Transaction Processing Unit (TPU)

Transaction processing is one of the big vertical in PAMAC. Under Transaction Processing unit we provide end to end backend services like – Applications processing, payment processing, Cash and Cheque inter Bank  reconciliation etc.

 

Application Processing

We manage end to end application processing for various Banking / Non -Banking sectors. It includes the services as below:

• In-warding of application
• Screening of applications
• Scanning and Indexing
• Data Entry = 1st and 2nd level
• Quality checks
• Submission of Output file
• Dispatch of documents / application

 

Payment Processing

We work on 100% dual entry module for Payment processing activity. It includes the following two major activities as below:

I. Drop Box clearance

Our Field Executives visit to the places wherever the drop boxes have been installed and collect the cheques from the drop box.

II. Processing

• Sorting of the cheques – Valid / Invalid
• D1-1st Level Data Entry
• D2  Validation
• Submission of output file
• Banking of cheques
• Reconciliation

 

Cash and Cheque inter Bank reconciliation etc.

We manage error free reconciliation activity for CMS product of Bank. It includes the following activities:

• Receipt of transaction details from main bank and the correspondence bank
• Reconciliation of cash and cheque transaction
• Closure of Open items with correspondence bank branch
• Submission of report

 

PAMAC’s Unique Edge - TPU Vertical

• On line software application for distributing, tracking and reporting
• Covering vast Geographical Network across India & UAE
• Managing large volumes together with fluctuations during month ends/peak festive seasons
• Continuous trainings and re-skilling of resources
• Time and Cost Effective Solutions to reduce Turn around times and improve quality of output
• Periodical publishing of Fraud Bulletin and Alerts to Clients
• Dedupe against large database across products and cities