National Payment Corporation of India (NPCI) on Wednesday launched UPI AutoPay functionality for recurring payments.
With this new facility introduced under UPI 2.0, customers can now enable recurring e-mandate using any UPI application for recurring payments — like mobile bills, electricity bills, EMI payments, entertainment/OTT subscriptions, insurance, mutual funds and loan payments, paying for transit/metro payments, among others — of up to Rs 2,000.
Arif Khan, Chief Digital Officer, NPCI
Also ReadConcerns over transactions on third party apps like GPay can be redressed: NPCI
If the amount exceeds Rs 2,000, customers have to execute every mandate with UPI PIN, NPCI said in a statement.
Any UPI-enabled application will also have a 'Mandate' section, through which customers can create, approve, modify, pause, as well as revoke auto debit mandate, it said.
The section will allow customers to view their past mandates for their reference and records. UPI users can create e-mandate through UPI ID, QR scan or Intent, it said.
The pattern for auto debit mandate has been created keeping in mind customers' spends on recurring payments. The mandates can be set for one-time, daily, weekly, fortnightly, monthly, bi-monthly, quarterly, half-yearly or yearly, it added.
"Both, individual users and merchants can benefit from this feature tremendously, as mandates are generated instantly and payments get deducted automatically on the authorised date. The customers have to authenticate their account through UPI PIN for one-time and subsequent monthly payments would be debited automatically," NPCI said.
Some of the banks, merchants and aggregators who have already gone live with UPI AutoPay are Axis Bank, Bank of Baroda, HDFC Bank, HSBC Bank, ICICI Bank, IDFC Bank, IndusInd Bank, Paytm Payments Bank, AutoPe-Delhi Metro, AutoPe-Dish TV, Policy Bazaar, The Hindu, Times Prime, Paytm, PayU, and RazorPay, among others.
Jio Payments Bank, State Bank of India and YES Bank will soon go live with UPI AutoPay, it said.
"We believe this unique facility would enable customers streamline their recurring bill payments and help them get rid of paying those bills manually," SBI Chairman Rajnish Kumar said.
With the RBI continuously encouraging customers to adopt digital payments, offerings like the launch of UPI AutoPay would further attract customers to on-board UPI and witness a new arena of digital payments.
The UPI 2.0 offers features such as overdraft facility, one-time mandate, invoice in the inbox and signed intent and QR and foreign inward remittance among others to the customers.
(Edited by Kanishk Singh)
Want to make your startup journey smooth? YS Education brings a comprehensive Funding Course, where you also get a chance to pitch your business plan to top investors. Click here to know more.
Original Source: yourstory.com
Content
DBSync’s QuickBooks and Integration Platform ensures an error-free, quick, accurate, and seamless integration between your sales and accounting departments. Our solution can connect directly with CRMs as well as databases where you can load or extract data and integrate with your accounting. ShipStation is a web-based, multi-carrier shipping solution that is designed to save eCommerce retailers time and money on their order fulfillment process. With ShipStation you get access to a single set of powerful tools for managing your orders from creation through fulfillment—anywhere your business needs to ship. AfterShip is a shipment tracking application and API for eCommerce retailers and buyers.
Use the webhook trigger to receive data from a wide range of services in multiple formats, including JSON, form data, and plain text. Swagger is the world’s most popular and largest framework of API’s developer tools for the open API specification. It enables development across the entire API lifecycle, from design and documentation to test and deployment. Yes, you can synchronize data from ShipStation to QuickBooks and vice-versa. Yes, the advantage with DBSync is that you can synchronize Shipstation data into both QuickBooks Desktop and QuickBooks Online QBO).
Additionally, we provide consulting services to ensure success. Our platform is hosted in Germany and fully GDPR compliant . First, you need to get in touch with us to sign up for a Locoia account. Next, you go to the settings section, where you can authenticate and connect the QuickBooks Commerce and ShipStation integration, among many others. Make sure both test orders are in the “Ready to Ship” status in Zenventory, and then ship them in ShipStation.
Any imported order is saved to the Pending Orders section. It is a temporary storage of all sales and payments in DEAR. If an order already has an entry in the Log (i.e. was imported previously), it will be skipped. This guarantees that no duplicate sales will be created by DEAR. When a product is created/updated https://quickbooks-payroll.org/ in DEAR during the download process, there is a link established between the product and variant unique ShipStation product ID and DEAR unique product ID. This link is used when products are matched against sale order lines in ShipStation and when subsequent product downloads occur.
All products in ShipStation are mapped as simple products in DEAR. ShipStation does not support product variations and does not supply quantities, which are required in DEAR. DEAR does not apply the tax rule to recalculate tax and is simply using the actual tax amount from the ShipStation order. This means that if certain products are not Taxable or with varying tax in ShipStation, all data and totals in DEAR will look identical to ShipStation, but with DEAR tax rule name selected in this setting. Revenue account to be used for all sales downloaded from ShipStation.
ShipStation is an excellent investment if you're looking to simplify and automate various parts of your business. The ShipStation company offers API customization, and for fulfilling your orders, the service partners with some of the leading companies around the world, including FedEx, UPS, DHL, and other carriers.
Old fashioned systems and interfaces can take more time. See if the order in ShipStation downloads to Zenventory. If it doesn’t, confirm that the “Store” in ShipStation where the order originated is mapped to the correct ShipStation integration in Zenventory , using the Store Selector in the integration settings. Allow Zenventory to send shipment data to ShipStationZenventory will send any shipment data, tracking numbers, etc. to ShipStation. When downloading products, DEAR tries to match existing products first to avoid creating duplicates. In ShipStation, the product Name could be non-unique whereas DEAR enforces mandatory SKUs.
Unable to export sale orders that were downloaded from ShipStation . Cannot download data from ShipStation if this data was first exported from DEAR using . ShipStation Custom Store and Shipping Service should not be connected at the same time.
By connecting QuickBooks with ShipStation, it becomes easy for you to segregate order data. This, in turn, helps you keep proper track of every single order till it’s fulfilled. It’s a fact that order data is an essential factor that determines the efficiency and precision of order fulfillment. Create a new bill, optionally tied to a customer .Create Credit Memo. If you have any matching SKU, It is added to QuickBooks Desktop product record. Send shipped orders from ShipStation to QuickBooks Desktop as either Sales Receipts or Invoices.
CartRover also pushes tracking and inventory to your sales channels without you ever having to think about it. CartRover is designed to manage this process for you in a simple and inexpensive manner.
Connecting ShipStation with your accounting/ERP application makes sense for your business. Eliminating manual data entry will reduce errors, and save you valuable time. Not to mention, keeping track of your shipping data will be easier than ever. EBridge Connections can help you integrate ShipStation with all of the leading accounting/ERPs including MS Dynamics, NetSuite, Sage, Epicor, Exact Macola, Intuit QuickBooks, SAP, and more. Our QuickBooks Online integration prioritizes a fast and easy sync to equip your sales reps, with the majority of the process being automated based on the data already saved in your ERP. All you as the admin need to do is connect your QuickBooks account and we will make QuickBooks Online do the heavy lifting to import the datasets you need onto yourfield salesportal.
Data Virtualization Seamless integration with popular Data Virtualization technologies. Workflow & Automation Integrate ShipStation through popular workflow and automation software. BI & Data Visualization Connect to real-time ShipStation data from any BI or Reporting tool. Easily access live ShipStation data from BI, Analytics, Reporting, ETL, & Custom Apps.
The integration makes it possible for e-commerce businesses using both QuickBooks Online and ShipStation to track their shipping costs and expenses realtime. This, in turn, helps them pinpoint areas where they can save money on shipping costs. MDS Fulfillment is a professional midwest order fulfillment service company with creative fulfillment solutions and low shipping costs. FlowLink makes connecting MDS’s services with your store easy. This integrations lets you automate much of the fulfillment process. With it, your store can send shipment information to AfterShip, and retrieve tracking information once shipments are made.
The integration benefits both e-commerce businesses using QuickBooks Online and ShipStation. For users of QuickBooks Online who use ShipStation, they are able to track their shipping costs or see the total cost per order from the shipstation dashboard. This makes it easy for them to analyze orders by item type, destination or other factors using ShipStation reports. Users can also see the status of each order from the ShipStation dashboard. Instead of logging into the ShipStation dashboard separately from QuickBooks Online, they can do so in real time from the QuickBooks Online dashboard itself.
Connect to ShipStation from BI, analytics, and reporting tools through standards-based drivers. PowerShell Cmdlets Windows PowerShell Cmdlets offering straightforward command-line access live data. BizTalk Adapter Easily integrate BizTalk Orchestrations with Application, Database, & Service data. CData Sync Replicate any data source to any database or warehouse. Skyvia Query also includes Google Sheets Add-on and Excel Add-in that allow ShipStation export to Excel and Google Sheets with data refresh in one click.
The action you just performed triggered the security solution. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data.
We recommend this is you are using eCommerce channels integrated with DEAR, or are sending orders to ShipStation. Each captured ShipStation order once saved to Pending Orders creates a Log entry to track the link between the Sale in DEAR and in ShipStation.
Automate accounting and operations for multi-channel commerce. Automatically post, track, and sync all orders, expenses, fees, and shipping costs directly into QuickBooks Online or QuickBooks Enterprise. Record each order individually or summarized by day, week, month or settlement period with journal entries. When pending orders are processed by DEAR, new sale tasks are created. This setting tells DEAR if it should try to Auto Pick, Auto Pack and Auto Ship these tasks. If there is not enough stock on hand to pick the full quantity of products in an order, then Pick will remain in Draft state, and Pack and Ship won’t be completed.
For First-Class Mail, shape and weight will determine the price. For Priority Mail, the price is a combination of weight, size, and how far the mailpiece is traveling. Priority Mail pieces that exceed one cubic foot, are subject to "dimensional weight pricing".
You can’t stay in business if you’re still hand-entering e-commerce sales into QuickBooks. Free up hours of your time every week, and generate millions of dollars in additional revenue by automating your bookkeeping with Connex. Connect ShipStation and your online sales channels, then watch sales data get How To Connect Quickbooks Online And Shipstation auto-posted to accounting. I am very happy with how straight forward and user friendly it is! Easy setting up ship methods, editing orders, getting into and editing carts, whitelisting, and blacklisting products. ShipStation is a fast and simple web-based shipping software that makes your life easier.
Puerto Rico is a United States territory located east of Cuba with the Atlantic Ocean and the Caribbean Sea surrounding it. This beautiful tropical paradise is a land of wonder with picturesque landscapes for tourists and residents alike. However, behind this convincing guise is the reality of poverty and illness that plagues the country. With 43% of Puerto Rico living in poverty, the healthcare system is a system of great importance as it acts as a crutch to those living in poverty. Here is some information about healthcare in Puerto Rico.
Medicaid in Puerto Rico
Medicaid in Puerto Rico serves approximately half of Puerto Rico’s population of 3.2 million people. The Medicaid program in Puerto Rico is an outlier in comparison to other U.S. states, having to supply healthcare to those in need while facing shortages of doctors and funds. The annual healthcare budget in Puerto Rico is $367 million as of 2019, however, estimates determine that expenditures are closer to $2.8 billion.
Additionally, the Medicaid program operates on a Managed Care system. This system helps to manage cost, utilization and quality, making healthcare in Puerto Rico more affordable and offering better utilization of health resources.
Additional Funding
The Affordable Care Act, section 2005, provided the Medicaid program in Puerto Rico with $5.4 billion in additional Medicaid funding from July 1, 2011, to Sept 30, 2019. Puerto Rico also received an additional $925 million in funds to establish a healthcare market. The country had to exhaust Previous Affordable Care Act funds before it could use additional funds. The Affordable Care Act is a health reform law that passed in March 2010. The law has three goals including increasing the availability of affordable health insurance, expanding the coverage of the Medicaid program to cover adults below 138% of the federal poverty line and supporting innovative methods of medical care delivery to decrease costs of healthcare.
Doctors Leaving the Country
While medical professions receive respect and high pay in the U.S., this is not necessarily true for Puerto Rico. In fact, many Puerto Ricans enter the medical field so they can one day migrate to the mainland U.S.A. According to the Economic Research Institute, the annual average income for a Family Doctor is $194,307, while the U.S. average is $237,000.
Another issue that doctors in Puerto Rico are facing is the scarcity of medical equipment and personnel, often resulting in prolonged waiting times for appointments. According to Vox, the waitlist can take “as long as four to six months to see professionals,” a direct result of Puerto Rico losing approximately 15% of all medical personnel on the island.
Puerto Rico College of Physicians and Surgeons
Shortages in medical personnel and lack of funding have increased wait times and created shortages of medical supplies in Puerto Rico. Thankfully, the Puerto Rico College of Physician and Surgeons is working to combat these challenges. This organization emerged through Law 77 in 1994 and is mandatory for all students pursuing a career in the medical field. The Puerto Rican government uses it to provide doctors where people need them most. The Puerto Rico College of Physicians and Surgeons ensures that doctors studying in Puerto Rico serve there for sometime before finding opportunities elsewhere. As of 2016, the organization has lost approximately 4,000 members to the “temptation in accepting one of those lucrative job offers,” shrinking the number of members from 14,000 to 10,000.
Jaideliz Moreno
The state and quality of healthcare in Puerto Rico have fallen as the years pass by, proving to negatively affect the population. On a seemingly average day in Vieques, a small island off the coast of mainland Puerto Rico, Jaideliz Moreno developed flu-like symptoms. This is a common issue that people face on the mainland U.S.A., but it was a life or death situation for Jaideliz. This was because Vieques, recovering from the destruction that Hurricane Maria caused in 2017, lacked a proper hospital. A small clinic for veterans alongside a labor and delivery room has replaced the hospital that Hurricane Maria destroyed. The small clinic named Susana Centeno Community Health Center lacked the medical supplies necessary to cure 13-year-old Jaideliz Moreno. A helicopter rushed her to mainland Puerto Rico but she died on the way there.
FEMA —Federal Emergency Management Agency— is an agency that strives to support citizens and first responders to show that as a nation we work better together in the face of adversity and disaster. As of January 2020, FEMA has approved $39.5 million to fund the Susana Centeno Community Health Center until a permanent hospital in Vieques is built. As of now, there is no projected completion date of the Vieques hospital.
Healthcare in Puerto Rico is a developing system in need of vital resources and proper funding. This kind of support is key to the growth and improvement of Puerto Rico’s medical work.
– Ernesto Gaytan
Photo: Flickr
The post The Process of Improving Healthcare in Puerto Rico appeared first on The Borgen Project.
Original Source: borgenproject.org