Currently, there are numerous payment systems available. Nevertheless, NEFT and RTGS remain highly beneficial in certain situations. People are curious to understand the distinctions between these two payment systems. In this post, I will delve into the dissimilarities between NEFT and RTGS. You will gain insight into the distinct applications of these two payment methods. […]
Payments Basic
About AEPS: Benefits, Full Form, and Registration
AEPS is a very advanced Payment System. It gives you money without ATM or Cheque book. Even you are not required to remember your bank account number. You have to only give your mobile number. This payment system uses your Aadhaar data for the authentication. 1. AEPS: Full Form And Meaning The Full Form of […]
QR Code: क्यू आर कोड का मतलब क्या है? कैसे काम करता है?
QR Code आज हमारे जीवन का हिस्सा बन चुका है। लगभग हर प्रोडक्ट पर आपको ये कोड दिख जाएगा। इतना ही नहीं हर दुकानदार ने अपने यहां क्यू आर कोड को स्टिकर चिपका लिया है। ये स्टिकर पेमेंट लेने के लिए होते हैं। आज हम इसी QR code को डिकोड करेंगे । आपको हम बताएंगे […]
What is QR Code? How it Works for Payment?
When you go for payment to the merchant at his store, you see a square image consists of some uneven pattern. It is a QR code. You scan this code and payment is completed from your desired payment option. But, did you ever think what is this and how the payment can be done only […]
How To Do Shopping Through ATM Card Offline and Online
ATM card is a plastic card which generally you use to withdraw money through the ATM. But the ATM card is not to withdraw money only. You can also use it for the shopping. You can shop offline and online both through the ATM card. Thus, let us see how you can enjoy shopping with […]
Transaction Limits of NEFT, RTGS, IMPS and UPI
There are many ways of fund transfer. But sometimes the transaction limit become very important. NEFT, RTGS, IMPS and UPI has different limits. So you must keep in mind when you want to transfer a big amount. In this post, I would tell you the fund transfer limits of NEFT, RTGS, IMPS and UPI. NEFT […]
NEFT and RTGS Timings in 2019 and Holidays For SBI, ICICI and HDFC
The RBI is gradually increasing the time window for the NEFT and RTGS fund transfer system. Since December 2019, the NEFT would be available round the clock. As of now It has limited hours of operations. Similarly, The RBI has also increased the time for RTGS operations. Meanwhile, you should pay attention on following points […]
3 Ways To Pay LIC Premium Online
Do you have an insurance policy in LIC and fed up to pay the premium by the queue in the LIC branch. Don’t worry, you may get rid of it. The online premium payment is hassle-free and you can pay it sitting at your home. In this article, I will tell you how you can […]
What is NACH Payment? How it Benefits to Customers?
Does your credit card bill gets automatically paid every month? If yes ! you must be using the NACH facility. I also use NACH service to pay credit card bills, electric bill and SIP. In fact, you can use this facility for all the recurring payments. Uses of the NACH The NACH is used when […]
The Digital Transaction Will Remain Free, Government Waives MDR
You should set aside the worry about the UPI payment. The government has said that there would not be any charge or MDR on the digital transaction. As of now the payment through BHI UPI, UPI QR code and Aadhaar Pay are free. But we all were apprehensive that this party may end. In the […]
What to Do If ATM Does Not Give Cash but Money Got Debited From Account?
Your concern is genuine. The ATM has not given the money. But, you have got the message of debit from your bank account. What to Do? Will you get back the money? How much time will it take and what is the process of complain. This post would guide you to mitigate this situation. I […]
MPIN in Mobile Banking of SBI, ICICI, Axis and BOB
The money transfer and banking through the mobile needs a PIN for authentication. If you are using your bank’s app for the common banking task, the MPIN would be used for the authentication. The MPIN is separate from the UPI PIN which is used in UPI Fund Transfer. Suppose, You want to check statement of […]