VAJRA - NPCI real-time clearing on blockchain
press released in Jan 2020 , status of project UNKNOWN The National Payments Corporation of India (NPCI) has planned to launch a...
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- Oct 3, 2021
- 4 min
Filling MT101 , MT 103 ,MT 202 and COV messages
in this blog, I am trying to explain the essential attributes and its basic values to be filled and concept around them in payment...
- Sep 5, 2021
- 3 min
How ECS works ? What is NECS ?
Electronic Clearing Service (ECS) The ECS system is available in 88 cities. Membership in the ECS is automatically extended to all...
- Sep 3, 2021
- 3 min
How RTGS works , maintained by RBI
The RTGS system process flow The RTGS business day starts at 09:00. Customer and interbank transactions can take place from the start of...
- Sep 2, 2021
- 2 min
ATM infrastructure and services (INDIA)
The total number of ATMs in the country as of September 2020 was 234,244. The major ATM networks in India are National Financial Switch...
- Sep 1, 2021
- 3 min
Difference Between EFT and ECS (India)
The country currently accepts two types of payments electronically. One is EFT(Electronic Fund Transfer) and the other one is...
- Jul 31, 2021
- 5 min
Payment clearing and settlements around World
#BIS ,#https://www.theclearinghouse.org/ ,# ** United States Payment systems (funds transfer systems) ** FEDWIRE In the United States,...
- Jul 4, 2021
- 2 min
Payment Players (Banks , PSPs and Fintechs)
#PaymentPlayers New Emergence is appearing in many part of world due to bank inclusion and digital identity acceptance globally which is...
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