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Can I Get a High Interest Rate on a Savings Bank Account? Are There Other Benefits?

July 8, 2022July 11, 2022

A savings account is a deposit account where you park surplus money. You can encash this amount at any time without penalties. It is different from a checking account which you may use to fund purchases, write cheques or for ATM withdrawals. This is why it is considered to be one of the most liquid investments compared to regular ones. The best banks understand the benefits of saving for the future for yourself and your loved ones.
This is why they offer industry-best interest rates. One can save more and live life to the fullest. The account is convenient to operate with an app. Look at other perks and how much interest one can expect if they open a savings bank account.

High-Interest Rate on Savings Account

The top Indian bank offers interest up to 6% for a maximum balance of ₹50 lakhs. A high-yielding savings account can grow your …

Cashless ATMs For Reliable Cannabis Dispensaries And Bank Issues

May 13, 2022May 24, 2022

I supposed you are aware that the use of marijuana is illegal in many countries because it leads to addiction, and because of this, various crimes may happen that alarm the public. Though some states where it is legally used have shops where you are allowed to buy this either for medical or recreational purposes. They may accept cash and they also have cashless transactions made with ATM dispensaries – visit https://www.greenstaratm.com to know more about their product and services.

Why do you think they have such machines for cashless transactions when cannabis users and buyers can give their payments directly? Well, you should know that these marijuana supply shops are business and even when this is legally operating, the owners may have issues when it comes to the banks. Let’s say that most of them do not like to get involved with transactions related to cannabis because of the …

How Instant Bank Account Verification Can Reduce Risk For Your Business

October 5, 2021October 5, 2021

When onboarding new customers to your business, risk is everywhere. Between needing to validate the authentic ownership of that account, validating the bank balance, going through account history and historic repayment, and simply checking that the bank account is in good standing, a lot can go wrong.

That’s why Instant Bank Account Verification could save you time, hassle, and risk — particularly for companies or organizations that operate ACH-based recurring payment plans. We’ll show you why in this article.

How Does Instant Bank Account Verification Work?

As a customer interacting with a new business, you’re redirected to your bank login through a pop-up or lightbox. Upon logging in, the business can piggyback this, and through an API pull the account data of the customer, thereby being able to validate the bank balance of the purchaser.

This is where Instant Bank Account Verification operates and is useful. If your business doesn’t …