Payment Settlement Guide

Payment Settlement Guide- Understand the Payment Settlement Process

Customer purchases a product from an e-commerce website, he then, selects the payment option and pays through various payment options available. Before the money reaches e-commerce (merchant) bank account, it passes through some simple steps. This process is known as settlement. In simple words, settlement is the process through which a merchant receives money paid …

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India Post Payment Bank

What is India Post Payments Bank and how does it work? Here’s 10 things to know

The launch of India Post Payments Bank (IPPB) by Prime Minister Narendra Modi on 1st September 2018 has put the spotlight back on payments banks. The government has envisioned that the new bank model will take banking to the doorstep of every citizen through the unmatched network of post offices. What are payments banks? They …

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mPOS- accept card payments on delivery

Here is laxman’s story of how he started accepting Card Payments on Delivery through mPOS

Laxman works as a delivery boy for a small café located in a very posh area of the city. His café is bustling with business and is growing considerably. It is a one of a kind, small and affordable café that serves the most scrumptious delicacies around. Every day, Laxman has to go around making …

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Go Cashless with mGalla

Here is Monica’s story of how mGalla helped in flourishing her home-made Bakery Business

Meet Monica, a 25 year old entrepreneur who has created a buzz with her home baked cookies, cupcakes and extravagant cakes. Monica has always loved baking and soon enough she is planning to establish her homemade baked goods into a professional cake shop. Everyday Monica takes order for two cakes which she gets delivered within …

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Go Cashless with mGalla

Here is Shyam’s story of how he started accepting Digital Payments to flourish his business

Meet Shyam, the owner of Shyam Kirana Stores. He has been in the business for more than 20 years, constantly growing his business and increasing his sales moderately. But the advent of movements like Digital India, elimination of cash and other redundant form of payments led his business on the verge of collapsing. Cash, which …

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