Easebuzz Pvt. Ltd is a Digital Payment Collections & Payout Solutions Company serving small, medium, and large businesses of the Indian Economy with SaaS-based Payment solutions. The firm serves SMEs in India in order to enable them to continue to play their role in investment, growth, innovation, and employment.
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An online payment involves making a payment for a good or services that was bought online and offline over the internet.
Online Payment Fails -
When conducting an online transaction, there are many reasons that may lead to an unsuccessful transaction. In India, most often, when an online transaction fails, a pop-up message appears saying –
“Payment Declined: try another bank account or call your bank”
“Couldn’t reach server”
“It looks like you bank is temporarily not accepting payment requests. Please try again”
“Bank server unavailable – it looks like your UPI ID provider is temporarily not accepting payment requests”
“Your bank server didn’t respond. Please try again”
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Best QR code Payment
The value of digital payments in India will reach $10 trillion by 2026, up from $3 trillion now, according to India Business Standard. 2 out of 3 payments will be digital (not cash) by 2026.
The development of a QR-code-based merchant acceptance network has aided in the rapid adoption of UPI among Indian end-users. Moreover, user-friendly interfaces, innovative offerings, and an open API ecosystem have contributed to the success of the UPI (Unified Payments Interface) in India.
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Best Online Payment Services Provider and Their Benefits. The online payment solution offered by Easebuzz for online customers, freelancers, and small businesses is the most popular one when it comes to receiving and accepting payments in India. Although online payment systems may appear complex, they all are designed to facilitate the process of donating, supporting, or subscribing to your organization. Online payment services have changed the way people behave rapidly, so it is now vital that you offer an online payment option if you want to reach all your potential donors, members, or customers.
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Get to know what Digital Payment Trends that will dominate 2022 and beyond
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Increasing conversions and sales can be achieved by easing the online payment process for your customers.
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