ReqPay Debit Outbound Payments Transaction Processing
Request for Debit - Outbound payments transaction
processor follows the below listed processing steps:
- Message Parsing
- Acknowledgment Message Generation
- Transaction Account Branch Derivation
- Initial Validations
- Duplicate Check
- Account Level Daily limit Check
- Pricing
- ECA Check (for Customer/Account Status, MPIN Validation, Balance Check)
- Accounting
- Messaging
- Notification