Meaning
Floating Rate is an interest rate or return that adjusts automatically according to market trends, similar to floating interest.
Usage
Commonly applied in loans, bonds, and deposits to reflect current financial conditions.
Floating Rate is an interest rate or return that adjusts automatically according to market trends, similar to floating interest.
Commonly applied in loans, bonds, and deposits to reflect current financial conditions.
The Paytm Editorial Team is a collaborative group of writers, editors, and industry experts. We're dedicated to bringing you the latest insights, news, and guides on digital payments, financial services, and the technology that's shaping India's economy. We offer easy-to-follow guides and insights to help you explore Paytm’s products, features, and services. Our goal is to provide clear, reliable, and helpful information to empower you on your financial journey.
Definition Tokenization is the process of replacing sensitive payment data like card numbers with unique tokens to secure…
Meaning Smartwatch Payments allow users to make contactless payments using a smartwatch linked to their bank account or…
Definition UPI Push API enables initiating money transfers from the payer’s account to a recipient via UPI programmatically.…
MOP Full Form and Meaning MOP stands for Mode of Operation, which in simple terms means a set…
Meaning A Fraud Detection System is a technology-based system that identifies suspicious or unauthorized transactions in real-time to…
DC: Full Form and Meaning The full form of DC is Documentary Credit. It refers to a financial…