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Sudha Rajamanickam

Software Engineer
Episode six
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Chennai
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Sudha Rajamanickam

The Payment Story: Era 2- When Money Learned to Move on Its Own

From paper slips to instant payment messages — this was the era when money stopped waiting for people and started moving by itself. While card networks like Visa and Mastercard reinvented how we paid, central banks quietly built the backbone for how banks paid each other through ACH — the Automated Clearing House. One moved with every swipe. The ot...

18 October 2025 /payments /retail Fintech

Sudha Rajamanickam

The Payment Story: Era 1- The Central Bank’s Invisible Hand

Behind every withdrawal, loan, or transfer lies a hidden boss — the central bank. In this opening part of my series “The Payment Story,” I explore how central banks quietly shape liquidity, interest rates, and the very rules of the money game. Why do home loan rates rise and fall? Why can’t banks simply lend freely? Central banks set the guardrails...

29 September 2025 /payments /retail Fintech

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