Direct debit benefit transfer payment (DBTL)
Project Summary
Flux payment platform (PayDirect) implemented in india with NPCI NACH system.
Support ISO20022 message format. Integrated with Finacle CBS for real time account verification, transaction posting and signature verification interface.
System live operational from: December, 2014
National Payment System Name: NPCI – National Automated Clearing House System
Payment types supported: -
- Direct debit benefit transfer payment (DBTL)
Banks System Interfaced:
- SMS / Email Alerting
- H2H with NPCI
- CBS – Finacle 10 Integration
About Client
Leading Bank banking institution based in the coastal city of Mangalore in Karnataka, India. The Reserve Bank of India has designated this Bank as an A1+-class scheduled commercial bank. Bank currently has a network of 738 branches.