1. India IMPS Payments User Guide
  2. IMPS Maintenances
  3. IMPS Maintenance
  4. IMPS Inbound Payment Preferences

IMPS Inbound Payment Preferences

The IMPS Inbound Payment Preferences screen allows users to maintain the Inbound Preferences for India IMPS.

  1. On Homepage, specify PJDNWIPF in the text box, and click next arrow.
    IMPS Inbound Payment Preferences Detailed screen is displayed.

    Figure 3-3 IMPS Inbound Payment Preferences Detailed

    Description of Figure 3-3 follows
    Description of "Figure 3-3 IMPS Inbound Payment Preferences Detailed"
  2. Click New button on the Application toolbar.
  3. Following are the actions allowed from this screen:
    • New
    • Save
    • Copy
    • Print
    • Enter Query
    • Unlock
    • Delete
    • Authorize
  4. On IMPS Inbound Payment Preferences Detailed screen, specify the fields.

    For more information on fields, refer to the field description below:

    Table 3-2 IMPS Inbound Payment Preferences Detailed - Field Description

    Field Description
    Network Code Select the network code of the India IMPS from the list of values.

    If only one Network is maintained with payment type as ‘IMPS’ for the host code, the same gets defaulted in this field. In case multiple networks are found for the same combination, all applicable networks are listed. You can select the required network.
    Network Description System defaults the description of the network selected.
    Network Type Description System defaults the Network Type Description on the Network code selected.
    Host Code The system defaults the Host Code of transaction branch on clicking ‘New’.
    Host Code Description System defaults the description of the Host Code displayed.
    Source Code Select the Source Code from the list of values. This is a mandatory field. Source codes maintained in the PMDSORCE screen are listed here. This is used as source code, for inbound payment processing.

    For Inbound IMPS payment only ‘Upload’ source type is applicable.
    Source Code Description System defaults the description, based on the Source Code selected.
    Transaction Currency System defaults the transaction currency as ‘INR’ for India IMPS payments
    IMPS Transaction Type ‘P2A’ option is checked by default. This is a mandatory field and you can modify the option defaulted. IMPS transaction types allowed for the network are:
    • P2A: When checked, this indicates ‘Account Number + IFSC based’ IMPS transaction type.
    • P2P: When checked, this indicates ‘MMID + Mobile Number’ based IMPS transaction type.

    Note:

    It is mandatory to maintain at least one IMPS transaction type for the network as required.
    Payment Preferences --
    Beneficiary Name Match required This flag indicates, whether ‘Beneficiary Name Match’ is required for the inbound IMPS payments. Check this box to enable, beneficiary name match. This is unchecked by default.
    Beneficiary Validation Amount Specify the Amount in INR currency.
    Accounting Codes --
    Debit Liquidation This is a mandatory field. Select the accounting code for the Debit Leg (Clearing GL) of event DRLQ.
    Credit Liquidation This is a mandatory field. Select the accounting code for the Credit/Debit Leg (Clearing GL) of event DRLQ/CRLQ.
    Pricing Details --
    Transaction Pricing Code Select the pricing code from the list of values. All the valid Pricing codes maintained in ‘Pricing Code Detailed’ (PPDCDMNT) are listed here. Pricing codes to be applied for India IMPS can be selected. Computation of Charges and Tax are based on the pricing code linked here.
    Network Account Details --
    Network Account Select the Network Account from the list of values. All the valid network accounts are listed here. The Network account if maintained here, is replaced with Clearing GL while posting the credit accounting for outbound payments.

Parent topic: IMPS Maintenance