The global peer-to-peer (P2P) payments market is projected to grow from $1.8 trillion in 2022 to over $3 trillion by 2027, according to Juniper Research. Driving this is a revolution in lending technologies utilizing artificial intelligence to expand access to affordable credit globally while minimizing defaults through prudent decision-making models. P2P payment models P2P transactions allow direct value exchanges between counterparties without intermediating third parties, saving time and costs. Payment models include: Remittances – Cross-border wage and family transfers P2P Apps – Tools like PayPal, CashApp, and Venmo facilitate money transfers via linked accounts or cards. Marketplaces – eBay, and…
Author: Jessica Smalls
The Covid-19 pandemic, which lasted nearly two years, caused millions of travel plans to be cancelled overnight, but many homebound individuals are now resuming their postponed travel plans. As the world returned to normal following a series of COVID-19 lockdowns and limitations, there has been a considerable increase in the desire for travel, as indicated by filled flights and hotels. What Is Travel Insurance For Groups Of People? Multi-member online travel insurance, often known as family travel insurance, is a policy that protects the entire family when they travel, whether they do so domestically or overseas. Such policies are excellent…
While we cannot predict what the future holds, we can take measures to secure the financial well-being of our loved ones in case of unforeseen circumstances. This is where a term insurance plan comes into play, and a 1 crore term insurance plan is a popular choice for many individuals in India. What is Term Insurance? Before we delve into the specifics of a 1 crore term insurance plan, let’s first understand the concept of term insurance itself. Term insurance is a form of life insurance policy that offers protection for a designated duration, which is commonly referred to as…
Most people consider investing in debt mutual funds to ensure consistent returns and to accept higher levels of market volatility as found in equity funds. But before investing, it is essential to secure a deep knowledge regarding the taxation associated with the investment tool. Do you know that the gains from debt mutual funds involve tax implications in multiple ways? Yes, you heard it right! This article will help you to explore the intricacies of taxation on debt mutual funds and the key aspects related to it. Are you excited to learn about the tax implications involved in debt mutual…
Today, good credit is crucial. Unexpected events can damage your credit score. If your credit score is low, you may feel trapped financially. Fortunately, there are ways to fix bad credit. Personal loans for all credit types are a good option for extra cash. Personal loans now accept bad credit. Personal loans for all credit types allow people to consolidate debt, pay for emergencies, or start a business. However, one should carefully consider each lender’s terms and interest rates and work to improve one’s credit score over time to get better loan terms. Personal loans can help people overcome financial…
Building an accessory dwelling unit (ADU) on your California property may be the most cost-effective option to lower your monthly housing expenses, which the great majority of homeowners are continuously looking for ways to cut. ADUs can provide a range of benefits, including increased revenue and property value. As a result, if you want to reduce your monthly bills, consider building an ADU. Continue reading to find out how much money you may save by constructing an ADU on your home. Make More Living Space Available For Family and Friends ADUs are becoming more common in various places in the…
If you are one of those who hate the task of filing returns, then the best option for you would be to hire tax advisors. Filing tax returns on your own can be a daunting task. If you miss out on any important proof, then you might need to pay advance tax. Secondly, tax laws keep changing and it becomes tough for you to be updated about everything. Role of Tax Advisors You cannot simply hire the ones that pop up on your search engines. Research is the key here. Before you jump the gun, you first need to know…
If you were looking forward to spending some money on purchasing an item or product, especially when you are a little short of cash, it would be recommended to seek the Pay Later Singapore deals. These deals have been specifically designed for people low on cash during emergencies. It would assist them to purchase the desired item without paying anything from their pocket. As the name suggests, pay later deals would be available for your users to purchase the product now and pay the balance later. It usually applies to people low on cash. You might wonder why you should…
Apply for LIC IPO is India’s biggest life insurer with 286 million policies, 115000 employees, 1.34 agents, and more than 2000 branches. LIC has a 64.1% market share in terms of premium and a 55.2% market share in terms of a new business premium. LIC manages around $528 billion of assets, more than the total size of India’s mutual fund industry and 3.3 times more than the total assets under the management of all 23 private life insurance companies. LIC’s worldwide domination is unrivaled, with no other life insurance company in any country having such a significant market share. LIC…