Payment Status Tracker - IBR-019

Program Architecture Layer	Business Logic Layer
Module	Data Management
Component	Data Matching Engine
Level of Importance	Optional
Priority	Low
Social Protection Delivery Chain Stage	Provide, Manage

Requirement Description	IBR ideally should be able to receive and store payment status updates from the Secure Payment Data Exchange
Justification	Enables accurate tracking of benefit delivery and facilitates issue resolution
Use Case	Receive and store payment status updates from the Secure Payment Data Exchange.
Data Elements Required	Beneficiary ID, Payment Status, Secure Payment Data
Minimum Technical Specifications	Database: Table for payment status linked to beneficiary ID. Integration: REST API for receiving payment status updates. UI: Web-based interface for viewing payment status.
Standard Technical Specifications	Database: Relational database with ACID compliance for financial data. Integration: Real-time messaging with Apache Kafka. UI: Dashboard with real-time payment tracking.
Advanced Technical Specifications	Database: Distributed ledger for secure payment tracking. Integration: Real-time settlement using blockchain. UI: Interactive payment status with chatbot integration for queries.
Security & Privacy Requirements	ACID compliance for financial data storage, secure API.
Scalability Considerations	Distributed ledger for scalable and secure payment tracking.
Interoperability Requirements	Real-time messaging API for secure payment status updates.
Compliance with International Standards	Compliance with ISO 20022 for financial data exchange.
User Interface Requirements	Payment tracking UI with real-time status update features.

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