Change is the only constant they said, well said we would say. After the recent Demonetization of the Rs500 and Rs1000 notes in India, many of us have started using the digital payments platforms, albeit forcefully. But it can be easily seen through the mass adoption that customers and merchants are enjoying the hassle free
While Cash is still the most sought after payment method, the recent demonetization move has given a huge push to digital payments. Although over the last few years, online transactions have become more popular but the growth it has got in the last few days is unprecedented. At CitrusPay and PayU have seen a huge uptake on
Demonetization is not as inconvenient as it looks. A normal evening it was for Sowmya. She headed home early from work just to relax and unwind in the evening. Switching through news channels, there came an announcement. Bam! The 500 and 1000 currency notes are being banned. Sowmya checked the wallet, there were a couple of 500
“First they ignore you, then they laugh at you, then they fight you, then you win.” This is somewhat similar to what the payments and on a broader level the entire Fintech industry in India is feeling right now. The demonetization of the Rs 500 & Rs 1000 notes is turning out to be a
It came in as a wrecking ball and we have the Rs. 500 and Rs.1000 currency notes banned in India. They are as good as paper now! We got your back. Save paper, save trees and now save your sanity by doing quick, easy and secure online payments. First things first, what is the whole
November 8th is a landmark day for digital payments in India when the Prime Minister Mr Narendra Modi announced the ban on Rs. 500 and Rs. 1000 currency notes. The move is welcomed by many and is considered to be a step towards reducing black money, ending fake currency note racket, proving an obstacle for terrorism, reducing
Online shopping is convenient and super fast. As quick and easy as it looks, there is a lot that happens in the background. Removing the layer of abstraction here from how the online payments work. It all starts with one click of button, Buy Now! Almost five entities are involved to encrypt, validate, authenticate and
Today, I complete my first year @ CitrusPay. It has been a superb journey with lots of learnings, responsibilities and excitement. Given that this is my first job; I’ve got just the right amount of mentorship & help to gather knowledge for driving the digital payments adoption. Some of the things that made this journey