Integrated with Finacle CBS for real time account verification
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.
Remote paper mandate capture by integrating their mobile platform with Flux using RESTFULL API service.
System live operational from: December, 2016
National Payment System Name: NPCI – National Automated Clearing House System
Payment types supported: -
- Mandate management (MMS)
- ACH Debit/Credit
- Aadhaar Payment Bridge(APB) Credit
- ECS Credit outward
- Direct Benefit Transfer for LPG( DBTL) AV Files
Banks System interfaced:
- CBS – Finacle 10 Integration
- iWorks Document Management System Integration
- Internet Banking Integrations
- SMS /Email Alerting
- Host to host(H2H) interface with NPCI NACH
- Loan system interface
- Centralised Charge processing system – Zaffin
About Client
A Leading Small Finance Bank is a New Age Bank that gives children, youth, families and business people across India a new and fun way to bank.