Recurring Digital Payment, PayPal, ACH(NACHA/Direct Debit)
What you'll learn
- What is ACH and NACHA
- Transaction flow of ACH and NACH.
- No Technical Integration, Programming and Bank Account entries are discussed in the course
- Business Oriented course for Non-technical Product Managers and Professionals
- List of Direct Debit Systems for 14 countries and regions
- Aadhar Paymement Bridge System (APBS)
- Get overview and understanding of ACH (NACHA/NACH) and APBS payment
- Features and Benefits of ACH and NACH
- Brief on BACS
- What is NACH
Requirements
- Basic understanding of digital finance
- To learn and reflect on the discussed points
Description
Revolutionize Your Payment Knowledge: Dive into the World of Direct Debits and Payments!
Direct Debit and Direct Payment, the time-tested, cost-effective, and widely adopted methods for handling recurring utility bills, loan EMIs, salary, social benefits, and other regular income transactions. These automatic payment systems have stood the test of time and are embraced by people of all age groups around the globe.
In this business-centric course, we'll take you on an exhilarating journey through the world of payment systems, unveiling the intricacies of ACH systems like NACHA in the USA, NACH in India, and Bacs in the UK. Plus, we'll provide a quick tour of direct debit payment systems in 14 countries.
(Please make sure to explore the introduction video and course overview before diving in)
Here's a glimpse of what you'll master:
Explore the Foundations: What is ACH (Automated Clearing House), NACHA, and the core benefits
Decode the Roles of Key Players: Discover the participants like ODFI and RDFI, and their pivotal roles
Follow the Money: Understand the ACH transaction flow, SEC Code, and ACH Returns
Stay Updated: Get insights into the New Updates for 2021, including Same-Day ACH
Demystify PayPal ACH: Learn how PayPal ACH transactions work and their flow
Unveil NACH in India: Explore the features, benefits, and the Mandate Management System
ISO 20022 Messaging: Navigate through ISO 20022 messaging for direct debit transactions
Master NACH Processes: Learn about NACH participants, mandate flow, file types, and more
Dive Deep into Direct Debits: Understand BACS direct debit in the UK and discover direct debit systems in 14 countries/regions
Face Challenges Head-On: Explore the Risks and Challenges in ACH and NACH
Rest assured, this course offers a comprehensive understanding of the dynamic world of direct debits and payments, without delving into technical integration or programming.
We eagerly anticipate the opportunity to meet you in the course, where your journey towards payment expertise begins.
Happy Learning!
With Best Regards,
Global FinTech Academy
"Our unwavering commitment is to provide our students and clients with top-tier training, marked by quality and excellence, consistently earning us 5-star ratings."
Who this course is for:
- Non-Technical product managers and professionals
- Students who want to learn about ACH NACHA and NACH
- Trainer and Teachers of Digital Finance
Instructor
- 4.3 Instructor Rating
- 6,397 Reviews
- 37,431 Students
- 25 Courses
"Simplifying FinTech for Everyone" . Learn FinTech with Global FinTech Academy
In the rapidly evolving FinTech world, it is important for a business professional, students and teachers to keep upskilling and learning about new things that can impact their careers, businesses and lives.
We know there are very few courses out there that focus on maintaining a fine balance between the Technical and Business aspects of Technology. And we develop exactly those type of courses that explains the technology and helps you to understand the business aspects of those.
Our courses are developed by Business Consultants who work in the FinTech and Financial Inclusion domain and are passionate about teaching and sharing their knowledge with others. So you get the best of the theory and market strategies they learn from their practice.
Our courses under the brand name Global FinTech Academy (GFA) are pursued by 50,000 plus people in 182 countries in 50 languages. We are truly humbled by the response and appreciation we get from them. We will be glad to welcome and serve you through our courses and see you rising in your career.
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