FIRC stands for Foreign Inward Remittance Certificate. It is issued by banks in India to provide proof of inward remittances of foreign currency. FIRCs are required for a variety of purposes, such as claiming tax benefits, obtaining government approvals, and opening bank accounts, etc.
If you are an online merchant, you must have heard of the term ‘Payment Service Provider’. That, or you are…
This blog will dive deep into the concept of (Virtual Payment Address) VPA in UPI (Unified Payments Interface). We will…
Cashfree Payments launches CVV-free payments on major card networks for its partner businesses which can reduce payment failures by up to 10%.
Do you want to know the PhonePe limit per day? Here’s a guide on the PhonePe transaction limits for customers (of all banks) and businesses!
Here’s a comprehensive guide explaining the difference between IMPS, NEFT and RTGS vs other payment modes! Take a look! Technological…
Global Collections simplifies cross-border payments for Indian exporters who can now easily collect international payments from across the globe.
In this blog, we will understand the concept of Prepaid Payment Instruments (PPIs) and PPI interoperability. We will also try…
As a business, have you ever faced the challenge of converting website visitors into customers? If your answer is yes,…