Payment Operations Controls

Automated controls for inward and outward payment transactions

IPI Transactions
IPP Transactions
FTS Transactions
International
Key Business Requirements
Our digital controls address critical business needs for Payment Operations:
  • Ensure high-accuracy Quality Checks for account, amount, and currency.
  • Achieve robust Reconciliation across multiple payment systems.
  • Maintain strict TAT (Turnaround Time) and Status Monitoring for all transactions.
System Architecture & Data Flow
Multi-system integration for comprehensive payment monitoring

CHANNELS

Mobile Banking
Internet Banking
Branch Systems

IMPS

Outward IMPS
Transaction Log
Status Mapping

NEFT

Outgoing Transactions
Status Mapping
International

CORE BANKING

Account Master
Transaction Log
GL Accounts
Real-time Data Flow
Automated Reconciliation
Control Validation
Data Masking & Testing Framework
Production data transformation for secure testing environments

Production Data Sources

Payment Gateway
PostgreSQL
Core Banking
Oracle
IMPS/NEFT
MongoDB
Channels
MySQL
Data Masking Engine

Sensitive Production Data

account_number: 1234567890123456
customer_name: John Smith
amount: 50000.00
phone: +91-9876543210

Masked Test Data

account_number: XXXX-XXXX-XXXX-3456
customer_name: Test User 001
amount: 45000.00
phone: +91-XXXX-XX-3210

Test Environments

Development
Daily refresh
UAT Testing
Weekly refresh
Performance
On-demand
Test Data Scenarios
Extensive test cases covering all payment types, edge cases, and business scenarios

IMPS Transactions

Standard P2P Transfer
Amount: ₹5,000 | From: Savings | To: Current | Status: Success
Expected: Real-time processing, SMS alerts
High-Value Business Transfer
Amount: ₹2,00,000 | From: Current | To: Current | Status: Success
Expected: Additional approval, compliance check
Mobile Number Based Transfer
MMID: 1234567 | Mobile: 9876543210 | Amount: ₹1,500
Expected: MMID validation, instant credit
Cross-Bank IMPS
From: HDFC | To: ICICI | Amount: ₹25,000 | Time: 14:30
Expected: Inter-bank settlement, fee deduction

NEFT Transactions

Salary Credit Batch
Batch Size: 500 employees | Total: ₹1.2 Cr | Time: 09:00
Expected: Batch processing, bulk validation
Vendor Payment
Amount: ₹50,000 | Purpose: Invoice Payment | Batch: 3rd
Expected: Next batch cycle processing
Pension Disbursement
Recipients: 1000+ | Amount: ₹15,000 each | Frequency: Monthly
Expected: Scheduled processing, beneficiary validation
International Inward Remittance
From: USD 1000 | To: ₹83,500 | SWIFT: HDFCINBB | Purpose: Family Support
Expected: FEMA compliance, currency conversion

Explore Other Control Systems

Cheque Book IssuanceChargeback & Dispute