Month: April 2021

Advantages and disadvantages of NEFT

Advantages and disadvantages of NEFT

NEFT stands for national electronics fund transfer. It is used to transfer money from one account to another account from net banking. It saves time without going the bank transaction is proceed. NEFT is simple and it is paperless and is no need for a chequebook or demand draft to transfer the money. So here this article gives information about the advantages and disadvantages of NEFT to better understand this topic. Pros or Advantages of […]

Advantages and disadvantages of RTGS

RTGS stands for real-time gross settlement, it is a facility provided by the banks. This enables funds to be transferred instantly and fully from one bank to another and from one location to another. Which is on an individual order basis. So here this article gives the advantages and disadvantages of RTGS to better understands this topic. Pros or Advantages of RTGS: RTGS is one of the safest as well as the fastest mode of […]

Advantages and disadvantages of BHIM APP

Advantages and disadvantages of BHIM app

BHIM app will enable fast, secure, and reliable cashless transactions through a mobile app. BHIM app is developed by NPCI. This app is launched to encourage cashless transactions across India. However, you can send and receive money by using the app instantly. So here this article gives the advantages and disadvantages of the BHIM app to better understand this topic. Pros or Advantages of BHIM App: This mobile app is easier than wallets. In addition, […]

Advantages and disadvantages of paytm

Advantages and disadvantages of Paytm

Paytm wallet was introduced years ago and during that time, it made it easy for people o recharge a mobile phone, pay bills, and other such things. It is reliable and it offers multiple modes of payments for the user. So here this article gives the advantages ad disadvantages of Paytm to better understand this topic. Pros or Advantages of Paytm wallet: It is quick and safe. Widely accepted today. Paid bill payment, recharge book […]

Biometrics advantages and disadvantages

Biometrics advantages and disadvantages

Biometric authentication is based on specific human characteristics and is a what you are component. In addition, Biometric features may be used to authenticate identification in a variety of ways. DNA, fingerprint, facial recognition, and eye scan are physical biometrics whereas, speech, handwriting, and signature recognition are behavioural biometrics. So, here this article gives information about biometrics advantages disadvantages to better understand this topic. Pros or Advantages of biometrics: It has improved security. In addition, […]

Advantages of amazon | Disadvantages of amazon

Advantages of amazon

Every new seller making the transition to the Amazon marketplace automatically access a global audience. In this article a few trends in the amazon e-commerce marketplace in general. So here this article gives the advantages and disadvantages of Amazon online shopping to better understand this topic. Advantages of AMAZON: Many potential customers are only interested in items available on Amazon. Well-established amazon partner program for affiliates. By using the option, shipping via amazon you outsource your entire shipping logistics and benefits from low shipping cost. […]

Advantages and disadvantages of snapdeal

Each and every e-commerce company has its own advantages and disadvantages. There is a set of a challenge involved in selling your product on Snapdeal. In addition, the major competitors of the snap deal are Flipkart and amazon, amazon being the toughest competitor. Therefore, we can check out here the advantages and disadvantages of Snapdeal to better understand this topic Pros or Advantages of Snapdeal: Save money and avoid the hassle of going from store […]

Advantages and disadvantages of flipkart

Advantages and disadvantages of flipkart

Flipkart is India’s largest online megastore and often called Indias amazon. Flipkart initially focused on online book sales before expanding to a variety of categories such as electronics, beauty and health care, gaming, mobile phones, computers, hair care, home and kitchen, personal care, and so on. Let us check out the advantages and disadvantages of Flipkart here in this article. Pros or Advantages of Flipkart: Flipkart has a wide range of Blu-ray and 3D movies, […]

Advantages and disadvantages of google pay

Google pay is a digital payment app all over India. It was the previous name for the app and it was recently renamed. However, In addition, to the change in name lot of additional features are added to this app to increase popularity. It also offers pre-approved loans on the go in go in association with ICIC bank and HDFC bank. Let us check the advantages and disadvantages of google pay/wallet to better understand this […]

Advantages and Disadvantages of E-Banking

Advantages and disadvantages of E-Banking

Over the years the banking has drastically changed and has affected the lives of millions of individuals around the globe. In addition, E-banking is internet banking is an electronic payment system customers of a given can perform all their banking transactions. So here this article gives the advantages and disadvantages of E-banking to better understand this topic. Pros or Advantages of Electronic banking: The cost of operation per unit of service is lower for banks. […]

Advantages and disadvantages of ATM

Advantages and disadvantages of ATM

ATM stands for automated teller machines, it is an electro-mechanical machine that consists of automated banking platforms that allow the client to perform a smooth transaction without the assistance of a branch representative or teller. A debit card or credit cardholder should be able to withdraw cash at most ATMs. ATM is beneficial in allowing clients to conduct fast self-service transactions such as cash withdrawals, deposits, bill payments, and account to account transfers. So here […]

Advantages and disadvantages of credit card

Advantages and disadvantages of credit card

Credit cards have a poor name, but when used safely, they can be a valuable financial method. This article explains the benefits and drawbacks of credit cards or advantages and disadvantages of the credit card to help you better understand the topic. Pros or Advantages of credit card: building credit history A quick source of funds in an absolute emergency No accrued interest if the bill is paid on time and in full each month […]

Advantages and disadvantages of debit card

Despite the fact that debit cards are commonly used, many people are unaware of their benefits and drawbacks. Debit cards resemble credit cards but operate similarly to cash or personal checks. So here this article gives the Advantages and disadvantages of debit card to better understand this topic. Pros or Advantages of debit card: A consumer who is not creditworthy and finds it difficult or impossible to obtain a credit card can more easily obtain […]

Advantages and disadvantages of payment gateway

Gateway is a kind of networking device that interconnects two devices in different networks so that they can communicate with each other. It acts as a gate for another network. So here this article gives the Advantages and disadvantages of payment gateway to better understand this topic. Pros or Advantages of payment gateway: Credit card validation and processing in real-time. Money is normally deposited into a bank account automatically. Reports are auto-generated for users. Doesn’t […]