How Do Digital Payment Platforms Benefit Catalysis?
Digital payment platforms provide several benefits to the field of catalysis:
Efficient Transactions:Real-time payments ensure quick and seamless transactions, reducing the time wasted in traditional banking processes. Transparency: These platforms offer transparency by maintaining detailed records of all transactions, aiding in financial audits and compliance. Cost-Effective: Digital transfers often come with lower transaction fees compared to traditional methods, which can be advantageous for research funding and budget management. Global Reach: Facilitates international collaborations by supporting multiple currencies and cross-border payments.