Inside This Article
Introduction
As we know, NBFCs are performing an imensive job by providing credit facilities to specific niche sectors, viz., infrastructure and unbanked sections of the economy — thus, driving financial inclusion in India.
And the sector has reported a total annual growth of almost 18% over the previous few years and is…
Inside This Article
Introduction
Payment or merchant aggregators are third-party service providers allowing payment through several gateways without a merchant account with a bank or card association. PayPal was the first to offer such a service in 1998.
Traditionally this has been quite a manual and muddled process to negotiate with each bank, card provider, and other…