May - 04
[wpseo_breadcrumb] AEPS (Aadhar Enabled Payment Method ) is a revolutionary idea which provides online interoperable financial transaction at PoS (Point of Sale / Micro ATM). PayMonk provides services such as Instant money transfer service, invoice payments, AEPS, IRCTC Bookings, Mobile/DTH recharge, etc.. A no. Of benefits related with AEPS portal are: Cash withdrawal from the Micro ATMs Cash deposits Funds Transfer Enquiries related to bank equilibrium Authentication services All The places where ATM infrastructures are not available, AEPS eases for monetary transactions. The best AEPS portal has been created by PayMonk so far. Anyone can register as white tag partner and can deliver services in nearby localities. The Consumers Aren't charged even one Cent, the banks cover agents. Since the white label partners are linked to The prestigious fintech company, they can always shoot for questions. Also, white Tag partners who provide AEPS services may also avail benefits should they adhere Using PayMonk for a longer duration. Recently PayMonk launched its UPI app which Can be obtained on Google Play shop. Source:https://gomedici.com/aadhaar-enabled-payment-system-connecting-the-banks-with-the-unbanked-and-the-banked/ About the Author: PayMonk is a fintech brand of Actas Technologies Pvt. Ltd. It is one of the leading companies in fintech brands.
Feb - 01
[wpseo_breadcrumb] Looking for fastest way to transfer money online services? There are plenty of factors behind money transfers, it changes among states and also depends on the amount. There are many cash transfer comparison tools available in the market. Generally, the quickest available ways are: 1. Worldremit: Provides a pool of 140 countries to select from. The available options are money pickup, Bank deposit, Mobile cash or airtime top-up. 2. Transferwise: Transparently displays its fee upfront and deducts it before conversion. In addition, it provides a fantastic customer support. 3. It provides money transfer services for 51 currencies. 4. Xoom: It is now a member of Paypal family, the global leader in digital payments. 5. Azimo: Provides prompt cash delivery to over 50 countries with a promising shipping deadline of 24 hours. Millions of individuals use it online cash transfer ways to send money to their friends and families. Overspending and maintaining a track of all of the trades was harder two decades back. Now, availing banking services is just matter of seconds. Online money transfer is by far the most used service today. PayMonk's network of retail agents can assist you with all your cash transfer needs. With PayMonk, it is possible to just be assured about your security and timely transactions. PayMonk is the fastest growing Fintech manufacturer of Actas Technologies Pvt. Ltd.. PayMonk caters to its customers by leveraging its powerful technology expertize unique to monetary domain. For more info, kindly visit: http://paymonk.com Source: https://www.quora.com/What-is-the-fastest-way-to-transfer-money-online
Jan - 22
[wpseo_breadcrumb] The “time to decision” for small and medium enterprises is approximately 3-5 weeks. Digitizing credit offers significant benefits to customers and banks. Digitization has become the norm for retail credit processes. Personal loan and other related services are becoming less time consuming with the digital transformation. Banks are now giving priorities to SME lending. The opportunities in such cases are always high. The key factors for choosing any digital lender are shorter approval and disbursement times. Beating the cash crunch has become significantly easy as one just needs to have a good digital lending partner. Many Fintech startups have come up with such revolutionary ideas and raised 2.5 billion $ in the last 7 years. The major benefit for customers here is that they don’t have to worry about their age and credit scores. The major obstacles in this digital revolution is the data acquisition and usage. An agile approach is required to deliver such online money transfer in India. The conventional mechanisms won’t work in a digital world. Whatsapp has shown interest to enter in this domain. The tech-giant company Google cannot remain silent, so it has plans for Google Pay that can offer short term loans. Paymonk, a rapidly growing full service Fintech Solutions Organization, provides cutting edge integrated Digital Financial Transaction Platform to its customers in India, North America, Europe & Africa. It has a vast retail network for digital lending services. Over the next two years, almost 400 million people are estimated to join the digital lending channels. For more info, visit: http://paymonk.com Source: 1. https://www.mckinsey.com/business-functions/risk/our-insights/the-lending-revolution-how-digital-credit-is-changing-banks-from-the-inside. 2. https://www.financialexpress.com/industry/fintech-the-rise-of-digital-lending/1364704/