3.1.8 India IMPS

UDIR:

Support is provided for IMPS Unified Dispute and Issue Resolution processing.
  • API processing changes are done for:
    • Request from NPCI to Remitter Bank to credit back the remitter (for reversal) by modified ‘ReqPay’ API
    • Response from Remitter Bank to NPCI to provide status of online credit (for reversal) using modified ‘RespPay’ API
    • ‘ReqChkTxn’ API initiated from Remitter Bank to NPCI to check the status of the transaction / dispute or adjustment raise at NPCI.
    • ‘RespChkTxn’ API initiated from NPCI to Remitter Bank to provide latest details of transaction / dispute.
    • ‘ReqChkTxn’ API initiated from NPCI to Beneficiary Bank to accept the API for Dispute / Autoupdate Status check.
    • ‘RespChkTxn’ API initiated from Beneficiary Bank to NPCI to provide latest status.
  • Screen Changes are provided in IMPS Outbound Transaction View Detailed (PJDOVIEW) & in Inbound Message Browser (PJSINBRW) for viewing reversal details. In IMPS Inbound Transaction View Detailed (PJDIVIEW), new display fields added for ‘Original Retrieval Reference’ & Transaction sub-type with list of values PAY and DR_REVERSAL. New Screen Reject Reversal Details (Function ID: - PJDREVDL) is provided to display the reject details of remitter online credit transaction if the original matching transaction is not found.
  • New API | Rest API (JSON format) impsChkTxnOut to be initiated from banking channel to check transaction status for a financial transaction to OBPM.
  • New API | Query service impsChkTxnOut Query to be initiated from banking channel to view the response transaction status check from OBPM for a financial transaction.
  • Screen IMPS Outbound Payment Preferences Detailed (PJDNWOPF) is modified.
  • 2 new fields (Request Acknowledgment Time-Out Period and Auto Status Check Time-Out Period) are added. Screen IMPS Outbound Transaction View Summary (PJSOVIEW) is modified to display Check Transaction status details.
  • New APIs are added for handling complaints raised through channels:
    • Rest API for banking channel to send the complaint for a financial transaction to OBPM.
    • Query service for viewing the response complaint from OBPM for a financial transaction.
    • ‘ReqComplaint’ API to be initiated from OBPM system for raising complaint for a financial transaction to NPCI.
    • ‘RespComplaint’ API to be initiated from NPCI to provide response of the raised complaint to OBPM system.

MCC codes for Credit Card Transactions

- Support is provided to populate Credit Card payment specific MCC codes - MCC 5415 (Corporate) or MCC 5414 (Retail) in IMPS outbound transactions.

IMPS- Retail Transaction Limit Changes
  • Support is provided for IMPS to maintain & validate per day cumulative limit for successful transactions per remitter account. If there are more than ‘n’ number of times decline/reversal transactions for an account in a day further IMPS outbound transactions to be disallowed for 24 hours.
  • Changes are applicable if MCC code used is for retail transactions. New limit preferences are added in in IMPS Transaction Limit Maintenance (Function ID: PMDDFLMT).

Parent topic: Regulatory Changes