Digipay Guru

  Today, more and more people are moving abroad for work or education. According to the World Bank, an estimated 200 million migrants send money back to their home countries.  As more people join the global workforce, the importance of international money transfers, or remittances, has skyrocketed. Back in 2016, the international remittance market exceeded $530 billion and it continues to grow.  For banks and financial institutions, it is very important to have the right features in their International Remittance Software . Efficient services can help them attract more customers and improve their market position. In this article, we will look at the key features of international remittance solutions that can make your business more competitive. So let's get started!  11 Must-have Features of International Remittance Solutions  1. Low Transaction Fees Customers always look for affordable remittance services. When you start looking for international remittance sol...

  Digital Wallets mean money without cash. Surely they give us the freedom from that hard cash we used to carry a few years ago, but we cannot deny the fact that these services still deal with financial matters. And when it comes to finance, we need something more than just an application or software. Since there are a handful of ewallet software solution available in the market, it takes something special to lure customers and make a presence in the market. Here, we share a few features that your digital wallet software must have to offer enhanced convenience to your customers. Top Features for Your Digital Wallet Software  User-Friendly Interface Since your end customer may not be tech-savvy, you need to keep everything simple and self-explanatory. Make sure the interface and navigation are simple which even a novice can understand. Multiple Payment Options The digital wallet must offer multiple payment options, such as different bank accounts, wallets, UPI, credit cards, d...

  Considering the risks involved in the digital world, eKYC solutions are like a boon to any business that deals with financial data. The eKYC allows businesses like yours to identify details of the customers using electronic media.  It is the digital version of the “Know your Customer” protocol. eKYC is used to carry out verification and authentication of customer’s personal data. However, when designing a mobile application, eKYC is not a standalone solution. It is a collection of tools that help businesses onboard customers quickly and conveniently.  The following are the 5 digital KYC features that are changing the way businesses authenticate their customers. 5 eKYC features that make Customer Onboarding extremely Secure Face Matching The face-matching eKYC technology can verify the identity of the user based on his/her face captured in live photos or videos. It works by the implementation of machine learning technology that picks out unique attributes of the user’s ...

  In today's world of technology, the internet and mobile devices have significantly increased the use of financial applications. Many companies are now competing to offer the best financial services. A business study predicts that the global financial services market is expected to reach $44.93 trillion by 2028.  Currently, digital wallets are gaining popularity as they provide a convenient way for users to store, send, and receive money digitally. If you are a fintech company planning to launch or upgrade your digital wallet solution, an API-driven solution can be a game-changer.  In this post, we will explain wh at a digital wallet solution is and how it can improve your financial services. So let's get started!  What is an API-Driven Digital Wallet? An API-driven digital wallet is software that allows users to store, send, and receive money digitally through API integrations. APIs enable different software programs to communicate and share information or feature...