Razorpay

SEPTEMBER 17, 2023

Best Suited For E-commerce store and card-not-present (CNP) transactions POS and In-person transactions Does it Facilitate Payment No, it communicates the status of transactions. They use security measures and algorithms to protect businesses from financial losses due to chargebacks and fraudulent transactions.

Bank 52

Bank Banking Financial Institution Accountant 52

Razorpay

OCTOBER 6, 2024

When dealing with financial transactions, especially in business, it’s essential to understand the distinction between various types of invoices. Example 2: Importing Electronics Proforma Invoice : An electronics retailer in India plans to import a batch of smartphones from a supplier in China.

Sale 40

Sale Business Accountant IT 40

Razorpay

AUGUST 20, 2024

With a projected 80% of invoices processed electronically by the end of 2024, automation is undeniably reshaping modern business operations. Automation speeds up the process, reduces errors, and enables electronic invoicing and real-time tracking. Frequently Asked Questions 1. Manual invoice processing is slow and prone to errors.

IT 40

IT Accountant Business Management 40

Razorpay

JULY 11, 2023

Electronic Fund Transfers: Current accounts support electronic fund transfers, allowing account holders to send and receive money electronically. Convenient and Easy Access to Funds: Current accounts provide quick and convenient access to funds through various channels such as checks, debit cards, and electronic transfers.

Accountant 40

Accountant Bank Banking Business 40

Razorpay

OCTOBER 27, 2023

Payment security refers to the processes and practices used to safeguard financial transactions, funds and personal information of clients from threats like online and offline payment fraud, unauthorized access, and data breaches. What is Payment Security? Running regular system and software scans to provide maximum data protection.

Securities 98

Securities Bank Banking Business 98

Razorpay

MARCH 27, 2024

Record keeping : A checking account allows businesses to keep track of their financial transactions, which is essential for accounting and tax purposes. Access to credit : Having a checking account with a good standing can help businesses qualify for loans and other forms of credit from financial institutions.

Accountant 52

Accountant IT Financial Institution Bank 52

Razorpay

AUGUST 11, 2024

A payment network is a system that processes electronic payments between consumers, businesses, and financial institutions. By connecting merchants, banks, and card issuers, it enables seamless processing of credit, debit, and other electronic transactions. What is a Payment Network? Frequently Asked Questions (FAQs) 1.

IT 40

IT Funds Bank Banking 40

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.

Sale 40

Sale Management Business Retail 40

Wall Street Mojo

JANUARY 16, 2024

It aims to nullify the difference in the same or next accounting period Accounting Period Accounting Period refers to the period in which all financial transactions are recorded and financial statements are prepared. read more to have parity in the books of accounts of both legal entities. read more by customers.

Accountant 52

Accountant Bank Banking Financial Modeling 52

Focus Investment Banking

JANUARY 18, 2024

The role of a senior advisor at FOCUS Investing Banking is to provide strategic advice and guidance to clients on various financial transactions. Then high-end electronics. Senior advisors play a key role in client relationship management, strategic advisory, market research, networking, team collaboration and risk management.

Sale 52

Sale Business M&A IT 52

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

The TRADE

APRIL 30, 2024

Financial institutions are obliged to verify the identity of their customers, assess their risk profile, and monitor transactions for unusual activities. This has led to the establishment of Know Your Customer (KYC) and Customer Due Diligence (CDD) processes, bolstering transparency and accountability in financial transactions.

Financial Institution 69

Financial Institution Financial Market Risk Management Bank 69

Razorpay

JULY 25, 2023

Knowing how corporate accounting works and its role in facilitating the growth of a business is important because it plays a fundamental role in the smooth functioning of business financials. Corporate accounting refers to the process of recording a company’s financial transactions. What is Corporate Accounting?

Accountant 98

Accountant Corporation Financial Statement Business 98

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. However, merchants may be charged interchange fees on transactions above Rs.2000 What are IMPS and UPI? What is IMPS ? 2000 made via prepaid instruments.

Funds 52

Funds Accountant Bank Banking 52

Razorpay

SEPTEMBER 22, 2023

Leveraging Existing Payment Systems UPI relies on the existing National Electronic Funds Transfer (NEFT), Real-Time Gross Settlement (RTGS), and Immediate Payment Service (IMPS) systems for settlements. Both UPI and IMPS play pivotal roles in facilitating seamless financial transactions. But they differ in several key aspects.

IT 98

IT Accountant Bank Banking 98

Razorpay

NOVEMBER 29, 2023

Payment security refers to the processes, techniques and protocols used to safeguard online and offline financial transactions of businesses and protect sensitive payment and personal information of clients from threats like payment fraud, unauthorised access, and breach of privacy. What is Payment Security?

Securities 98

Securities Business IT Education 98