The customers of the bank initiate various outgoing payments from their accounts using channel banking facility. As per regulations set by Central Bank of various countries, outgoing payments must contain the purpose of payment which needs to be provided by the customer while initiating a transaction. Host systems/Product Processor maintains various purposes of payments. System Administrator maps these purposes to each type of payment available through channel banking, which are then made available to the customers for selection while initiating each payment.
Pre-Requisites
Workflow
Features Supported In Application
This option allows the System Administrator to:
How to reach here:
Administration Dashboard > Payment Purpose Mapping
OR
Administration Maker Dashboard > Quick Links > Payment Purpose Mapping
System Administrator logs into the system and navigates to the Payment Purpose Mapping maintenance. This screen allows the administrator to search and view payment purposes mapped to payment transactions.
User selects the transaction type to view the mapping; the results are displayed on the same screen.
To search purposes for the payment type:
Field Name |
Description |
---|---|
View |
|
Payment Type |
Select a Payment type to view the payment purpose mapping. This field will list the payment types for which the mapping is available. |
Purpose Description |
List of the payment purposes maintained in host. Mapped purposes to a selected transaction type would be highlighted in green color. |
Administrator can edit payment purposes mapped to specific transaction type. As a part of edit payment purpose mapping, user is allowed to remove the existing payment purposes and map new payment purposes to the transaction type.
To edit purposes for the payment type:
Field Name |
Description |
---|---|
Edit |
|
Payment Type |
Selected Payment type to edit the payment purpose mapping. |
Purpose Description |
List of the payment purposes maintained in host. Mapped purposes to a selected transaction type would be highlighted in color. User can edit the mapping. |
Administrator can map payment purposes to new transaction types for which an existing mapping is not available.
To map the payment purposes:
Field Name |
Description |
---|---|
Map Purpose |
|
Payment Type |
Select a Payment type to map payment purposes. This field will list the payment types for which payment purposes are not mapped previously. |
Purpose Description |
List of the payment purposes maintained in host. Selected payment purposes for mapping would be highlighted in color. |
FAQs
Who can create-edit this maintenance?
Can I maintain new payment purposes using this option?
Can customer specify his own purpose of payment while making a payment from channel?
Can I edit the payment purpose mapping? How does it impact the transactions