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Stay tuned to all the latest updates from the leaders in payment space, Innoviti

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What Does a Payment Gateway Do with Your Data?

25th October, 2022 – 6 MINS READ

A payment gateway is a piece of software that digitally links a customer’s bank account to a merchant’s bank account. When a cardholder uses their card to make any purchase,

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What’s The Difference Between A Merchant Account And A Payment Gateway?

25th October, 2022 – 6 MINS READ

Businesses, irrespective of their size, require a payment system to facilitate effortless transfer of funds.

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Digital Payments in India Trends to Watch Out for in 2022-23

25th October, 2022 – 6 MINS READ

UPI and other digital payment methods have become the most preferred payment method, both for consumers and merchants.

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How Billing Apps on POS Machines Are Helping Merchants Boost Profitability

25th October, 2022 – 6 MINS READ

Ever since the worldwide pandemic, customers’ payment preferences have changed. Consumers have quickly shifted from using cash to card payments by swiping or tapping,

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What Do You Need To Know About Electronic Payments Systems?

25th October, 2022 – 6 MINS READ

More and more customers are preferring to pay digitally even for the smallest denominations. This has further increased after the advent of the Covid-19 pandemic,

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A Unique Way to Carry Out International Transactions

25th October, 2022 – 6 MINS READ

Digitization has carved endless possibilities for online money transfers. Furthermore, with a rise in e-commerce, digital payments have become even more crucial.

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Importance of Flexibility in a Payment Gateway API

25th October, 2022 – 6 MINS READ

APIs have revolutionized payment systems and permanently changed how a customer pays. As more and more customers develop a taste for integrated

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How a Payment Gateway Helps Your Business Grow

25th October, 2022 – 6 MINS READ

Benefits of using a payment gateway Here are the top benefits of using a payment gateway:

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Closed-Loop Payment Systems: Why Adopt? Why Implement?

25th October, 2022 – 6 MINS READ

In our tech-driven era, there are a ton of payment solutions available out there. While many of them offer similar features and have a wide variety of benefits, it is crucial to understand how they impact your business.

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How Cloud Technology Can Future-Proof Digital Payments

25th October, 2022 – 6 MINS READ

Today, digital payments have been integrated with the cloud to meet the growing needs — of computation and use — of the financial sector.

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COVID-19: What it means for the Payment Industry?

25th October, 2022 – 6 MINS READ

The payment industry has been remarkably dynamic in the last few years. Some of the indicators that add fuel to this notion are – dizzy valuations, double-digit growth rates,

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Top 10 Must-Have Features of a Digital Payment Gateway

25th October, 2022 – 6 MINS READ

A digital payment gateway is a merchant software that makes efficient and straightforward digital payments a reality.

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What Is a Virtual Account? Streamlining Payment Reconciliation In 2022-23

25th October, 2022 – 6 MINS READ

Conventionally, accounts are balanced against the funds deposited in the merchant account. Though this might look straightforward,

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Multi-Currency Payment Gateways: How Can Indian Merchants Accept Foreign Transactions?

25th October, 2022 – 6 MINS READ

The retail world has become comparatively smaller. With continued efforts toward globalization,

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Difference Between 2D And 3D Payment Gateway

25th October, 2022 – 6 MINS READ

Payment Gateways act as a medium for processing payments from the customer’s bank account to the merchant’s account. It securely transfers money from one party to another.

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5 must-have features when choosing a payment gateway

25th October, 2022 – 6 MINS READ

In a recent study, Boston Consulting Group predicted that by 2026, 65% of all payments in India will be done digitally.

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Can We Expect Transaction Charges on UPI? An Explainer

30th August, 2022 – 6 MINS READ

Are you aware of the discussion paper released by the RBI about UPI transaction charges? Worry not! We’ll break down the important bits of UPI for you!

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How Collaborative Commerce Drives Phone Sales?

30th August, 2022 – 6 MINS READ

Innoviti’s transaction data reveals that more customers are buying on brand EMI. Leverage our data insight to design your business strategy.

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What does increasing UPI transactions mean for card payments?

25th August, 2022 – 6 MINS READ

With rising UPI preference among consumers, will UPI co-exist with cards? What does this mean for offline merchants and enterprises? Boon or Bane?

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Retail Payment Trends in 2022

25th August, 2022 – 6 MINS READ

India, a predominantly cash economy, has adopted digital payments at an unprecedented rate. In 2021, India’s UPI (United Payments Interface) ended on a high note.

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Payment Aggregator vs Payment Gateway?

25th August, 2022 – 6 MINS READ

A payment gateway is a payment processing software. Payment gateways only deal with online transactions and are equipped with restricted payment options. Examples of payment gateways include Axis bank, HDFC, Union Bank of India, etc., as in India, most banks act as payment gateways

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A Simple Guide to Credit Card Processing

25th August, 2022 – 6 MINS READ

Regardless of the sector, almost all businesses eventually reach a point when it is essential to accept credit cards. A credit-card friendly business attracts a consumer base eager to spend and a world of opportunities.

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The Best Payment Gateway for your Business

25th August, 2022 – 6 MINS READ

A payment gateway is a third-party merchant service provider that authorizes credit and debit card payments. It is a front-end platform installed into the PoS terminals that captures and encrypts transaction data which is later processed to complete the transaction.

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All You Need to Know About PCI Compliance

22th August, 2022 – 6 MINS READ

The term PCI is the abbreviation for Payment Card Industry. With several million card transactions taking place on a daily basis, credit card companies have developed the concept of payment card industry compliance or PCI compliance to ensure the security of the financial transactions made through a credit card.
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All You Need to Know About Contactless Payment

22th August, 2022 – 6 MINS READ

Contactless payments are wireless financial transactions in which the customer authorizes monetary payments for purchase by moving a security token near the vendor’s point of sale (POS) reader.

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BNPL – The Challenges That Come With It

22th August, 2022 – 6 MINS READ

A Buy Now, Pay Later (BNPL) is a point-of-sale loan that is offered at the time of checkout. A BNPL allows the customer to pay for a product over a specified period rather than paying the retail price upfront.

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How PoS Systems Can Make a Difference to Your Business?

22th August, 2022 – 6 MINS READ

Point-of-sale (POS) systems are no longer a run-of-the-mill, time consuming, failure prone and tedious.

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Shaping the Future of Payments with Innoviti Android POS Terminals

22th August, 2022 – 6 MINS READ

From clunky cash registers and legacy PoS terminals we have come a long way with Android mobile PoS terminals. Sleek, fast and touchless, find out what they have to offer!

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Payment Gateway vs. Payment Processor

22th August, 2022 – 6 MINS READ

Learn about the difference between a payment processor and gateway and understand how they work together with a merchant account to let you accept payments from your customers.

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Charge Slip 101

22th August, 2022 – 6 MINS READ

Charge Slip refers to the receipt that is issued after using a credit card in a swipe machine or point-of-sale (PoS) terminal to pay for any purchases.

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Payment processing fee – What and Why?

12th August, 2022 – 6 MINS READ

Businesses frequently struggle to understand the. Little do you know, however, that payment processing fees vary depending on the amount used.
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Rewards That Come With Using Your Credit Cards

17th August, 2022 – 6 MINS READ

Did you know that you get reward points for spending on a credit card? Reward points equals freebies. What points are they and how can you redeem them?
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Neo Bank vs. Traditional Bank

17th August, 2022 – 6 MINS READ

Imagine a bank at the tip of your fingers. A bank that functions completely online. Neobanks are a recent FinTech phenonment reshaping the banking sector.
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The Future of Banking is Phygital!

17th August, 2022 – 6 MINS READ

Digitization has made banking exciting and easy. This welcome change seems to be blurring the lines between digital and physical banking. Is phygital banking the future?
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7 Good Reasons to Have a Credit Card

17th August, 2022 – 6 MINS READ

Recent data shows that the average credit card user spends 40x more than a debit Read further to discover the benefits of credit cards.
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The Problem with Online Payments in India

17th August, 2022 – 6 MINS READ

With online payments, the world is our playground and cashless transactions help us save time and money at every turn. However, there are a few flaws in online payment.
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How to accept credit card payments

12th August, 2022 – 6 MINS READ

Accepting a credit card payment has never been easier. Learn the two ways to accept them: payment service providers or merchant getaways.
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Financial Independence in the FinTech Era

12th August, 2022 – 6 MINS READ

As 75 years of independence comes to a close, India’s financial versatility has shown unbounded resilience especially in terms of our foray in the FinTech space. How did we get here? Where are we headed?
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Advantages of Paying Through Cards in 2022

11th August, 2022 – 6 MINS READ

Despite being a cash loving economy, gone are the days when we had to carry wads of cash for large transactions.
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How well do you know your credit and debit cards?

10th August, 2022 – 6 MINS READ

Credit cards and debit cards are financial instruments and look the same, but, there’s a lot more to it behind the scenes. Learn more about it in the article here.
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Simple hacks to increase your credit score

10th August, 2022 – 6 MINS READ

Worried about how to increase your credit score? These simple tried and tested hacks can help you improve your financial credibility. Have a look at these hacks!

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What is Payment Fraud and How Can it be Avoided?

10th August, 2022 – 6 MINS READ

61,100 complaints of digital payments were recorded in May, could the next complaint be yours? Read further to discover the causes and remedies for online payment fraud.

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The Evolution of MSMEs in India

19th July, 2022 – 6 MINS READ

What is MSME? Understand the significance of it and how digital payments are revolutionising the MSME sector herein below.

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How does No Cost EMI work?

July 15th 2022 – 6 MINS READ

Why not use a no cost emi to save money? Learn more about it and it’s uses to more efficiently manage your expenditures.

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Tokenization paving the way for secure digital payments

July 14th 2022 – 6 MINS READ

‘RBI’s latest mandate on Tokenization (Circular dated 7th September, 2021)brings with it not only increased security and safety of online transactions but also the ease of a single-click payment. It’s a big step towards an innovative and secure digital payment ecosystem.

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A Revolutionary change – Credit cards & UPI what’s new?

JUNE 13 2022 – 6 MINS READ

Credit cards can now be linked to your Unified Payments Interface (UPI) according to Reserve Bank of India (RBI) new guidelines. Isn’t it a eureka moment for India’s Retail Digital Payment sector!
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The Power of Brand Collaboration-by Rajeev Agrawal

JUNE 13 2022 – 5 MINS READ

Thanks to digitization, the consumer today has an explosion of choices from different brands, at a low cost. The result is a clutter in the consumer’s mind. Innoviti’s collaborative commerce platform brings diverse businesses under the same roof and clears this clutter.
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What is the purpose behind your payment transactions?

JUNE 13 2022 – 5 MINS READ

The prevalence of electronic payments took over like a storm in the past decade. Increased convenience of not carrying cash and robust security protocols while making the transactions has contributed dramatically to what has become a new normal today.

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Innoviti as a workplace – explored through canteen discussions!

MAY 10 2022 – 5 MINS READ

They say your workplace is your second home. Here is an adventurous read of how Innovitians are Innovitians behind the scenes in their most candid habitat. Read more to find out how Innovitians create a culture that brands would love to have.

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Is Zero cost EMI on non-branded electronic items possible?

MAY 10 2022 – 5 MINS READ

What are you more scared of, life or death?
“EMI”, said a corporate slave.

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Electronic Payment System: Why Does Your Business Need One?

MAY 09 2022 – 5 MINS READ

Businesses are upping their game by bringing an experience to their consumers that is smart & easy. But how? Let us introduce you to an electronic payment system that most leading brands are using in order to stay relevant in the marketplace.

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10 benefits of shopping from your nearby store

MAY 09 2022 – 6 MINS READ

When was the last time you could bargain before purchasing? Do you feel hand-twisted when shopping online?

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What makes a product great?

APR 29 2022 – 3 MINS READ

Great products have a clearly defined sense of purpose, deliver value in a singularly focused way, and are designed for audiences to create a habit for the products they use daily. Here is Mr.Rajeev Agarwal decoding what it takes for an excellent product design to come to life.

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Innoviti gains consumer trust by reducing double debit

APR 29 2022 – 5 MINS READ

Double debit is a common problem for consumers where the network gets disrupted leaving the merchant with no credit while the consumer is debited for the purchase. Here’s how Innoviti’s Patent technology brings an end to double debit.

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How SMBs are fighting back using Innoviti’s modern technology

AUG 14 2018 – 5 MINS READ

Last month a new hashtag trended on twitter #Purifyecommerceweek.
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What are the hurdles in the path of creating a world-class payments ecosystem in India?

AUG 14 2018 – 5 MINS READ

Widespread internet penetration, a slew of government reforms and sustained investor interest in payment space has led to a surge in digital payment adoption by consumers and merchants.

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How can AI tools help merchants in growing their businesses?

AUG 14 2018 – 5 MINS READ

Artificial intelligence is expected to take digital technology to the next level & here is how Innoviti’s smart AI is bringing a transformational change to the local merchants by helping them grow their businesses. Read more to find out how Innoviti has helped change business using AI.