LLP Explained: All About Limited Liability Partnerships
Limited Liability Partnerships (LLPs) have become popular for businesses in India due to their unique blend of partnership and corporate structures. It provides operational flexibility, ease of operation, and tax…
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All You Need To Know About Payment Gateway Types and Their Uses
A payment gateway can be a merchant service useful in payment processing for several e-commerce sites and traditional brick-and-mortar stores. It is a safe and secure mechanism that transfers funds…
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What is the Merchant Discount Rate for Payments?
The Merchant Discount Rate (MDR) is a critical component in online payment processing, encompassing the fees levied on merchants for incoming transactions. Ranging between 1% and 3%, MDR involves a…
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Merchants Digital Wallet: Pros and Cons
Digital wallets have become increasingly popular payment options for merchants and consumers. Let’s explore the key advantages and disadvantages of merchants digital wallet and what you should consider when accepting…
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Fraud Detection in Payments – A How to Guide
Fraud is a growing concern in the digital payments system. However, businesses can proactively detect and prevent fraudulent transactions through advanced analytics, machine learning, and security measures. In this…
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