Are you an aspiring entrepreneur itching to take your business international? Or perhaps you’re an established exporter looking to streamline and simplify your export compliance? In either case, applying for and receiving an IEC code is crucial for your success. This blog is your one-stop guide to understanding IEC, its importance for Indian exporters, and ..read more

What Is An Online Money Transfer? Transferring money from a particular bank account to another, either within the same financial institution or between other institutions, is referred to as an online money transfer or electronic funds transfer (EFT). This is done by a web-based service delivered via computer-based technologies. Whether you’re using a mobile payment ..read more

e-Commerce POS integration refers to connecting and creating communication between two main business channels – an offline POS system and an online e-commerce platform. This integration is crucial as it helps businesses sync data, sales, and inventory across both channels, offering streamlined operations and shopping experience. This guide will cover the definition and importance of ..read more

About Donatekart The inception of Donatekart began during the Chennai Floods 2015 while volunteering with Goonj Delhi, when the founders Sarang Bobade, Sandeep Sharma and Anil Reddy noticed that people were buying goods like rice and flour from e-commerce giants like Amazon and Flipkart and shipping them to NGOs. But the on-ground needs were different- people urgently needed tarpaulins, mosquito nets, and blankets. There was a gap in providing donations based on what was needed on-ground. This realisation led to the innovative idea of creating a platform where NGOs could start campaigns by lis ..read more

In today’s competitive landscape, secure payment processing is paramount for businesses. Merchant onboarding plays a crucial role by integrating a business with payment service providers or gateways. This process establishes an efficient and compliant payment system, improving customer trust, reducing fraud risks, and smoothening transactions. Businesses should approach onboarding with careful planning to tailor their payment setup. Let’s understand what is a merchant account, merchant onboarding meaning, how it works, and its benefits. What is Merchant Onboarding? Merchant onboarding is the p ..read more

We at FAE Beauty conceptualize and create beauty products for everyone. We bring to everyone something real, authentic, and unfiltered.– Karishma Kewalramani, founder of FAE Beauty. While sharing her brand’s ethos of inclusivity and authenticity, Karishma also highlighted the operational challenges FAE Beauty faced, including high Return to Origin (RTO) rates and a cumbersome checkout process. This Magic Checkout case study reveals how FAE Beauty effectively addressed these pain points. FAE Beauty: Redefining Authentic Beauty FAE Beauty, which stands for “Free and Equal Beauty,” was founded ..read more

If you have just started a new business, you may get confused between purchase orders and invoices. There are many similarities and variations between invoices from the vendor’s billing department and purchase orders from the buyer’s procurement department. Therefore, it is necessary to understand the difference between a purchase order and an invoice for the proper functioning of procurement and AP (accounts payable) departments. Difference Between Purchase Order and Invoice The buyer issues a purchase order (PO) to specify the goods or services they want to acquire and the quantities. In con ..read more

In the dynamic landscape of digital payments, innovation is the key driver propelling businesses to new heights. Razorpay, a leading payments solution provider, recently unveiled Turbo UPI, a cutting-edge in-app UPI payments product designed to elevate user experience and streamline transactions.  In an exclusive interview with ixigo, one of India’s leading travel platforms, we sit down with Ameya Sood, AVP – Product (Payments), to delve into the details of ixigo’s choice to adopt Turbo UPI which is called “1-Click UPI” on the ixigo apps. Join us as we unravel the journey of this transfor ..read more

Why does customer engagement matter? An article by American Express suggests that it is five to six times more expensive for businesses to find a new customer than it is to retain an old one. Omnichannel retail businesses often struggle with customer engagement and retention after the purchase due to: Limited touchpoints Inefficient targeting Blanket offers and promotions These challenges necessitate a strategic approach and investment in new engagement mediums to create a seamless and personalized post-purchase journey.  The solution? RazorpayBillme Digital Bill is the soluti ..read more

For your customers, every second counts. They expect a seamless, quick, and safe checkout experience. Razorpay ensures your checkout process not only meets these expectations but exceeds them, turning window shoppers into just shoppers. We’ve designed a checkout to help your customers through every stage of the purchase journey, from the consideration stage to the payment confirmation and even post-purchase. With our innovative features, you can transform your checkout experience into a powerful tool for growth, enhancing customer satisfaction and driving your sales to new heights. And here ar ..read more