NEFT vs UPI for Salary Payments: Why Businesses Still Rely on NEFT Processing

Posted by antil.alisha 1 hours ago (https://gettonews.com/nefts-batch-processing-vs-upis-instant-settlement-why-corporates-prefer-neft-for-payroll-processing-in-india/)

Description: When it comes to handling payroll on a large scale, businesses have multiple payment options available. Although UPI’s instant settlement feature has transformed personal transactions, many large organisations continue to depend on NEFT (National Electronic Funds Transfer) for payroll management. Bajaj Pay, a BBPS-enabled platform offered through the Bajaj Finserv App and website, makes different types of money transfers simple while providing a zero-fee structure on every transaction. Whether you are a business owner managing salaries or an individual exploring fund transfer methods, understanding the advantages of NEFT is important for making informed financial choices.

Category: Business

Tag: NEFT, Bajaj Pay

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