Refund Processing
Definition Refund processing refers to the mechanism by which money is returned to a payer after a failed,…
Request Money
Meaning Request Money is a feature in digital payment platforms that allows a user to send a payment…
QR Code Scanning
Definition QR code scanning is the process of using a smartphone or device camera to read the QR…
QR Code Payment
Meaning QR code payment refers to making payments by scanning a Quick Response (QR) code using a digital…
Why You Might Want to Hide Payments: Understanding Privacy in Digital Transactions
In an increasingly connected world, privacy in digital payments is more important than ever. Whether it’s a personal…
Paytm Receive Money Widget vs QR Code
As India’s trusted digital payment platform, Paytm continues to enhance the way individuals and businesses collect payments. Two…
Payee
Definition The payee is the individual or merchant who receives money in a transaction. The payee’s account is…
Payer
Meaning The payer is the individual or entity who initiates a payment to another person or merchant. The…
Step-by-Step Guide to Set Up Paytm Receive Money Widget for Faster Payments
In today’s dynamic digital payments ecosystem, getting real-time notifications for UPI payments can boost convenience and efficiency—especially for…
Payment Reversal
Definition A payment reversal happens when money sent in a transaction is returned to the payer’s account. It…