After announcing Note band of 500 and 1000 notes online transaction is on its peak. Even Indian Government is promoting Digitization by providing concession on petrol while paying online, which is very basic need for middle class people. As an individual person it is very easy to be digital because…
Using of above mentioned type of payment systems one thing is common, that is availability of internet. It becomes the major concern as most of areas in India do not have internet facility or signals are not strong there. To overcome this issue Indian Government has launch the USSD payment…
UPI payment system is electronically transfer funds from one account to another like NEFT and IMPS. But unlike NEFT and IMPS you do not need to register them into your bank account before transferring money, therefore it can also use for online payments. Working of UPI payment system To use…
Online wallets are the easiest way to take payments from customers is to make account with companies like PayTM, FreeCharge and MobikWik. These wallets are already very popular among the people who transact online as they are providing huge discount on transactions done by their website to acquire the market…
POS (Point of Sale) terminal is a payment terminal provided by the bank on which the merchant swipe or dip cards to receive payments. Type of cards can be different like Debit, Credit or any meal cards. Cards having chips embedded need to be dipped into the machine while card have…
When the term use Digital means to promote and use of digital currency as much as possible in your day today life. It is almost impossible to boycott the material currency but we can and we must find the alternates of doing small things online too. It is also becomes…