Fintechs – Products, Community, News
Fintechs – Products, Community, News
Futures and Options (F&O) are derivatives that allow investors to speculate on the future price of underlying assets, such as stocks or commodities. They provide opportunities for hedging and leveraging, attracting many retail investors in India. However, despite the allure of high returns, a significant number of traders incur losses. What are Futures and Options? […]
India is emerging as a global leader in fintech, surpassing many foreign nations in innovation, accessibility, and growth. Several key factors contribute to this phenomenon: 1. Robust Digital Infrastructure India’s digital payments landscape has been transformed by the Unified Payments Interface (UPI), launched in 2016. UPI allows users to make instant, seamless payments through mobile […]
Understanding Visa: An Overview Visa Inc. is a global leader in digital payments, facilitating secure and efficient transactions for consumers, businesses, and governments around the world. Established in 1958, Visa operates in over 200 countries and territories, connecting millions of merchants, financial institutions, and cardholders. Types of Visa Products and Services 1. Credit Cards: • […]
What is a Credit Line on UPI? A credit line on UPI is a financial service that allows users to borrow funds up to a pre-approved limit directly through the UPI framework. This feature integrates seamlessly with existing UPI apps, providing users with a convenient way to manage short-term expenses without requiring traditional loans. Key […]
Financial literacy is the understanding of various financial principles and skills that enable individuals to make informed and effective decisions regarding their money. It encompasses knowledge about budgeting, saving, investing, credit management, and understanding debt, taxes, and retirement planning. Importance of Financial Literacy In today’s complex financial world, financial literacy is crucial for navigating personal […]
A Merchant Management System (MMS) is a comprehensive platform designed to manage the relationship between acquirers (payment processors) and merchants. It enables acquiring banks or financial institutions to onboard, monitor, and manage their merchant accounts efficiently. The system serves as a backbone for managing contracts, processing fees, disputes, risk assessment, and transaction monitoring. It serves […]
Future of Cryptocurrency: Key Insights and Trends The future of cryptocurrency is poised for significant transformation, driven by the convergence of technological, regulatory, and societal factors. Here’s a detailed look into the possible future of cryptocurrencies: 1. Mainstream Adoption and Institutional Involvement Cryptocurrency is gradually moving from niche investments to mainstream financial products. Global companies […]
5th edition of Global Fintech Festival was held in Mumbai from August 28-30th. GFF is organized annually by the Payments Council of India (PCI), the National Payments Corporation of India (NPCI), and the Fintech Convergence Council (FCC). This year Chief Guest was Hon’ble PM Narendra Modi ji. For more details – Click here
To, Eric Garcetti US Ambassador to India Subject – Got cheated by a Microsoft Partner & Microsoft (a US based company) Dear Eric, Hope you are doing well in India. I am *****, a resident of India. This letter I am writing to you as a last resort after trying to reach out […]
RBI’s monetary Policy – April 2024 – Click Here – Reserve Bank of India