5 STEPS THAT CAN MAKE YOUR MERCHANT ONBOARDING PROCESS EASIER!
Merchant Onboarding Process There's no doubt that the COVID-19 pandemic has led to the evolution of a cashless society paving the way for contactless transactions. A recent study conducted by Razorpay revealed that last year, the number of virtual transactions in the country rose to a whopping 383%, sounds promising enough, doesn’t it? Several fintech experts even predict that by 2024, the digital payments market in our country is sure to rise over INR 4 Trillion. With increasing electronic transactions, it's time for payment facilitators to ramp up the process of onboarding merchants and vendors into the platform and meet the rising needs. In the last few years, there has been a steady rise in e-payments. Meanwhile, there has been a constant surge in the number of payment aggregators who have invested the need for merchants to quickly adapt to full-fledged digital transactions. If you are a payment service provider looking for an economical method to acquire merchan...