Browsed by
Tag: fintech

Financial Inclusion Through Fintech

Financial Inclusion Through Fintech

Fintech companies are uniquely qualified to drive financial inclusion through payments, which act as a gateway to various services such as savings, credit, and insurance. Payments services can be called transaction accounts which are operated by regulators. This can be used by regulators to enable users to meets financial obligations through payments and store the rest. Fintech can improve the design of payments and accounts by making them accessible, enhance the user experience, and provide assistance. As Fintech companies move…

Read More Read More

Virtual Credit Card Industry in India

Virtual Credit Card Industry in India

With everything around us gradually becoming virtual or network-based, our belief in using virtual cards has evolved. The modern digitized world calls for up-gradation to the latest and up-to-date alternatives from our otherwise traditional modes of payments and financial transactions. Though the conventional cash payment still holds true, the rising popularity of cashless transactions has changed how we deal with buying goods and services. What is Virtual Credit Card? It is simply a credit card, available online instead of a…

Read More Read More

Financial Inclusion through Fintech

Financial Inclusion through Fintech

Fintech companies are uniquely qualified to drive financial inclusion through payments, which act as a gateway to various services such as savings, credit, and insurance. Payments services can be called transaction accounts which are operated by regulators. This can be used by regulators to enable users to meets financial obligations through payments and store the rest. Fintech can improve the design of payments and accounts by making them accessible, enhance the user experience, and provide assistance. As Fintech companies move…

Read More Read More

Influence of Fintech startups on Payments industry

Influence of Fintech startups on Payments industry

In the past, transactions between merchants and customers used to take place in the form of gold, silver, cattle, and other physical commodities. Post-1971, the traditional transactions ended when the US and other world fiat systems detached from the gold standard and embraced the floating exchange rates. However, over the past 50 years, financial systems realized the payment systems built are obsolete with the entities embracing fintech disruptions like virtual currencies, distributed ledgers, and decentralized protocols. Fintech startups are led…

Read More Read More