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ACH Payments(NACHA/NACH/Direct debit System), Test the ACH Payments system faster than other course
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Created by Surya Prakash Tripathi
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What Will I Learn?
- Complete knowledge of ACH payments
- How Paypal works(Paypal Use case)
- Mandate/eMandate needs
- Why corporate prefers ACH payments over card payment and other mode of payments
- How to pay monthly bills automatically
- Clearing system and settlements
- Accounting entries
- Posting
- Difference between ODFI and RDFI
- Difference between ACH credit and ACH debit
- ACH participants
- Use cases of ACH payments
- Mandate management system
- ACH file processing
- File presentment and settlement
- Batch file processing
- How pension and salary processing is done
- EFT
Requirements
- Absolutely no experience is required. We will start with the basics and gradually build up your knowledge. Everything is covered in the course.
