Escrow Account Explained: Types, Uses & How it Works?
When a transaction involves both money and trust, risk becomes inevitable. An escrow account helps reduce that risk by ensuring that funds are…
What is a Credit Note? Meaning, Uses & Benefits Explained
Every business transaction doesn’t always go as planned. When customers return products, dispute charges, or receive incorrect invoices,…
A Guide to the 4 Main Types of Purchase Orders
Key Takeaways The four PO types: Standard, Blanket, Contract, and Planned are not interchangeable. Relying only on Standard POs creates…
What Is a Merchant Category Code (MCC) and Why It Matters?
Merchant Category Codes (MCCs) quietly influence many critical decisions in digital payments—from transaction approvals and processing fees to…
Virtual Accounts for Collections: How to Automate Reconciliation
Running a business in India often means juggling multiple payments from customers, vendors, or clients—and keeping track of who paid what can…
How E-commerce Marketplaces Automate Vendor Payouts
The Indian e-commerce landscape is a dynamic, fast-growing market. From bustling online fashion stores to hyperlocal delivery platforms, a new…
What Does Payout Mean in Business? How Payouts Differ From Payments
Learn what payout means in business, how a payout schedule works, and how payouts are processed. Understand the difference between payments…
Real-Time vs. Scheduled Payouts: Pros And Cons
Discover the pros and cons of real-time vs scheduled payouts. Learn how businesses can automate vendor, employee, and partner payments with…
Types of Payouts Explained: One-Time, Recurring, Bulk & On-Demand
Explore the four types of payouts—one-time, recurring, bulk payout, and on-demand—and how businesses manage local payouts efficiently at scale.
What Is eMandate & How Does It Work? | A Complete Guide
Recurring payments are becoming the norm—whether it’s subscription platforms, SIPs (Systematic Investment Plans), loan repayments, or utility…