Accountant Bank Mediation 
Razorpay
MARCH 21, 2024
In 2001, you needed money and had to take a bank loan. After visiting your bank, you received a pamphlet with loan details. You compared other banks, gathered documents, submitted them, and waited for verification. You approached a bank for a loan and realized you could avail benefits without visiting the bank.
Razorpay
OCTOBER 13, 2023
A letter of credit (LC) is a contractual agreement between the importer and exporter’s bank, promising payment upon meeting the mentioned terms and conditions in the LC. This is done by providing specific documents, which upon verification by the banks, releases payment from the buyer’s bank to the exporter’s bank.
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Razorpay
JANUARY 2, 2024
A payment processor is a service that facilitates online transactions by securely transmitting payment data between the merchant, customer, and acquiring bank. Payment processors encrypt sensitive payment information, verify availability, and transfer funds from the customer’s account to the merchant’s account.
Razorpay
SEPTEMBER 17, 2023
It is a platform that connects your bank account to the platform where you need to transfer money. A payment gateway authorises you to conduct an online transaction through different payment modes like net banking, credit card, debit card, UPI, or the many online wallets that are available these days. Card Networks (e.g.,
Peak Frameworks
AUGUST 24, 2023
A brokerage is a company that mediates transactions and fosters market liquidity in the financial markets by acting as a middleman between buyers and sellers. These can include account maintenance fees, inactivity fees, and fees for additional services like research reports or access to premium trading platforms. Start trading.
Peak Frameworks
SEPTEMBER 12, 2023
While they're seen in numerous sectors, their significance shines particularly in investment banking , private equity, and corporate finance. Clients often pay lawyers, accountants, and consultants a retainer fee in order to retain their services. A retainer fee is money paid to ensure that a professional will provide services to you.
Razorpay
APRIL 10, 2025
It was introduced by the Reserve Bank of India (RBI) and the National Payments Corporation of India (NPCI). Electronic Mandate (eMandate) works as a standing instruction that allows banks to automatically debit the specified amount as recurring payments from your bank account.
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