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 Public Transit Needs Closed-Loop Payment Solutions for Better Fare Management

As a transit operator, it must be challenging for you to manage fare collection efficiently. The ongoing struggle with revenue leakage, high operational costs, and passenger dissatisfaction due to payment complications affects all kinds of transit networks. And if you are operating with traditional fare collection methods, then you know how diffic...

24 January 2025 /payments

Personalized Shopping in Fashion Retail: How Mobile Self-Checkout Creates a Tailored Experience

If you are a fashion retailer, you are always in search of how to enhance the customers’ experience. Customers today are spoiled and demand convenience and personalization, and these are not niceties – they are necessities. Of the technologies that address these expectations, mobile self-checkout is one that can be considered effective. This syste...

23 January 2025 /payments

Importance of face recognition for eKYC identity verification?

With the advancement in technology solutions around the world we have seen the importance of having a fast, secure, and reliable identity verification. This is especially important if you are in the banking sector. The faster you verify the identity of the customer, the better services you provide. Advanced technologies like eKYC solutions with fa...

20 January 2025 /inclusion Financial Inclusion

What are prepaid card management systems, their types, and how it works?

Prepaid card management systems have become essential for businesses, financial institutions, and payment processors to offer secure, flexible, and innovative payment. Prepaid card management systems provide a range of capabilities for businesses to issue, manage, and monitor prepaid cards, making it easy for end users to access and use funds. For...

20 January 2025 /inclusion Financial Inclusion

Top 7 benefits of branchless banking for banks

Branchless banking is reshaping how banks connect with customers. These solutions give you an opportunity to provide banking services without branches and thus decrease your expenses as you target more customers. The outcome of such a transformational approach is the ability of your financial institution to remain relevant within this competitive ...

13 January 2025 /inclusion Financial Inclusion

Top 5 advantages of using facial recognition in eKYC?

In the emerging world of digital transformation, the concept of customer identification and authentication is completely revolutionized. Standard compliance procedures involving KYC services are now being adapted to more efficient eKYC solutions that focus on speed, protection, and user-friendliness. Perhaps the most prominent is the facial recogn...

10 January 2025 /inclusion Fintech

Benefits of Closed-Loop Payment Systems for Businesses and Consumers

In a business environment, convenience often dictates consumer choices. That’s why payment methods play a pivotal role in shaping shopping experiences. Because it’s also a part of the shopping experience; the final part. So that means providing convenient payment methods equates to a better shopping experience for your customers. And when it come...

26 December 2024 /payments

How to choose the right digital wallet solution for your business needs

In the digital-first landscape of today, providing customers with a seamless way to transact is a must-have to achieve success in every business. The flexibility of choosing a digital wallet solution that suits your business objectives and customers' preferences empowers you. With hundreds of alternatives available, this flexibility allows you to...

04 December 2024 /payments Fintech World

Key challenges and solutions in expanding branchless banking

Branchless banking is changing the financial scene, so growing its influence offers special possibilities as well as special difficulties.Branchless banking solution provides basic financial services to underdeveloped and rural communities, but expansion in these locations calls for overcoming obstacles including infrastructural deficits, regulato...

04 December 2024 /inclusion Banking

Benefits of an agency banking solution in Africa

Over the last couple of decades, financial inclusion has emerged as one of the central priorities of African countries. In many parts of the world, mass population segments live in remote locations or service-challenged areas, making traditional bank business models largely ineffective at reaching everyone. Fortunately, agent banking has emerged a...

04 December 2024 /inclusion Financial Inclusion