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e-Wallet

e-Wallet

e-wallet stands for electronic wallet. It is a type of electronic card which is used for transactions made online through a computer or a Smartphone. The utility of an e-wallet is the same as a credit or debit card. An e-wallet needs to be linked with the individual's...

How does B2C airtime top up work?

How does B2C airtime top up work?

B2C (Business-to-Consumer) airtime top-up, also known as mobile recharge or mobile top-up, is the process by which individual consumers purchase and add credit to their prepaid mobile phone accounts. This is a common practice in the telecommunications industry,...

How does B2B airtime top up work?

How does B2B airtime top up work?

B2B (Business-to-Business) airtime top-up refers to the process of one business (typically a mobile network operator or a mobile virtual network operator) providing airtime or mobile credit to another business, often for resale or distribution to end-users. This is a...

What are the different modes of payout?

What are the different modes of payout?

There are several main payout types for money transfers, each with its own characteristics and purposes. The specific options available can vary based on the service provider and the countries involved.  Here are some of the main payout types for money transfers: Bank...

How Artificial Intelligence is transforming the world?

How Artificial Intelligence is transforming the world?

Artificial intelligence is a tool that helps businesses revolutionize the integration of information and data analysis along with improving decision-making using results-based insights. It is affecting people’s everyday lives, the economy, and governance. How...

How do promo codes work to grow your business?

How do promo codes work to grow your business?

Promo codes are basically permitting the customer to get the item they want for a inexpensive charge thus improving their overall shopping experience. They work very well with each new and returning customer because they can be used in many different ways.  For...

How does money transfer work?

How does money transfer work?

Before we start for "How does money transfer work?", lets understand basics   What is money transfer? Money Transfers is an electronic transfer of money from one bank account to another account or e-wallets, either within a single financial organization or across...

What is a gift card?

What is a gift card?

What is a gift card? A gift card is a prepaid debit card that contains a particular amount of money ready for use for a multiple choice of purchases. Gift card generally issued by a retailer or bank which can be used as an opportunity to cash when making a purchase at...

Find out “what is airtime top-up?”

Find out “what is airtime top-up?”

Airtime top-up is a service available from some telecom network providers that lets you purchase mobile airtime for a cellphone or mobile phone elsewhere in the world.  As soon as  you connect a mobile phone to a telecom network, you need to purchase credit to enable...

How can I start money transfer business?

When starting a money transfer business, it is important for you to analyze the market and determine factors like the potential affiliates, competitors and the primary customer base. But there are plenty of other factors that need to be kept in mind to make sure you...

How to get benefit from money transfer business?

Banks were the most expensive remittance channels, charging an average fee of 11 percent in the first quarter of 2019. Post offices were the next most expensive, at over 7 percent. Remittance fees tend to include a premium where national post offices have an exclusive...

Online Money Transfer Software

Online Money Transfer Software

VayuPay is tailored Online Money Transfer Software designed and developed specially for start-ups, small and medium businesses. It is Comprehensive Money Transfer Software System loaded with unmatched & advance features to effectively manage your  Money Transfer...

What is Airtime Top Up Software?

What is Airtime Top Up Software?

Customized Airtime Top Up Software – Allow your customer to send or recharge mobile for more than 400 mobile operators worldwide. Customized Airtime Top Up Software allows you to reach and service the people looking to send airtime top up to friends and families back...

What is Mobile Recharge Software?

What is Mobile Recharge Software?

Mobile Recharge Software  – Allow your customer to send or recharge mobile for more than 400 mobile operators worldwide. Vayupay Mobile Recharge Software allows you to reach and service the people looking to send airtime top up to friends and families back in their...

Keep Sanctions Screening in Your System

Keep Sanctions Screening in Your System

Sanctions Screening is the process of reviewing sanctions lists to check if any user/customer in your business process is involved in financing crime or terrorism, so that you can take the appropriate action. What is a Sanctions List? A sanctions list contains names...

Why is Anti Money Laundering extremely important

Why is Anti Money Laundering extremely important

Why is Anti Money Laundering extremely important? It is well understood that money launderers use deceit or theft to capture the processes of financial entities for illicit purposes. Therefore AML(Anti Money Laundering)program must execute inner control outlines that...

Engage More Customers With Online Money Transfer

Engage More Customers With Online Money Transfer

Splendid approach to engage more customers with Online Money Transfer Solution There are many of your customers working offshore from their families and loved once. Holding a business that is sponsored for their clients who are far-flung. Now what do they need? Money...

Tips to remember for online money transfer

Fees can vary widely depending on the provider you’re transferring with. Overall, providers make money on your transfer in two ways: by marking up the exchange rate and by charging you a transfer fee. Compare exchange rates: Use currency’s mid-market rate as a base to...