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Recurring Payment Mandate NACH

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Partner: Udemy
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Description: Unlock the Power of Automatic Payments: NACH and Aadhaar Payment Bridge SystemDiscover the time-tested, cost-effective, and widely popular method of handling recurring payments for utility bills, loan EMIs, salaries, social benefits, and various other periodic financial transactions. Automatic payment systems for recurring obligations and receivables have become a staple in numerous countries, appealing to individuals of all age groups.In this dynamic course tailored for businesses, we will embark on an enlightening journey to uncover the intricacies of NACH and the Aadhaar Payment Bridge System (APBS) in India.Please note that this course does not delve into technical integration, programming, or bank account entries, as it focuses on a comprehensive overview. If you're seeking in-depth technical knowledge, we offer separate courses on NACHA, NACH, and Bacs.Here's a glimpse of what you'll explore in this course:Delve into the world of NACH in India: Understand its features, benefits, and the Mandate Management SystemDecode ISO 20022 Messaging: Uncover the messaging standards that underpin direct debit in the NACH frameworkNavigate NACH Participant Roles: Gain insights into the roles of different participants in the NACH ecosystemFollow the NACH Mandate Flow: Explore the journey of mandates in the NACH frameworkGrasp File Flows: Learn about different file types and their flow within NACHDemystify Host-to-Host Processes: Understand the behind-the-scenes operations of host-to-host interactions in NACHTrack Debit and Credit Transactions: Examine the transaction processes for both debit and credit transactions in NACHExplore Settlement Accounts: Discover the accounts responsible for settlement within the NACH systemIlluminate Aadhaar Payment Bridge System (APBS): Understand the critical components and processes of APBS, including
Category: IT & Software > Other IT & Software > Payments
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Price: 89.99
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Source: Impact
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