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Showing posts from August, 2021

Digitizing Government-to-Person Payments: Opportunities, Benefits, and Challenges

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  A massive number of 100 million poor people across the world receive government-to-person (G2P) payment. This huge number in itself shows how important G2P payments are especially for the poor segment of the world population. G2P payments which are also referred to as government social protection payments are the payments made by the government authorities to the people for their welfare. These payments include government transfer payments like social benefits, pensions, and unemployment benefits. It also includes government wages and tax refunds. G2P payments are done across the world; however, the way it’s done differs in various countries. For example, in 90% of the developed nations, G2P payments are done digitally. Whereas, in more than half of the  developing countries , G2P payments are made via cash and checks. But in recent times, governments are moving from a cash-based system to a fully digitized G2P payments system. READ MORE :  Digitizing Government-to-Pers...

Everything you need to know about Neobank

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Neo Banks have emerged as the latest buzzword in the FinTech industry. It has taken the entire FinTech industry by storm. In a way, it’s redefining the banking sector at once by showing what the possible future of banking could look like. But what exactly is a Neo Bank and why is it such a big deal? In this blog, we are going to discuss the same along with comparing it with traditional banks and digital banks. Furthermore, we will also discuss its top benefits. So, without further ado, let’s begin. What is Neo Banks? Neo Banks can be defined as digital banks that have no physical branch whatsoever. It can be called a truly branchless digital bank. Instead of physical branches, Neo Banks have their presence entirely online. Neo-bank targets tech-savvy users who prefer the majority of money management via their mobile app or other digital media. You can call NeoBanks the FinTech firms which provides a wide range of financial services like money transfers, money lending, mobile-first fina...

DigiPay.guru introduces the admin top-up feature

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DigiPay.guru is the next generation mobile wallet solution provider that is empowering the FinTech companies by offering them with cutting edge features and elaborative use cases. Our goal is to empower future FinTech leaders by providing them with world-class payment solutions that can serve multiple industries. Furthermore, we believe in the continuous improvement of our solution. For this, we are adding newer updates to it to make it more efficient and feature-rich. So continuing this tradition, we have introduced its latest product update in the form of an admin top-up feature. Now, our admins can easily top-up the wallets of their agents and customers. READ MORE : DigiPay.guru introduces the admin top-up feature