The definition of online banking is managing your bank accounts with a computer or mobile device. It can involve deposits, transfers of funds from one account to another, and electronic bill payments. Customers of traditional banks may usually access their accounts on the internet as well. Yet, mobile access is the primary benefit of online […]
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 benefits of payment gateway to better understand this topic. Benefits of payment gateway: It is secure and reliable real-time […]
Apple Pay is a mobile contactless payment system that uses the inbuilt NFC chip on an Iphon, Ipad or Apple watch. The wallet saves eight to twelve cards on the device, which can be used to make purchases at stores. So here this article gives the apple pay benefits to better understand this topic, Benefits […]
A stripe is an Irish-American financial service provider as well as in software businesses. The company have dual headquarter in San Fransisco, and another one is at Dublin, Ireland. In addition, stripe provides payment processing software like payment gateway and application programming interface for an e-commerce website or mobile application development. Therefore, let us check […]
Square demonstrated to retailers all across the world that processing could be done more easily, anytime and whenever they were. However, there are no monthly fees with square and the transaction charge is cheap. Thus, let us check out the pros and cons of a square to better understand this topic. Pros of Square | […]
PayPal is one of the world’s major online payment processors. PayPal has grown in popularity as a result of its collaboration with eBay, and online retailers all over the world now accept PayPal as one of their approved payment methods. So let us check the benefits of PayPal to better understand this topic. What are […]
You can pay from your bank with Zelle’s instant same-day transfers. Users can submit money even if they don’t have the software installed on their smartphones. However, you can also download an app and link it to a bank account. So, in order to better understand this subject, this article lists the pros and cons […]
A mobile-based social commerce network that allows users to send money through all forms of transactions. It assists with bookkeeping and collecting customer feedback. The ability to incorporate tailored incentives and a cashback experience increase customer loyalty. So here this article gives the Venmo pros and cons to better understand this topic. Pros of Venmo: […]
Cash app is a mobile payment service. The service was launched in March 2015 as a response to the growing growth of peer-to-peer transfer. Cash app is a function is roughly comparable to Venmo’s. Nonetheless, it lacks social components. So here this article gives the pros and cons of cash app to better understand this […]
Thousands of retailers are using PayPal to cater to millions of consumers using the same platform around the globe., PayPal is commonly referred to as the most trusted and accessible method. So here this article gives the pros and cons of PayPal to better understanding this topic. Pros of PayPal: It is easy to setup […]
Credit cards have become an essential life tool. They can be used to make purchases you don’t have the cash for. Or to purchase something from a remote seller without having to wait for a physical check to be delivered. So here this article gives the pros and cons of credit cards to better understand […]
Phonepe is an all-in-one digital wallet based in India that can be connected to a single debit/credit card or bank account and used for all of your online needs. The UPI-based platform protects any transaction from cybercriminals, keeping users’ financial information secure. So here this article gives the advantages and disadvantages of PhonePe to better […]
UPI stands for unified payment interface, it is a unique user ID that bank uses to accomplish real-time money transactions. The national payments corporation of India set up by the reserve bank of India and the Indian banks association back UPI. It facilitates the transfer the money between bank accounts and interconnectivity through IMPS, which […]
IMPS stands for immediate payment service, which is provided by Indian banks to their customers to help them carry out the interbank transfer in real time. Customers do not need to wait for the bank to open to transfer money and are free to transfer funds on weekends, holidays, or weekdays. The maximum amount that […]
NEFT stands for National Electronics Fund Transfer. It is used to transfer money from one account to another through net banking. It saves time by not going to the bank to proceed. NEFT is simple, it is paperless, and there is no need for a checkbook or demand draft to transfer the money. The main […]
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. The main benefits of RTGS are its real-time processing, high transaction limit, security, accurate settlement, […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]