Latest opinions that Nikunj Gundaniya has shared on Finextra

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Nikunj Gundaniya

Product manager

Digipay.guru

Member since

27 Dec 2019

Location

Ahmedabad

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Nikunj's opinions

Why Financial Institutions Need Advanced Money Transfer Solutions for Remittances?

In today’s global economy, remittances have become vital for maintaining financial links between families and individuals worldwide. Millions transfer money to their home countries every year, requiring efficient, fast, and secure money transfer software As a financial services provider, you must satisfy this growing demand for money transfers whi...

07 October 2024 /payments /inclusion Banking

Strategies to reduce cross-border payment costs for your business

Running an international business is a necessity in today’s globalized marketplace, but it comes with the challenge of managing cross-border payments. Ensuring that payment systems are seamless, quick, and reasonably priced is absolutely vital for business doing international business. High fees, changing exchange rates, and long processing times

30 September 2024 /payments /inclusion Banking

7 things you need to consider before implementing a self-checkout system

More and more retail store owners like you are moving away from traditional cashiers. This is because they want to enhance their business efficiency and offer their customers more control over their shopping experience. In this regard, opting for self-checkout systems is the best bet for retailers like you. These systems are already popular among...

27 September 2024 /payments /inclusion

5 features of prepaid card solutions to modernize hotel payments

As a hotеl businеss, providing a sеamlеss and convеniеnt paymеnt еxpеriеncе for your guеsts is crucial in today's fast-paced digital world. With thе risе of contactlеss and mobilе paymеnts, it is еssеntial to stay ahеad of thе curvе. And еmbracе modеrn solutions that not only strеamlinе your opеrations but also еnhancе thе ovеrall guеst еxpеr

23 September 2024 /payments /retail Banking

Importance of offering international remittance services as banks

Remittance services generally include high transaction volumes, which can generate significant revenue for banks. If you manage a bank, the offset costs of offering these services can provide you with a stable source of income over time. By offering remittance services, you can build customer loyalty and trust. This can lead to repeat business a

19 September 2024 /payments /inclusion

Why should your business consider offering prepaid cards and digital wallets?

In this tech-savvy financial landscape, businesses like yours that provide digital payment services are under increasing pressure to stay competitive by offering more flexible, convenient, and secure payment options. If you are dealing with digital wallet services and prepaid card solutions, there's nothing like prepaid cards vs digital wallets

17 September 2024 /retail /inclusion Banking

Key considerations for selecting a cross-border payment solution in the financial industry

Businesses trying to reach out and interact with global customers depend on cross-border financial transactions. Your business's ability to guarantee flawless, low-cost, safe transactions depends on choosing the correct cross-border payment system. A reliable cross-border payment solution is a necessary part of your financial strategy. It is more

16 September 2024 /retail /inclusion Banking

The importance of transparency in reducing fraud in cross-border payments

Cross-border payments are now constituting most of the global economy. Whether you are ordering products and services online through cross-border transactions, remitting money to relatives overseas or even providing cross-border transaction services, cash transferability is absolutely essential. However, this relative increase in connectivity also...

12 September 2024 /retail /inclusion Banking

The role of digital wallets in modernizing digital payment systems

With the digital age fast approaching, businesses and consumers see a major shift in how payments are made. Digital wallets have altered the ecosystem, making it possible for people to pay faster and safer with higher efficiency than conventional transaction methods. To stay relevant and compete in today´s market your business must embrace digital...

10 September 2024 /payments /inclusion Banking

Overcoming the challenges in implementing eKYC solution in your business

The digital transformation of businesses has sped up the adoption of various technologies, and one of the most significant shifts has been the move towards eKYC solutions. This is very important for eKYC because it assists in preventing fraud, ensures regulatory compliance, and improves customer experiences. However, implementing eKYC solutio

28 August 2024 /payments /inclusion