 5 Different Types of ACH Debit 1.

IT 40

IT Accountant Financial Institution Electronics 40