Blogs

A payment switch is the behind-the-scenes engine that powers real-time transactions between acquirers and payment endpoints. It’s what makes digital payments work—whether you’re shopping online, paying a utility bill, or processing a transaction through your bank or PSP. This critical software has long been the backbone of modern commerce. But as the global payments landscape …

Payment Switch Modernization: Key Principles & Best Practices Read More »

In the dynamic world of finance and fintech, innovations and solutions constantly reshape the way we manage and transact money. One such innovation is the closed-loop wallet, and at Toucan Payments , we’re committed to bringing you the best. What is a Closed Loop Wallet? A closed-loop wallet is a digital payment solution that functions …

Choosing the Right Closed Loop Wallet Solution: A Complete Guide Read More »

Create image Quick Response (QR) payment systems have revolutionized the financial landscape in many countries, particularly in India and China. The digital transformation of payment systems has brought convenience and efficiency to financial transactions worldwide. Among the most notable advancements is the QR payment system, which uses QR codes to facilitate quick and secure payments. …

QR Payment Systems: A Comparative Study of India vs China Read More »

Handling cash flows has always been key to businesses’ survival. However, walking the path with numerous customers, partners, merchants, and vendors every single day of the year is challenging. Often, on an invoice, there could be multiple sub-payees, which makes it so complex for your workforce. Could Split Payments Be The Answer? Did you ever …

Understanding Split Payments Read More »

Behind that smooth checkout experience is something powerful—but invisible. It’s not the gateway you see, but the Payment Switch that does the heavy lifting behind the scenes. Think of it as your payment system’s brain, routing each transaction down the fastest, safest, and most efficient path. No delays. No guesswork. Just precision and speed. Whether …

Payment Gateway vs Payment Switch: What’s the Difference? Read More »

Fast digital onboarding is no longer a luxury—it’s a business essential. Whether you’re a fintech, bank, or telecom operator, verifying customer identities securely and swiftly is critical to staying compliant and competitive. That’s where digital KYC (Know Your Customer) steps in. And today, businesses rely on two primary methods to get it done: Assisted KYC …

Assisted vs Non-Assisted KYC: What’s the Difference? Read More »

In an era of rapid digital transformation, the way we make payments is evolving at a Payment purchasing methods are changing at a rapid pace. Among the innovations reshaping the landscape of retail payments, closed-loop wallets have emerged as a game-changers. Let’s embark on a journey to uncover the transformative power of closed-loop wallets and …

How Closed-Loop Wallets Revolutionize Retail Payments Read More »

In the fast-paced, tech-driven world of today, digital wallet payments have emerged as a dominant force in the financial ecosystem. With a staggering market share that has reached 50% and continues to grow, understanding this phenomenon is crucial for businesses, consumers, and policymakers alike. This comprehensive exploration delves into the intricacies of digital wallet payments, …

The 50% & Growing Market Share of Digital Wallet Payments Read More »

Introduced by the Securities and Exchange Board of India (SEBI), VIPV  (Video In-Person Verification) streamlines the eKYC (Know Your Customer) process by enabling real-time, face-to-face identity verification through a live video call. No more physical branch visits, no endless paperwork—just smooth, 100% digital onboarding that’s compliant, secure, and faster than ever.   In this guide, …

How VIPV KYC is Revolutionizing Remote Customer Onboarding Read More »

In the age of real-time payments and one-click services, verifying customer identity shouldn’t take days—or a branch visit. That’s where vCIP (Video-based Customer Identification Process) steps in, transforming how businesses onboard users in a digital-first economy. Approved by the Reserve Bank of India (RBI) and rapidly gaining traction across sectors, vCIP is the modern answer …

What is vCIP? The Future of Digital KYC & Compliance Read More »