PayGlocal Blogs

Discover what are BIC and SWIFT codes, why these unique identifiers are vital in international banking and how they help avoid fraud or errors.

Learn how SWIFT transfer fees work, including OUR, SHA and BEN charges, intermediary deductions, FX costs, and how to calculate your real transfer cost.

Learn what SOFTEX is, who needs to file it, filing deadlines, requirements, and how SOFTEX differs from FIRA, FIRC and eBRC for software exports.

Understand what an acquirer does in payment processing, how it differs from an issuer, gateway and processor, and why acquiring matters for international payments.

Understand APP fraud, common scam types, UK reimbursement rules, the £85,000 claim limit, and how businesses can reduce payment fraud risk.

Understand what a 2D payment gateway is, how 2D transactions work, their benefits and risks, and how they compare with 3D Secure payments.

Understand the main types of exchange rates, how fixed, floating and managed regimes work, and why spot and forward rates matter for international businesses.

Learn how multi-channel payments unify online, mobile and other payment methods to improve customer experience, operations and payment collection.

Learn how third-party payment processors work, how they differ from gateways and aggregators, and what businesses should evaluate before choosing one.

Understand TIN in India, how it differs from PAN, GSTIN and TAN, and which tax identification number Indian businesses should use for different purposes.

Learn how to start freelancing in India, find clients, price your work, handle GST and invoices, and receive international freelance payments.

Learn how SEPA payments work, the countries and schemes covered, and how Indian businesses can receive euro payments from European customers.

How to choose an international payment gateway that lifts your Payment Success Rate: local methods, currency, compliance, and fraud checks.

Learn the SWIFT full form, how SWIFT payments work, what BIC, UETR and MT103 mean, and how banks send and track cross-border payment instructions.

Learn how subscription payment gateways automate recurring payments and compare UPI AutoPay, cards and eMandates for Indian and global customers.

Learn what a cross charge under GST means and how it works. Explore its benefits and how it compares to other tax systems like ISD (Input Service Distributor).