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Payment Management

An In-Depth Understanding of Neo-Banking and Its Features

Neo-banking is a term used to describe a new breed of digital banks shaking up the traditional banking sector. These banks are typically built...

A Complete Guide for Unique Transaction Reference (UTR) Number in India

When you open a bank account, the bank will assign you a unique transaction number, also known as a UTR number. This number is...

The Indian Currency- Basics, History And Who Issues It

Since ancient times, India has been a land of rich culture and tradition. India is also a land of vast geographical diversity. The Indian...

Plastic Money: Types, Uses and Future Of Plastic Money

In the past few decades, there has been a revolution in how we pay for goods and services. Plastic money, also known as credit...

IMPS, NEFT and RTGS: Read And Understand Different Digital Payment Systems

The interbank mobile payment service (IMPS) is an instant real-time interbank electronic funds transfer service through mobile phones. The service is available 24/7, 365...

A Quick Guide on the Financial EDI – Advantages and How it Works

In recent years, the financial industry has been moving towards electronic data interchange (EDI) to streamline processes and reduce costs. EDI is the electronic...

Everything You Need to Know About a Dormant Account

A dormant account has had no financial activity for a long period despite posting interest. According to RBI regulations, a savings account would be...

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