What are the key activities in a BPMN for a payment system?

In a Business Process Model and Notation (BPMN) for a payment system, several key activities are involved. Firstly, there is the initiation of the payment process, where a customer initiates a payment request. This is followed by the validation and verification process, where the payment details are validated and verified for accuracy and security. Once the payment is confirmed, the next activity involves the actual transfer of funds from the customer's account to the recipient's account. This includes accessing the necessary banking systems and processes to facilitate the transfer. Finally, there is the notification and confirmation step, where both the customer and the recipient receive notifications and confirmations regarding the successful completion of the payment. These key activities ensure a smooth and efficient payment process within the BPMN for a payment system.

This mind map was published on 7 January 2024 and has been viewed 91 times.