BEPS Real - Time Processing
- This section details the difference in processing of BEPA Real-time transactions compared to other payment methods:
Reject Processing
- For BEPS inbound messages, queue processing is not applicable. In case of exceptions, reject message is generated based the error encountered. Reject code will be populated in the message based on the error code mapping in CNAPS Reject code maintenance.
- System checks the Network cutoff before the Reject message generation and the message generation is done only if the Network cutoff is not over.
- If cutoff is over, separate outbound transaction is initiated on the next working day with the reject details. This has to be manually controlled.
Credit Confirmation
- On the outbound transaction once the credit confirmation message is received, the Transaction status is updated as ‘Credit Confirmed’.
- On the inbound, once the credit liquidation is completed, system generates acknowledgment confirming the credit to the beneficiary. This message is generated only if Network cutoff is not over. The Acknowledgment status is updated as Confirmation Sent.
- For the credit confirmation sent, once ACK/ NACK received from CSM, the acknowledgment status is updated as ‘Accepted’ or ‘Rejected’.
Parent topic: CNAPS Credit