E-mandates are considered one of the boons in the world of the payment collection system. Do you remember how challenging it was to collect payments through lots of manual and paper-based work in banks? All thanks to the e-mandates. Because with e-mandates lenders and firms can collect recurring payments and operational expenses without any manual … Read more
Even though the world considers India a “Developed Nation”, as per data for the year 2021, it ranked 24th position in the list of Unbanked Countries of the world. It means that the banking system of the nation is still not up to the mark. For that reason and to tackle this issue, India has … Read more
The launch of Rupay cards was a breakthrough in India. How? It gained over 60% share in the Indian card market. This number was significant enough to shake the other well-established card networks like Visa and MasterCard in the Indian subcontinent. Doesn’t it make you wonder what has led to the immense rise of RuPay … Read more
