Top payment methods so popular in day to day payments
Category: Credit Cards domain knowledge
There are significant differences for Key entered and PIN entry transactions in Credit cards processing.
Payment facilitator key role explained in credit cards business.
EMV contact and contactless cards play a critical role in credit cards processing. EMV is a standard, so the data in EMV chip cards can not be copied, so chances for hacking is very minimal.
Con-tactless credit cards are two types. Those are EMV and MSD. In fact, both are contactles, but the way of working is different.
Near Field Communication (NFC) technology is a standards-based wireless communication technology that allows data to…
The below are the general guidelines followed by acquirer for Batch reconciliation or Debit reconciliation…
Reversal Credit card transactions, usually merchants initiate to return money. Explained top differences between host and terminal based reversals.
Free credit cards domain knowledge online free tutorials.
Benefit to cardholders if they use cashback rewards program. How this program works explained.
The increased security is called Tokenization. Its real concept explained with examples.
The full list of ideas and business knowledge on credit cards domain knowledge for software developers.
