Digital Payments and Transactions: Year-, Month- and Bank-wise Number of Transactions Transactions Performed and Failed by Credit Sponsor Banks through NACH

High Frequency Indicator: The dataset contains year-, month- and bank-wise compiled data from the year 2021 to till date on the transactions performed (responses) and failed (returns) by credit sponsor banks through National Automated Clearing House (NACH) system

Notes:

1. NACH Credit is an electronic payment service used by an institution for affording credits to a large number of beneficiaries in their bank accounts for the payment of dividend, interest, salary, pension etc. by raising a single debit to the bank account of the user institution
2. Business Declines (BD) are declined transactions due to a customer entering an invalid pin, incorrect beneficiary account etc. or due to other business reasons such as exceeding per transaction limit, exceeding permitted count of transactions per day, exceeding amount limit for the day etc.
3. Technical Declines (TD) transactions are those transactions are declined due to any technical reasons such as bank ID is empty or not in correct format or exception code not in Database or not in correct format, etc

高频指标数据集：本数据集汇集了自2021年起至当前，由各银行通过国家自动化清算所（NACH）系统执行的交易（响应）及失败（退回）情况，包括年度、月度以及银行层面的数据。

备注：
1. NACH信用支付是指通过向用户机构银行账户发起一次性扣款，为大量受益人提供银行账户信用，以支付股息、利息、工资、养老金等费用的电子支付服务。
2. 业务拒绝（BD）是指由于客户输入无效PIN码、受益人账户信息错误等，或因超过每笔交易限额、超出每日允许的交易次数、超过当日的金额限制等其他业务原因而拒绝的交易。
3. 技术拒绝（TD）交易是指因任何技术原因（如银行ID为空或格式不正确、异常代码不在数据库中或格式不正确等）而拒绝的交易。