How IOUX helps avoid the Problem of Delayed Payment of Invoices?

THE OVERHANGING PROBLEM OF DELAYED PAYMENTS AND HOW TO SOLVE THIS ISSUE? Small business owners that conduct credit transactions on a day-to-day basis face the persistent problem of delayed payments, either due to an unreliable buyer or some other unforeseen event. Even payment defaults from their customers is not entirely uncommon and can lead to …

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How does IOUX ensure the Timely Payment of Cheques and Invoices?

The ongoing pandemic has only hastened the need for MSMEs to digitally transform their business. The Small and Medium businesses, known famously as the growth engines of the Indian economy, have faced the brunt of the pandemic, irrespective of their size or sector. Especially for a country like India, where the MSME sector contributes to …

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What are Smart Contracts and What are the Benefits of Smart Contracting Through the IOUX Network Platform?

A smart or digitally generated contract is an agreement between two parties that is created online, its parties properly authenticated online, eSigned, eStamped (online stamp duty payment order) and thus executed over the internet. Compared to conventional physical paper based documents, Smart Contracts are a faster and more convenient alternative to enter into agreements or …

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What is eStamping or Online Stamp Paper ? How to Procure it?

e-Stamping refers to the online process of paying non-judicial stamp duty for execution of any type of document or legal agreement, and has now established dominance over traditional ways of paying stamp duty, and is recognised and supported by several state governments. In an effort to reduce counterfeit and error instances, the Government Of India …

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