Digipay Guru

DigiPay.guru is glad to announce the latest product update as a versatile virtual prepaid card as a part of extending this tradition. Now, DigiPay.guru’s clients can pay seamlessly in a fast, secure and simple manner. But before we get into the details of the latest product update, let’s understand the meaning of a virtual prepaid card first. A brief overview of virtual prepaid card As the name suggests, virtual prepaid card is a contemporary one-time debit card that has no physical existence. You can use it to carry out online transactions only. So basically, a virtual prepaid card comprises a unique 16-digit card number, CVV and valid date that has been exclusively created for remote purchases. Apart from this, you can create a unique virtual prepaid card for every user or the user can create multiple virtual prepaid cards. You can set an expiration date or restrict the usage of virtual prepaid cards to particular suppliers or merchants. After getting an insight into virtual prepaid ...

  The COVID-19 pandemic has created unforeseen challenges for the global economy. The sharp decline in global business, liquidity issues, difficulties in accessing credit, disrupted income streams, bad debts, and lack of access to finance. Consumers without access to basic banking services have been the most affected. In the purview of future contingencies such as the COVID-19, banks and payment companies have  adopted an omnichannel strategy , which is agnostic and can serve the clients. This is where branchless banking offers innovative distribution while seamlessly speeding up reach. But to go branchless, traditional banks have to adopt a  branchless banking solution  to provide best in class services to their customers. And if you are a bank, then adoption of a branchless banking business model is the best choice for you. In this blog, we will provide you with a brief introduction of branchless banking. Also, we will show the challenges of the traditional banking...

Even though the world is transforming digitally, there are still areas that are untapped and untouched. Some of the developing countries are still at the   growth stage   of modern reforms such as Fintech, mobile money, etc. According to UBS , almost 1 billion people in these emerging economies don’t have a formal bank account, neither access to financial services. Here, we have a huge market for financial inclusion, services, and businesses. In the Sub-Saharan African region, there is a high volume of unbanked population. Over 90% of the financial transactions are done cash-based. Currently, super apps like OPay and Jumia Pay rule these markets in financial as well as  mobile money solutions  but these and many other services such as Airtel Money, MTN, etc took years of effort to get over the challenges and issues that have led them where they are today. As of 2020, mobile money transactions have reached 490 billion dollars in the SSA region itself. READ MORE :...

Today, we live in a world where our lives have become extremely fast-paced. We don’t like to wait even for few minutes. This is the reason why we are witnessing rise of online shopping where customers can buy items in a jiffy without waiting in the long queues. On contrary, this is also the reason why we are seeing a major decline in the growth of brick and mortar retail stores. To compete with ever-efficient and convenient online shopping sites, brick-and-mortar retail stores must reinvent their offerings. In the recent past, scan & go solutions have emerged as a savior for brick and mortar retail stores. Scan & Go is a cutting-edge self-checkout system  that makes shopping easy, fast, and secure. These system eliminates and eradicates all the cons of a retail stores that were previously causing a hurdle to offer rich shopping experience to their customers. Scan & Go technology is transforming the shopping experience across the world with its advanced features and cutt...

We are living in a digital age where convenience, rich shopping experience, and faster transactions have become a norm. eCommerce sites and applications powered by fast and   secure payment solutions   are majorly responsible for bringing this digital revolution in this space. This is the reason why many customers now prefer to shop online than going to a brick-and-mortar store. This digital revolution has also pushed brick-and-mortar stores to reinvent their offerings in such a way that they can offer an online shopping experience at their retail stores itself. And that’s the reason why retail stores across the globe are now adopting mPOS solutions to offer a rich shopping experience to their customers. But what is the mPOS solution and how does it work? In this blog, we will discuss the same along with discussing the reasons why retailers must go for an mPOS solution if they want to survive in this digital era. READ MORE :   online shopping experience with mPOS sol...

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?

Cutting-edge technology and evolution in FinTech sector have completely transformed the way banks operate today. It has made banking simple, convenient, and fast for users by digitizing most of the banking operations. The impact of technology on traditional banking has been something of a mixed bag. On the one hand,  Neobanks  are posing existential threats to the traditional banks. Whereas, on the other hand, mobile banking is helping banks to streamline their workflow, increase efficiency, reduce costs, and get access to wider audiences. Mobile banking is surely a win-win for both banks and users. Below are a few  stats  that show the prominence and potential of mobile banking: READ MORE :  Transforming banks across the globe