Bank transfers are hard for businesses. Most of the businesses would’ve experienced interruptions in doing transfers because of fixed banking hours. Delayed payments often lead to a stoppage in services. Automated payouts can help your business maintain a reliable cash flow in operation, enhance invoicing and the payments process, and Read more…
Verifying the identities & financial circumstances of your customers are vital to ensure compliance with regulations. That makes KYC, and Bank account verification processes an important step while onboarding customers. The onboarding process is the official beginning of a direct and consensual relationship with an individual as a registered user. Read more…
Most businesses have adopted recurring based business models. There are multiple benefits for businesses that switch to a recurring business model, including steady cash flow, better inventory management, and reduced acquisition and retention costs. Industry estimates suggest that recurring payments’ current market opportunity is between INR 20-25 billion (Source). There Read more…
Virtual accounts are a trending topic among corporate treasurers, but what are they, and how have they evolved to improve business finances? Virtual accounts are non-physical accounts that have the same features as a standard bank account. Also known as ‘shadow accounts’, they don’t come with the workload and costs Read more…
In today’s competitive environment, firms seek to increase their growth opportunities, improve their client experience, reduce costs and enhance operational efficiency. To solve this common problem and get moving faster, APIs (Application Programming interface) have opened new opportunities in the fintech industry to offer innovative Banking and Financial solutions for Read more…