Recurring Payment Mandate NACH

Recurring Payment Mandate NACH, available at $39.99, has an average rating of 4.2, with 15 lectures, 1 quizzes, based on 17 reviews, and has 316 subscribers.

You will learn about What is NACH in India Get overview and understanding of NACH and Aaadhar Payment Bridge System in India Features and Benefits of NACH in India National Automated Clearing House (NACH) This course is ideal for individuals who are Non-Technical product managers and professionals or Students who want to learn about NACH in India It is particularly useful for Non-Technical product managers and professionals or Students who want to learn about NACH in India.

Enroll now: Recurring Payment Mandate NACH

Summary

Title: Recurring Payment Mandate NACH

Price: $39.99

Average Rating: 4.2

Number of Lectures: 15

Number of Quizzes: 1

Number of Published Lectures: 15

Number of Published Quizzes: 1

Number of Curriculum Items: 16

Number of Published Curriculum Objects: 16

Original Price: ?6,500

Quality Status: approved

Status: Live

What You Will Learn

What is NACH in India

Get overview and understanding of NACH and Aaadhar Payment Bridge System in India

Features and Benefits of NACH in India

National Automated Clearing House (NACH)

Who Should Attend

Non-Technical product managers and professionals

Students who want to learn about NACH in India

Target Audiences

Non-Technical product managers and professionals

Students who want to learn about NACH in India

Unlock the Power of Automatic Payments: NACH and Aadhaar Payment Bridge System

Discover 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 System

Decode ISO 20022 Messaging: Uncover the messaging standards that underpin direct debit in the NACH framework

Navigate NACH Participant Roles: Gain insights into the roles of different participants in the NACH ecosystem

Follow the NACH Mandate Flow: Explore the journey of mandates in the NACH framework

Grasp File Flows: Learn about different file types and their flow within NACH

Demystify Host-to-Host Processes: Understand the behind-the-scenes operations of host-to-host interactions in NACH

Track Debit and Credit Transactions: Examine the transaction processes for both debit and credit transactions in NACH

Explore Settlement Accounts: Discover the accounts responsible for settlement within the NACH system

Illuminate Aadhaar Payment Bridge System (APBS): Understand the critical components and processes of APBS, including Aadhaar-Based Direct Benefit Transfer (DBT)

Tackle Risks and Challenges: Gain insights into the potential risks and challenges associated with Automated Clearing House (ACH) systems like NACH

This course is your gateway to understanding the critical backbone of automated payments in India, offering you a holistic view of NACH and the Aadhaar Payment Bridge System.

Take a moment to review the course overview before enrolling, and get ready for an enriching learning experience.

Join us for an exciting exploration of the world of digital payments!

Warm Regards,

Team – Global FinTech Academy

“Our unwavering commitment is to provide our students and clients with top-tier training, marked by quality and excellence, consistently earning us 5-star ratings.”

Course Curriculum

Chapter 1: NACH in India

Lecture 1: NACH in India and NACHA in US, Similarities and Differences

Lecture 2: Benefits of NACH

Lecture 3: Features of NACH

Chapter 2: ISO 20022 message codes for the mandate

Lecture 1: ISO 20022 message codes for the mandate set up

Chapter 3: NACH Participants and Transaction flow

Lecture 1: NACH – Mandate Management System (MMS)

Lecture 2: NACH Participants

Lecture 3: NACH Mandate Transaction Flow Diagram. NPCI (India)

Lecture 4: NACH Transaction Status Files

Chapter 4: NACH file flow, Host to Host process and Digital Signature (DSC), Maker, Checker

Lecture 1: NACH file flow, Host to Host process

Lecture 2: NACH Debit (Deduct) Transaction process flow

Lecture 3: NACH Credit (Deposit) Transaction process flow

Lecture 4: NACH Settlement Bank Account, Process and Sub-Membership

Chapter 5: Aadhaar Payment Bridge System (APBS) Direct Benefit Transfer (DBT)

Lecture 1: Aadhaar Payment Bridge System (APBS) Direct Benefit Transfer (DBT)

Lecture 2: Few important points about Aadhaar Payment Bridge System (APBS)

Chapter 6: Risks and Challenges in ACH and NACH

Lecture 1: Risks and Challenges in ACH and NACH

Chapter 7: Lets Revise, Quiz

Instructors

Global FinTech Academy
Courses on Financial Technology FinTech.

Rating Distribution

1 stars: 0 votes

2 stars: 0 votes

3 stars: 3 votes

4 stars: 9 votes

5 stars: 5 votes

Frequently Asked Questions

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