Razorpay

MAY 23, 2023

They need to store money, avail loans and manage finances just like individuals. Regular retail banks provide financial services to individuals but are not equipped to service businesses. Corporate banking provides businesses financial services like account holding, loans, capital, vendor management, and more.

Retail 52

Retail Corporation Banking Bank 52

Global Banking & Finance

JULY 11, 2024

By Jamie Beckland, Chief Product Officer at APIContext For banks, retailers and enterprise businesses, open banking and application programming interfaces (APIs) are a powerful combination that streamlines how financial data is exchanged.

Banking 45

Banking Bank Financial Transaction Retail 45

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

Razorpay

JULY 11, 2023

Current accounts are just as liquid as regular savings deposit accounts but do not earn as much interest, since the main purpose of a current account is to facilitate convenient transactions, and not earn interest income. Current Account for Startups Startups have very specific financial needs that banks must anticipate.

Accountant 40

Accountant Banking Bank Business 40

Razorpay

DECEMBER 20, 2023

Streamlined finances: No need to remember due dates. Point of Sale (POS) Terminals POS terminals are common in retail stores. Things to Consider While Selecting Payment Methods When selecting payment methods for financial transactions, consider factors such as security, convenience and cost-effectiveness.

Accountant 52

Accountant Business Banking Bank 52

Razorpay

AUGUST 6, 2024

Purchase Bills: Receipts for goods bought, often used in retail transactions. Bills are essential documents in financial transactions, serving as a record of goods or services purchased, the amount owed, and the agreed-upon payment terms. Credit Card Bills: Monthly statements of credit card usage and payments due.

Accountant 40

Accountant Utilities Business Sale 40

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 Models Financial Modeling Financial Statement 98