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What is Payment Security? Actionable Guide on Types & Secure Payment Gateway Protocols

Razorpay

Payment security is a critical concern for businesses in 2023, as the digital landscape continues to evolve. It encompasses protective measures and protocols to safeguard sensitive payment information during online transactions. Thus, businesses must prioritise payment security to protect their funds and ensure customer loyalty.

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What is Payment Security? Actionable Guide to Securing Your Online Payments

Razorpay

The internet has revolutionised the way businesses collect customer payments. As a business owner, you must strive to deliver an excellent payment experience to your customers when they make payments through different online payment channels. To avoid this, you must use a secure payment system for your business.

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Unified Payments Interface (UPI): Meaning and How it Works?

Razorpay

In a departure from conventional methods like NEFT or RTGS, UPI has streamlined instant payments, removing the constraints of time for both individuals and businesses. UPI works on a highly secure, layered architecture with multiple levels of encryption, ensuring the confidentiality and integrity of data during transactions.

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What is the Difference Between Invoice and Bill?

Razorpay

Knowing the difference between an invoice and a bill helps business owners and financial professionals streamline their accounting processes and avoid confusion. An invoice is a commercial document issued by a seller to a buyer that itemises and records a transaction between the two parties. What are the Types of Invoices?