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We looked inside some of the posts by financialsoftwareandsystems and here's what we found interesting.
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When it comes to the Central Bank Digital Currency (CBDC) in India, one question that often gets asked is why India needs a CBDC when it already has UPI and of course, cash. Most people believe that UPI already solves the problems that typically come with cash. And to a large extent, that is true.
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FSS Simply Payments 2024 - Transforming Business: Reimagining payments in a technology first era The financial services landscape is undergoing a profound transformation, driven by rapid advancements in technology. From AI and digital payments to UPI and sophisticated fraud prevention techniques, these innovations are not just enhancing the customer experience—they are fundamentally reshaping how businesses operate in the payments space. For more details, visit https://www.fsstech.com/simply-paymen…
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AI-driven Capabilities Enhancing Future of Payments Industry A few days back, we brought together visionary leaders from the payments and banking industries at FSS Simply Payments, our flagship event. Among all of the interesting topics that were discussed, AI took center-stage as the leaders discussed how technological advancements will help increase digital payments and reduce payment frauds. The Economic Times covered this exclusive event. Check out the feature in the latest issue of Payments Watch. Visit us https://www.fsstech.com/payment-processing/upi
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AI Powered Payments - The new era of speed & Security In a world where staying competitive means embracing innovation, AI driven solutions are no longer optional-they are essential. Curious how this technology is shaping the future of payments? This article provides an insight to how AI is making payments faster, safer & smarter. Visit us https://www.fsstech.com/
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The future of payments is here! This year, Simply Payments 2024, powered by The Economic Times, brings together industry leaders and innovators to redefine the payments landscape. Join us on 28th November as we explore "Transforming Business: Reimagining Payments in a Technology-First Era. Visit us https://www.fsstech.com/simply-payments-2024/
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The future of payments is here! This year, Simply Payments 2024, powered by The Economic Times, brings together industry leaders and innovators to redefine the payments landscape. Join us on 28th November as we explore "Transforming Business: Reimagining Payments in a Technology-First Era. Visit us https://www.fsstech.com/simply-payments-2024/
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NRIs can Now Send Money to India using UPI NRIs now have a faster, more convenient option than traditional wire transfers to send money to family or make payments in India. NPCI has extended UPI access to NRIs who hold NRE or NRO accounts. This allows NRIs to conduct instant transactions from their smartphones using UPI linked to their international mobile numbers, simplifying financial connections with India. Visit us https://www.fsstech.com/payment-processing/upi
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FSS Payment Gateway Financial Institutions, Payment Processors and Merchants are able to reduce risk and optimize revenues using FSS Internet Payment Gateway, first to be PA-DSS 3.0 certified. Visit us https://www.fsstech.com/omnichannel-payment-acquiring/payment-gateway
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The Need for CBDC in an Era of UPI and Cash Why does India need CBDC when we already have UPI and of course, cash? Both cash and UPI have their positives but also come with their own set of negatives. Can CBDC come in here and become the one answer to all of these problems? Visit us https://www.fsstech.com/payment-processing/upi
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FSS Payment Gateway – Accelerate Merchant Onboarding with Integration APIs Financial Software & Systems Visit us https://www.fsstech.com/omnichannel-payment-acquiring/payment-gateway
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RBI Extends Transaction Limits for UPI 123Pay and UPI Lite UPI 123Pay and UPI Lite are two features that RBI had introduced to make UPI payments even more convenient and easy than they already are. Recently, RBI further enhanced these features by increasing their transaction limits. Customers using UPI123Pay, which provides UPI functionality on feature phones, will have a per-transaction limit of ₹10,000, up from the previous cap of ₹5,000. The per transaction limit for UPI Lite was also increased from ₹500 to ₹1,000. Read more on this in the latest issue of Payments Watch. Visit us https://www.fsstech.com/payment-processing/upi
UPI payments
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Join the Payments Technology Revolution! FSS, a leader in payments technology and transaction processing is now hiring! Visit us https://www.fsstech.com/
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