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We looked inside some of the posts by financialsoftwareandsystems and here's what we found interesting.
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Inspiring Leadership Insights: For a customer-first future at FSS | Celebrating CXX Week In celebration of our Customer Experience Excellence (CXX) Week and as a testament to our ongoing commitment to customer centricity, here is a special video message featuring our leaders from across FSS. This video is a call to action for all of us to embrace and embody the principles of customer centricity in everything we do. Visit us https://www.fsstech.com/
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We are all geared up for CXX Week 2025!
FSS CXX Week is a celebration of customer-centric innovation, a time to recognize our everyday heroes, and a reminder of our commitment to delivering excellence. With a focus on excellence in innovation, we continue to push boundaries, build smarter solutions, and create exceptional experiences that drive success. Innovation isn’t just about technology-it’s about people. It’s about those who make a difference everyday. Visit us https://www.fsstech.com/
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A leap of innovation from the FSS stable. We're excited to launch a game-changing initiative that will turn bold ideas into real impact. Innovation has always been at our core, and now, we are taking it to the next level! Something big is coming—an opportunity for the brightest minds at FSS to collaborate, challenge the status quo, and create the future of payments. The excitement is building, and the journey is just beginning! Visit us https://www.fsstech.com/
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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/digital-banking/unified-payment-interface
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Large Retailers Deploying PoS Terminals while Smaller Businesses Prefer QR Codes As more and more businesses, as well as consumers, start preferring UPI over other payment methods, it is time for the government to rethink the zero-MDR regime. FSS CEO, Balasubramanian V, spoke to The Economic Times about how banks need to make money on real-time payment transactions to be able to invest in building safety features on digital payments. Visit us https://www.fsstech.com/payment-processing/upi
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The UPI Fee Debate: Striking a Balance Between Affordability and Sustainability
A survey report by LocalCircles in March revealed a startling fact: more than 70% users may stop transacting via UPI if there is a fee! The debate over fees for UPI transactions drew everyone’s attention in August 2022 when the Reserve Bank of India (RBI) released a discussion paper proposing a tiered fee structure for UPI payments. Visit us https://www.fsstech.com/payment-processing/upi
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UPI has radically transformed digital payments in India. But how did it become mainstream and face of digital payments? Well, its unprecedented popularity stems from a confluence of factors that converged to make it the go-to choice for a vast and diverse user base.
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A survey report by Local Circles in March revealed a startling fact: more than 70% users may stop transacting via UPI if there is a fee! The debate over fees for UPI transactions drew everyone’s attention in August 2022 when the Reserve Bank of India (RBI) released a discussion paper proposing a tiered fee structure for UPI payments. However, the proposal was not taken forward and the government said it would not levy any charges since UPI is a ‘digital public good’.
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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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