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How to Choose the Best Payment Gateway for Your Online Business

Starting an online business? One of the key steps is to select the right payment gateway to accept payments securely and smoothly. But with so many options available, how do you choose the best one? What Is a Payment Gateway? A payment gateway is a technology that processes online payments from customers. It acts as a bridge between your website and the financial institutions, ensuring that transactions are secure and completed quickly. Key Factors to Consider Ease of Use: Look for gateways that are easy to integrate with your website or e-commerce platform. Transaction Fees: Compare fees to find a cost-effective solution for your business. Payment Options: Choose gateways supporting multiple payment methods (credit cards, digital wallets, etc.). Security: Ensure the gateway complies with PCI DSS standards to protect your customers’ data. Customer Support: Good customer service is essential in case any payment issues arise. Recommended Resources If you want to expl...

Cancelled Cheque: What It Is, How It Works, and When You Might Need One

 If you've ever been asked to submit a cancelled cheque , you might’ve wondered: What’s the point of handing over a cheque that can’t even be used? Surprisingly, this little piece of paper holds a lot of weight in the world of banking documentation. ✅ What Is a Cancelled Cheque? A cancelled cheque is simply a cheque leaf that has the word “CANCELLED” written across it . It’s not signed, not filled out — just cancelled. But even without being “active,” it still shows vital banking details like: Your name (if printed) Account number IFSC code Bank name and branch These are exactly the pieces of information that many organizations need to verify your account. 🛠️ Common Uses for Cancelled Cheques You may need to provide a cancelled cheque when: Opening a salary account Setting up auto-debit for EMIs or utility bills Applying for loans or credit cards Completing KYC formalities Registering for mutual funds or insurance It’s used strictly for verifi...