Razorpay

MARCH 21, 2024

A mandate is a standard instruction that you provide to your issuing bank and other institutions allowing them to automatically debit the mentioned amount from your bank account. The NPCI mediates in case of any disputes or issues arising from such transactions and ensures compliance with the regulatory guidelines.

IT 98

IT Banking Bank Accountant 98

Razorpay

JANUARY 2, 2024

A payment processor is a financial service provider that enables businesses to accept and process customer payments securely. Payment processors play a crucial role in securing online payments by verifying transferred funds and protecting sensitive financial information from unauthorised access. How Does a Payment Processor Work?

IT 52

IT Accountant Funds Banking 52

Razorpay

OCTOBER 13, 2023

Wire transfer: Typically processed by banks or financial institutions through a secure and networked system like SWIFT (Society for Worldwide Interbank Financial Telecommunication), it is the most preferred method for cash-in-advance. But what’s next? It’s time to spread your wings and go global!

Business 64

Business Accountant Banking Bank 64

Razorpay

SEPTEMBER 17, 2023

Use Acts as a terminal for card validation and fraud prevention Acts as mediator between merchants and financial institutions to facilitate credit card transactions. A payment gateway is the simplest way for a company to receive digital or online payments via its website or app. Yes, it facilitates payments. Card Networks (e.g.,

Banking 52

Banking Bank Financial Institution Accountant 52

Razorpay

APRIL 10, 2025

e-Mandate Key Takeaways The financial institution you want to pay through e-Mandate must be registered with the National Payments Corporation of India (NPCI) to offer NACH services. The NPCI mediates in case of any disputes or issues arising from such transactions and ensures compliance with the regulatory guidelines.

IT 76

IT Insurance Banking Bank 76