Nikunj Gundaniya

What is a Neobank and how does it differ from traditional banking?

The concept of digital banking is not new anymore. But certainly, the trend of it has been growing quite a lot these days. The banks that are on digital platforms are now organically fitting the world’s known digitalization. Even smartphone, in that case, has become...

How Unbanked Population is Receiving Benefits from Branchless Banking?

People's pursuit of a cashless society has a long history. The development of cutting-edge equipment that can replace cash for electronic payments by technology companies, the digitization of financial institutions, and the government's proposal for citizens to use electronic payments are all measures to...

Enhance Security of Your Payments with Biometrics

Security becomes a crucial thing for you when it comes to digital payments. That is why banks and FinTech companies are using secure credentials for strengthening their payment security. But today, these methods have become obsolete as they have failed to prevent the innovative...

7 Benefits of Electronic Payments

Generally, businesses view payments as just another form of customer touchpoint, but the tremendous shift in the technology has proved that the electronic payments are going to create a lot of opportunities for the businesses to grow faster. Because of the constant technical advancements,...

Ways to combat digital payment frauds in the times of COVID-19 pandemic

The COVID-19 pandemic has affected every industry vertical adversely. But the payment industry has witnessed an upsurge even in the crucial times. However, this increase in online payments has also increased digital payment frauds. As per statista, approximately 24 per cent of correspondents have...

How mobile payments are changing the restaurant industry?

Starbucks was the first-ever company to start offering mobile payment solutions to its customers. It has helped them to reinforce their public images or to attract a new audience as well as to create high industry standards in customer services. Today, restaurants are following...

Why Do eWallets Have More Popularity in Developing Economies?

In recent years, the use of electronic money, from a tool for online shopping, has become an alternative method of payment to the use of cash also in supermarkets and clothing stores. At the same time, the security of our payment cards can be...

Boosting Financial Inclusion Through Mobile Wallet

Digital innovation in the form of mobile wallets has become the key to unlock and hence increasing the strategic outcomes for the business and the community. These Mobile Wallets have become part of our day to day life. In fact, during the time...

Understanding Online Payments in 2020

What a year it is! 2020 is surely a year worth remembering with a hard blow on the economy and businesses. However, COVID-19 has not been negative to all the businesses. There are some of the businesses that have managed to make a prominent mark,...

7 Ways to Make Digital Payment Methods More Effective

With the increased use of the internet across the globe, More and more businesses have marked their footprints on the internet to enhance their market. Consumers and users have started to shift from the traditional payment method to the cashless payment method especially digital...

Cashless Payment System, the Proof of Technology Evolution

The evolution of technology across the globe is getting better and greater every day. In the financial industry, there are various innovations developed to make human life easier, efficient and enjoyable at all times. With Coronavirus pandemic, cashless innovation has proven a reliable system,...

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