Razorpay

MARCH 21, 2024

A mandate is a standard instruction that you provide to your issuing bank and other institutions allowing them to automatically debit the mentioned amount from your bank account. E-mandates are electronic authorisations that allow payers to set up recurring payments for various services or subscriptions. How do e-mandates work?

IT 98

IT Bank Banking Accountant 98

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. This could be a major exchange like the New York Stock Exchange (NYSE) or an electronic communications network (ECN) that automatically matches buy and sell orders.

IT 52

IT Trading Accountant Investors 52

Razorpay

SEPTEMBER 17, 2023

It is a platform that connects your bank account to the platform where you need to transfer money. It plays the role of a third party that securely transfers your money from the bank account to the merchant’s payment portal. Bank Approval: Your bank reviews the request and checks your account. What is a Payment Gateway?

Banking 52

Banking Bank Financial Institution Accountant 52

Razorpay

APRIL 10, 2025

Electronic Mandate (eMandate) works as a standing instruction that allows banks to automatically debit the specified amount as recurring payments from your bank account. This ensures that the payer is the owner of the bank account and agrees to the terms and conditions of the e-mandate. How Does e-Mandate Work?

IT 76

IT Insurance Bank Banking 76