Author: Vishnu Mohan V
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Flywire Payment Letter: What It Is and How Students Generate It?
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If you are planning to study abroad, you will encounter many new terms, including offer letter, CAS letter, I-20, blocked account, and one important but often misunderstood document – the payment letter. Most students don’t realize how important this document is until their university requests it or their bank won’t process their fee transfer without…
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The Ultimate 2025 Guide to the Student Financial Responsibility Agreement
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The Student Financial Responsibility Agreement is one of the most important steps in a university’s enrollment process. It confirms that students understand what they owe, how billing works and what happens if payments are delayed. Almost every major university uses this agreement, including Purdue University, Cornell University, the University of Washington, Indiana University, the University…
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How Does International Wire Transfer Work: A Complete 2025 Guide
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At moneyHOP, we believe sending money abroad should be simple, transparent, and reliable. That’s why we’ve put together this guide to help you understand how does international wire transfer work so you can make smarter decisions for your global payments. Whether you’re a student paying tuition, a family supporting loved ones, or a business managing…
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How to Transfer Money from Dubai to India in 2025: Fast, Secure & Cost-Effective Options
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How to transfer money from Dubai to India is a question millions of Indians in the UAE ask regularly. In 2025, nearly 3.9 million Indians live in the UAE, many of whom are based in Dubai and send money home frequently to support their families, cover education expenses, or invest in India. In fact, remittances…
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What is Dearness Allowance (DA) in Private Companies?
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Dearness Allowance (DA) is an allowance paid by government or private employers to employees. It is paid to neutralize the increasing cost of living brought about by inflation. It is calculated on an employee’s basic pay and is revised twice a year depending on the increase in the inflation rate. ‘Dearness’ in DA refers to…
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7 Accounts Receivable Process Improvement Strategies
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Cashflow is the lifeblood of any business. It is essential to keep the business running, and liquidity is a must to pay operational expenses, such as rent, salary, and inventory. Without ample cash inflow, any brand, be it a startup or a multinational corporation, will eventually grind to a halt, though it’s profitable on paper.…
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3 Tips to Minimize International Travel Tax in India
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Are you planning an international trip with your family? Then, you should check out the new tax regime upon TCS (Tax Collected at Source) on international travel that came into effect on October 1, 2023. If you purchase international travel packages totaling above INR 7 lakh per fiscal year, either through offline or online booking,…
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Online Banking Security: What moneyHOP Offer
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India is experiencing a rapid surge in online banking due to the growing influence of FinTech. Every 4 out of 5 Indians prefer digital banking through mobile and sense it as highly convenient. Smartphone penetration, the internet at affordable prices, and government initiatives answer why this obsessive adoption. But there is more to these. Let’s…
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The Advantages of Contactless Remittance Services in a Post-pandemic World
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COVID-19 changed the way we perceive the world forever. Every aspect of life underwent numerous changes, including how we make payments. When social distancing became the norm, the pandemic predominantly accelerated the shift towards digital and contactless solutions across all industries globally. What is contactless payment? Contactless payment is the process of wirelessly completing a…