Omnichannel Payment Reconciliation for Your Business
Omnichannel Payment Reconciliation for Your Business Omnichannel Payment Reconciliation is critical when the ‘savvy consumers’ demand a more effortless shopping experience. Retailers accepting single payment channels must rethink their internal sales process and payment support infrastructure to sustain their business. If a retailer wishes to be ahead of the competition curve to expand its customer […]
Best Practices in eCommerce Payment Reconciliation
Best Practices in eCommerce Payment Reconciliation The biggest task for the finance and accounting teams (F&A teams) of any company is payment reconciliation specially eCommerce sector. As more and more companies are moving to become direct to consumers (D2C) and adopting an omnichannel approach, payment reconciliation is becoming more challenging. It is now necessary for […]
Top 10 Payment Gateways in India 2022
Top 10 Payment Gateways in India 2022 The use of payment gateways is on the rise in India. It is not just because of the increase in internet users. But also mainly because of the pandemic pushing individuals towards non-contact payment methods. As per Statista, the Indian payment gateway market which was estimated to be […]
Amazon To Revise its Online Selling Fees For Sellers Starting September 1, 2021
Amazon.in is inarguably the largest online marketplace in India. With an easy registration process, 24×7 customer support, and additional service solutions, it has simplified online selling for small business owners in India. Moreover, with fulfilment options like FBA and Easy Ship, sellers can focus on the core business elements. The marketplace has revolutionized Indian retail […]
What is Buy Now Pay Later? (India)
BNPL or Buy Now Pay Later is a term you should have come across by now. But do you know what is it? And how incorporating it into your e-commerce business can help? Well, we’ll explain. BNPL is a fairly new short-term financing method. Much like credit and as the name suggests, a consumer buys […]
How does Amazon’s seller payments system work – from order to money in the bank
When it comes to payments from marketplaces to Third-Party Sellers there are a few terms that can help understand the seller payment system with most marketplaces such as Amazon, Flipkart, Snapdeal, and Paytm. To reduce confusion in minor differences this is with respect to Amazon’s seller payments system. What are payment ‘Settlements’ First up this […]
