CBS is networking of branches, which enables customers to operate their accounts, and avail banking services from any bank s branch on CBS network, regardless from where they opened their account.
Our client connects to 3 rd part EFT switch on one side over WAN, establishes TCP/IP connection on the designated end point (IP/port) It connects to the database of the CBS using JDBC. ISO8583 messages received from the switch are processed in a asynchronous manner.
TBA is networking of a bank within bank s branch, which enables customers to operate their accounts, and avail banking services from its branch only on LAN network .
IMPS - Immediate Payment Service is an interbank electronic instant mobile money transfer service through mobile phones in India.
Direct Benefit Transfer or DBT is an attempt to change the mechanism of transferring subsidies launched by Government of India on 1 January 2013. This program aims to transfer subsidies directly to the people through their bank accounts.
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