Network Preference Maintenance
Network
An electronic funds transfer network, such as PULSE, that links financial institutions and their cardholders to ATMs and merchant point-of-sale (POS) terminals to complete an electronic financial transaction. suggestion is a feature that is provided to retail and corporate users as part of the domestic transfer (India region) offering. If domestic transfer network suggestion is enabled in system configuration, when a business user initiates a domestic transfer, the system will identify which networks (NEFT, IMPS or RTGS) are supported for the transfer based on certain factors such as payee bank support of networks, network limits and working window maintenance. The system will also suggest a network, out of the enabled networks, based on the preferences defined for each domestic network by the administrator from the Network Preference Maintenance screen.
Once defined, the administrator can also modify this network preference.
Pre-Requisites
- Transaction access is provided to the administrator.
Features Supported In Application
This option allows the System AdministratorAdministrator is a set of individuals that administer the applicant/Affiliate entity. For example, Accountants, Authorized Signatories for organizations, Power of Attorney for individuals. to:
How to reach here:
System Administrator Dashboard > Payments > Network Preference Maintenance
OR
System/ Bank Administrator Dashboard > Toggle Menu > Payments > Network Preference Maintenance
Network Preference Maintenance - View
This screen allows the System Administrator to view the domestic network preference maintenance.
To view the network preference maintenance:
- Navigate to the Network Preference Maintenance screen.
Note: There is no default priority that is defined. System Administrator should define the priority on day zero as per the Bank’s requirement.
Field Description
|
Field Name |
Description |
|---|---|
|
Resolved Networks |
The list of domestic transfer networks for which priority are assigned. |
|
Priority |
The priorities defined for each domestic transfer networks (IMPS/NEFT/RTGS). In case priority has not yet been set, the fields under this column will be blank. |
- Click Edit to edit the network preference maintenance.
OR
Click Cancel to return to the dashboard.
Network Preference Maintenance - Edit
This screen allows the System Administrator to modify the domestic network preference maintenance. In case network preferences have not yet been defined, the fields under the Priority column will be blank and clicking on the Edit option will enable the administrator to set network preference maintenance.
To modify the network preference maintenance:
- Navigate to the Network Preference Maintenance screen.
- Click Edit to make changes, if any. The user is directed to the Network Preference Maintenance - Edit screen with values in editable form.
OR
Click Cancel to cancel the transaction and go back to the dashboard.
Field Description
|
Field Name |
Description |
|---|---|
|
Resolved Networks |
The list of domestic transfer networks for which priority maintenance is to be done. |
|
Priority |
The priority set for the domestic transfer networks (IMPS/NEFT/RTGS). |
- From the Priority list, select the appropriate option.
- Click to save the changes.
OR
Click to cancel the transaction.
OR
Click to navigate back to the previous screen. - The Review screen appears. Verify the details, and click .
- The message confirming updation of domestic transfer network preference maintenance appears along with the transaction reference number.
- Click to complete the transaction.