How a cashback transaction works explained the flow here. It is for Cashback when the Customer uses a Debit card.
Category: Credit Cards Domain
Here’re differences between Vaultless, Vault-based and Encryption tokenization methods for PCI, PII and PHI.
Explained PCI DSS requirements on protecting cardholder data.
Top differences between Void, Reversal, Refund, Installment and Recurring transactions.
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.
Popular credit card payment processors across the world awesome list
Incremental authorization best example explained how it works clearly.
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