ACH(NACHA-NACH-Direct Debit) Digital Payment System

What is ACH and NACHA
Transaction flow of ACH and NACH
No Technical Integration, Programming and Bank Account entries are discussed in the course
Business Oriented course for Non-technical Product Managers and Professionals
List of Direct Debit Systems for 14 countries and regions
Aadhar Paymement Bridge System (APBS)
Get overview and understanding of ACH (NACHA/NACH) and APBS payment
Features and Benefits of ACH and NACH
Brief on BACS
What is NACH
Requirements
Basic understanding of digital finance
To learn and reflect on the discussed points
Description
Direct Debit and Direct payment is a very old, cost-effective and popular method to pay for your recurring utility bills, loan EMI etc. And the direct payment is used to get a salary, social benefits, and other incoming recurring or one-time payments. Such an automatic payment system for recurring obligations and receivables are used in many countries and is a very popular method among all age groups.

In this business-oriented course, we will understand about ACH system by NACHA in USA, NACH in India and Bacs in UK. We will also glance through the direct debit payment system of 14 countries.

“NO Technical Integration, Programming and Bank Account entries discussed in the course”

(Please see the introduction video and course overview, before enrolling)

In the business-oriented course learn about;

What is ACH, NACHA, Automated Clearing House, benefits, participants, ODFI and its role, RDFI and its role, ACH transaction flow, SEC Code, ACH Return, New Update for 2021 (same day ACH), How does PayPal ACH work, Paypal ACH transaction flow, NACH in India, NACH features, NACH benefits, Mandate Management System, ISO 20022 messaging for direct debit, NACH participants, NACH mandate flow, NACH files types, file flows, host to host process in NACH, NACH debit transaction process, NACH credit transaction process, NACH settlement accounts, Aadhaar Payment Bridge System (APBS), Aadhaar Based Direct Benefit Transfer (DBT) System, a few important points of Aadhaar Payment Bridge System, BACS direct debit in the UK, list of direct debits payment system in 14 countries/regions, Risks and challenges in ACH, NACH?

We look forward to meeting you in the course.

Happy Learning.

Thanks

Team – Anything Finance

“Our aim is to deliver good quality and 5 Star training to our students and clients”

Who this course is for:
Non-Technical product managers and professionals
Students who want to learn about ACH NACHA and NACH
Trainer and Teachers of Digital Finance