Digipay Guru

  Near-field communication (NFC) technology has become a great solution for seamless and contactless transactions as businesses migrate toward more modern and efficient payment systems. NFC payments provide speed, simplicity, and ease for businesses like yours and your customers. Like any new technology, though, security issues surface.  This article will give you a thorough view of the security value of NFC payments and why you ought to provide them with thought in your payment systems. What Is NFC and How Does It Work? Usually a few centimeters, NFC is a type of wireless communication whereby two devices exchange data over limited distances. Contactless payment systems, in which a customer's smartphone, NFC-enabled device, or even NFC prepaid cards can send payment data to a point-of-sale (POS) terminal, extensively rely on this technology. NFC technology is unquestionably convenient, but knowing the security mechanisms underlying it is essential to ensuring that you and y...

A secure financial system is one that does what it is supposed to. And it is supposed to empower all stakeholders and ensure a secure and seamless environment for digital payments. Tokenization is a modern and trusted technology in the digital payment industry that brings together both convenience and security for every customer. Today we are going to learn about tokenization, the revolution it is bringing into the financial system, and why it is a need for  digital wallet solution  providers. The increased use of mobile has increased the use of the internet & online shopping across the globe. This led to an increase in fraudulent activities which has resulted in a challenge for the credit/debit card industry. Identity theft, affiliate and clean, phishing, pagejacking, counter-attacks, merchant and triangulations are some shouting threats and frauds for businesses and customers both. Tokenization helps ensure the continuity of customer experience, protects businesses from ...

Remittances are monetary lifelines that allow certain overseas individuals to send money to their near and dear ones who live in their native country. Cross-border remittances flows are crucial to many families as well as countries. Traditionally, the high cost of sending remittances, commercial monopolies, and opaque transfer records are the common challenge that gives rise to the need for  digital international money transfer solutions . The fintech industry has seen remarkable growth since the turn of the century. The rise of internet usage and digitization of money are two major opportunities that are broadly changing the way we manage and move our money. The present generations are increasingly preferring secure, quick, and convenient money transfer solutions. Thus, you can provide them with a custom solution with the best remittance & money transfer software for cross-borders having the latest trends, features, and benefits which we will discuss in this blog. READ MORE :...

  FinTech is no longer a jargon of the banking industry. Instead, it has become a familiar term in technology in general. The Global investments in FinTech ventures has doubled to a whopping $112 billion as compared to $51 billion last year. This is more than an evidence to prove that the digital revolution is at the doorsteps of financial services sector. This revolution is having a huge impact on all the banks and financial institutions globally. But what actually FinTech is? Let’s see. What is FinTech? The term FinTech is derived by joining two words which are financial services and digital technology. In a nutshell, FinTech simply prompts the use of digital technology by startups to come up with innovative products and services such as  mobile payments , alternative finance, online banking, big data, and overall financial management. FinTech was introduced as a technology that was used at the back-end systems of financial institutions and banks. However, since then its def...

Customer acquisition and retention are two of the most difficult things to achieve for any business. Especially, in the current times when the competition is so cut-throat. Like every other business, fuel retailers also face this very problem. The advent of digitization is also impacting fuel businesses and making it difficult for traditional fuel retailers to stay in the competition. This is mainly because customers face a lot of trouble and hurdles while fuelling their vehicles in traditional fuel pumps. These hurdles and challenges associated with traditional fuel retailers are the very reasons that make customer acquisition and retention difficult. If these challenges are resolved then even traditional fuel retailers can stay in the competition. But what are these challenges? Let’s have a look. READ MORE :  How DigiPay.guru helps Fuel Retailers to acquire new clients & retain the existing ones?

  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...

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

The COVID-19 pandemic has majorly affected all our lives. Use of masks, sanitizers, and following social distancing protocols has become part of our daily lives. Even the businesses have adopted social distancing norms to survive in these dire times. Switching to social distancing mode has been difficult for those businesses which rely more on cash transactions and other payment modes which involve physical touch. The retail industry is a perfect example of this. However, the retail industry has found its saviour in the form of contactless payments. In this article, we will see how  contactless payments  are becoming the new normal for the retail industry. READ MORE :  How contactless payments are becoming the “new normal” for the retail industry