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What is Payment Security? Actionable Guide to Securing Your Online Payments

Razorpay

However, fraud vulnerabilities and security breaches make internet security a challenging task. This can be achieved by having sufficient security measures in place. You must have various online payment security measures in place to protect customer data and to provide them with a safe experience.

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What is Payment Security? Actionable Guide on Types & Secure Payment Gateway Protocols

Razorpay

Payment security is a critical concern for businesses in 2023, as the digital landscape continues to evolve. It encompasses protective measures and protocols to safeguard sensitive payment information during online transactions. According to the IBM Security report of 2023, the average cost of a data breach in India reached INR 17.9

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What is Payment Processing? How It Works and Its Advantages

Razorpay

Payment processing is the backbone of financial transactions in today’s digital world. A seamless payment solution hinges on this knowledge, ensuring a secure and efficient exchange of funds for goods and services. This reflects the growing importance of digital transactions.

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IMPS vs UPI: Difference Between IMPS and UPI Fund Transfer

Razorpay

In this comprehensive blog, we will delve into UPI vs IMPS detailed comparison, highlighting key factors such as convenience, security, and cost. In India, IMPS and UPI have emerged as widely used electronic funds transfer methods, revolutionising the way people conduct financial transactions. What are IMPS and UPI?

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How to add beneficiary without any cooling off period?

Razorpay

A beneficiary is a person or organization that benefits from a will , trust , retirement plan , insurance policy , ann uity , financial transaction or another arrangement. Select the option for third-party transfers or fund transfers. Once the beneficiary is activated, the funds are transferred to the specified account.

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Unified Payments Interface (UPI): Meaning and How it Works?

Razorpay

UPI works on a highly secure, layered architecture with multiple levels of encryption, ensuring the confidentiality and integrity of data during transactions. Let’s understand the meaning, role, UPI transaction flow, process of UPI transaction, functions and methodology of UPI: What is Unified Payments Interface (UPI)?

IT 98
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Guide to Payment Methods, How to Accept with Pros and Cons

Razorpay

They offer various features and security measures to suit individual preferences and situations. Payment methods can take various forms, from traditional cash transactions to the latest digital innovations. Debit Card Payments Debit cards allow you to make transactions by deducting funds from your bank account.