Explained PCI DSS requirements on protecting cardholder data.
Category: Credit Cards Domain
Explained tricky credit card transaction s like Void, Reversal, Refund, Installment and Recurring. Useful for card users and programmers working in credit card domain projects.
Pre auth transactions usually lock customer funds by merchants. When the merchant makes Sale transaction, the amount will be adjusted. Read more.
I have Explained the top differences between Force vs MOTO transactions.
In Split shipment, how merchant submits bill to the acquirer explained with examples. This post is useful for learners who want domain knowledge.
Tokenization is the most powerful concept being used as per PCIDSS in credit cards domain to mask card number. There are two methods how tokenization works. The differences explained in audio podcast for Vault based and Vault-less methods.
In Credit cards domain each transaction, Sale, Refund , Reversal will generate ISO 8583 messages. This post explained format of these messages.
Try to understand Digital wallets vs Credit or Debit cards. The wallets have lot convenient and benefits compared to carry physical cards. Read more with examples.
