Blog
Corporate Payments And Collections, The Paradigm Shift
For banks worldwide, payment and collection solution services are an increasingly important source of revenue and driver of loyalty among corporate customers. For corporate offices and SMEs, expectations around the efficiency and convenience of payments are growing...
India’s UPI: Transforming Banking and payments landscape
The digital payment landscape in India is undergoing a massive transformation. The past few years have seen a significant exodus to digital payments especially after the strong steps implemented by the government (read: demonetization) in favor of cashless economy....
Why Should Banks Go For An Integrated Payments Hub
The payments landscape within banks is often-times complicated due to the many intertwined fragments such as payment type, currency, clearing mechanism etc. which comes as a part of the age old legacy systems. In most cases, banks have to deal with multiple different...
Importance of Automated Reconciliation System For Corporate Collections
Automating the reconciliation process of corporate accounts can boost the speed of one of the most time-consuming tasks in any finance and accounting department. Without a doubt, manual reconciliation is the least efficient process in a company. Still, many medium to...
What Is A Payment Aggregator And Why Would You Need One
Payment aggregation, also known as merchant aggregation, is a business model in which a third-party payment provider is also known as the ‘payment aggregator’ signs up merchants directly under its own merchant identification number (MID) to process transactions...
What Are Corporate Bulk Payments And How H2H (Host To Host) Systems Work
Businesses today are involved in financial transactions with a number of banks and financial institutions. Corporate Treasury departments are faced with multiple responsibilities such as optimizing cash, maintaining liquidity, securing finance, controlling risk and...
Real time benefits of real time payment
Real-time payments have seen a steady worldwide growth in the past few years. Growing consumer demand for a speedy and convenient transaction has provided impetus to the popularity of RTP over traditional payment methods. With financial transactions now taking place...
The Future of Real Time Payments in India
Real-Time Payments (RTP) is the new global buzzword in payments ecosystem today, being driven by end-customers requirement for speed, convenience and security. RTP is being or already has been implemented in more than 20 countries and are being adorned by customers everywhere. America has been the latest nation to join the bandwagon with its Clearing House recently announcing the launch of its RTP system.
Real Time Payments (RTP): Transforming the US Payments Landscape
Real-Time Payments (RTP) is the new global buzzword in payments ecosystem today, being driven by end-customers requirement for speed, convenience and security. RTP is being or already has been implemented in more than 20 countries and are being adorned by customers everywhere. America has been the latest nation to join the bandwagon with its Clearing House recently announcing the launch of its RTP system.