Blog Category: Editor’s Pick

Historically, internet banking operations in India relied on a complex network of fragmented bilateral integrations. Payment aggregators were required to independently negotiate, develop, certify, and manage bespoke, one-to-one connections with individual banking institutions to facilitate purchases or payments through net banking as a payment method.This decentralised approach resulted in a structurally fragile architecture characterised by… Continue reading Banking Connect: The End of a Broken Model, and the Infrastructure Bet Every Bank CTO Needs to Make Now

Every card transaction, whether tapped at a POS terminal or completed at an online checkout, involves five entities working in sequence: the customer, the merchant, the acquirer bank, the card network, and the issuer bank. What feels instant to the end customer is, underneath, a structured chain of authorisation requests, risk checks, and fund movements… Continue reading Issuer vs. Acquirer Explained: Who Does What in a Card Transaction?

Money has changed form before, from commodity to coin, coin to paper, paper to digital bank balances. What’s happening now is different. Central banks themselves are moving to issue digital currency directly rather than through commercial banks as intermediaries.Over 130 countries, representing approximately 98% of global GDP, are actively exploring CBDCs, according to the Atlantic… Continue reading Central Bank Digital Currency (CBDC): Complete Guide to Digital Sovereign Money

India settles over 85 lakh bill payments every day through a single network. A network that can handle everything from electricity bills in rural Maharashtra to SaaS subscription renewals for enterprise software companies.That network is Bharat Connect. And for any business that collects recurring or bill-based payments, understanding how it works isn’t optional context. It’s… Continue reading Bharat Connect: How Billers Benefit From It?

Behind every effortless UPI payment, a quick QR scan, and a secure PIN entry lies one of the most demanding real-time payment infrastructures in the world. While millions of Indians use it daily for everything from buying tea to investing in IPOs, few realise that the “magic” of a successful transaction doesn’t happen in the… Continue reading UPI Switch Explained: Essential Guide for Banks & PSPs