Author name: PayAid

Tokenization has become a buzzword in the payment industry. With the increase in the number of cybercrimes, it has become necessary to find ways to secure payment information.    What is Tokenization? Tokenization replaces sensitive information with non-sensitive information, referred to as a token. The payment industry involves replacing a credit card number with a …

Understanding Tokenization: A Comprehensive Guide for Beginners Read More »

The payment processing industry has undergone a significant transformation as the world is becoming more digitised, and online transactions are increasing rapidly. From traditional cash-based payments to online payments and digital wallets, the evolution of payment processing has completely revolutionised how we pay for goods and services.  Understanding Payment Processing Payment processing is the process …

The Evolution of Payment Processing Read More »

Secure Your Transactions with PayAid Payments.  There has been a stupendous growth in digital transactions worldwide and India has led the race by choosing this mode of transaction in a big way. The growth in India has been phenomenal that its 90% over a span of 2 years. such digital transactions involve several agencies to …

Secure Your Transactions with PayAid Read More »

5 Tips and Tricks to Grow Your Ecommerce Business: The ecommerce business is growing by leap and bounds. The pandemic had further added fuel to the fire and thus ecommerce business is expanding way beyond the previous projections with the introduction of ecommerce platforms like WordPress and Shopify; one can build a website in no …

5 Tips and Tricks to Grow Your Ecommerce Business Read More »

Payment Fraud Prevention Tips for Your Online Business. With the introduction of online payment solutions to customers, customers enjoy a more convenience shopping experience, whereas the merchants are able to expand their online business. However, it also brought in the risk of payment frauds; wherein the fraudsters steal or buy another person’s payment information such …

Payment Fraud Prevention Tips for Your Online Business Read More »

Chargeback is basically a charge that is relined to a payment card after a customer disputes an item on their account statement. Chargebacks can occur on a debit or credit card and it can be granted to a cardholder for variety of reasons. However, over the years chargebacks have become a major problem for the …

Effective ways to avoid chargeback menace by Ecommerce Companies Read More »

PayAid is a multi-faceted conglomerate which provides very cost-effective next generation payment infrastructure, which assist the small medium and large industries to accelerate the payment procedures and payment acceptability; in a simple and lucid way. This enables them to enhance their business profitability growth both in India and also internationally.  PayAid is one of the …

PayAid… A Bolster for the Business Read More »

Social distancing during the current pandemic has seen a huge surge in cashless payments. With the advent of the contactless payment, few years back the merchants initially were reluctant to embrace this new technology. However, this behavior underwent a drastic change during the two years of the pandemic. The consumer became more familiar of the …

Contactless payment …… Is it a bonanza for merchants? Read More »

Struggling with your Legacy MIS Reports? We Have A Configurable and Customizable Solution for You! Almost all businesses these days run on technology and everything is heavily dependent on systems, from a small internal process in the company to client interactions. Management Information System (MIS) is the central application critical to the smooth functioning of …

Configurable and customizable MIS Read More »

Buy now, pay later: Helping India’s millions of STORES get access to finance.   In India, BNPL has found an additional — and perhaps more productive — application. Self-employed people, whose customers pay mostly in cash, have traditionally found it very hard to prove their creditworthiness to banks. Starting with Unilever in 1888, practically everyone …

BNPL – For Store finances Read More »