In the world of recurring payments and collections, effectively managing unique case scenarios is key to ensuring a smooth payment experience. Whether dealing with interruptions during authorization or addressing issues such as blocked or closed accounts, handling these exceptions with care is essential. This blog explores how automated status updates and penny drop systems can navigate these unique scenarios and…
The world’s second-fastest growing digital economy, India, is also developing into a fintech and payments hub. Both public and private sectors in India are going through rapid digital transformation by embracing automation and advanced data analytics. The Impact of Demonetization and Covid-19 pandemic: The Fintech sector in the country is one of the industries at the forefront of transformation. India’s…
Digital payment solutions have offered users the best convenience, speed, and reliability compared to conventional payment systems. It has empowered anyone with a smart device to conduct transactions with ease, safety, and comfort. However, there can always be some scope for improvements and innovations. Here we have enlisted 6 ways to make digital payment methods more effective and convenient for…