Chapter#01:Card Payment-Credit Card Authorization Cycle-Issuing Acquiring Banking by Ramesh Chugh
Вставка
- Опубліковано 29 вер 2024
- Card & Payment - Credit Card Authorization Cycle -Basic of Issuing Acquiring Banking - Chapter - 1 - Tutorial by Ramesh Chugh
I want to say thank you so much sir, I swear to God, i want to cry from happiness, because this the first time I understand this process and finally I can write my thesis with full understanding 😭😭thank u 🙌🙌🙌
Nicely explained. Need to work on the camera focus issue, as it kept disturbing throughout the video.
true
I am planning to remake first 2 sessions with better video quality
Best and easiest explaination received so far
video is nce ,i m currentlly working for payment ,please send me any hard copy of this issuer and acquirer txn ? for interview purpose
dharmendra kumar ... i am sorry i dont have any soft copy.
Introducing my website www.alltekkies.com,
All Tekkies is a platform where you can ask a question, answer any question, and can have chat with experts/tekkies/friends, there you have 2 options to have chat with tekkies, Public as well as Private (one to one) chat.
Signup in simple steps and be a part of All Tekkies.
A great platform for Tekkies, Domain Experts, beginners, teachers and students across the locations to connect thru All Tekkies and share knowledge.
Coming soon.... Android and iOS Mobile App, Registration as a domain expert, book a session with expert and many more to come.
Stay connected on our youtube channel and fb page for upcoming events…
ua-cam.com/users/rameshchugh24
facebook.com/All-Tekkies-221550138572215/
Have a look at the video on my channel for a demonstration on how to use our website www.alltekkies.com
ua-cam.com/video/xO-_Ueg6Ca4/v-deo.html
Please signup and share it with your friends, colleagues, and family.
Thank you !
Cheers !
All Tekkies
www.alltekkies.com
All, I am planning to remake first 2 sessions with better video quality. Thanks
Can you take session on 3ds 2.0 ?
Can you explain the various types of fees in the Credit card transaction lifecycle.
For questions and answer Pls watch this video.
ua-cam.com/video/clQ-4m9Yk-U/v-deo.html
Remake of chapter 1 and 2 is now available on my channel.
ua-cam.com/video/OlqIdvh-ZnI/v-deo.html
Thank you so much.
Currently I'm working in card payment industry. I want to learn more in this field and get certification.
Is there any courses available in mumbai ?
Your like the god sent from the heaven! I was struggling in understanding settlements and clearance and I always get lost at the part of the networks people talk about it expecting you to already know. So they NEVER cover this basic area. But just assuming you know which just hinders the whole process of understanding it from the beginning. Coming from a background with no expeirence in it. It was tough but learning from this video really made my understanding MUCH BETTER.
Thank you sooooo much for this video!!!! You explained it like an expert :). Really appreciate it!
Hi are you working in payments domain
Please focus once and leave. Dont change focus again and again.
I am planning to remake first 2 sessions with better video quality
Very well explained. Thank you. I am your new subscriber 😊
Good explanation, but camera man has destroyed the quality by unnecessary zoom in and outs
the bankB is the same bank in which the merchant is having his/her account?
Sir can you explain what is Rent Payment Phone in credit card transaction ?
The video would have been so much better with a good cameraman or a tripod.
Great explanation - what is associated bank--
Hello sir , is there any online course for online card payment channel?
Sir your explanation is very nice but please improve your video stability.😊
Thanks , yes I am trying level best to improve the video quality
@@TheDomainPodium-English thank you so much sir 😊
Nice! Can u make video on preauth & postauth
Camera should have been stationery! Very diffucult to focus when camera itself is moving and trying to focus on board.
Remake - ua-cam.com/video/OlqIdvh-ZnI/v-deo.htmlsi=7jBVRwFPcSKxcSck
Hi Ramesh, I am a lawyer and wanted to speak to you on the Fintech matter, let me know if there is any number to connect with you. Thanks! Aakansha
Hi, Can we please connect on LinkedIn, there I will share my number 1:1 with you.
www.linkedin.com/in/ramesh-kumar-chugh-29266597
damn, love the way you explained
Thanks a lot sir. I have been trying to unserstand concept acquirer and issuer for hours but your 10 minutes video is best one so far
Very useful but video us blur in between
Thankyou so much...😊😊😊
I do develop payment applications to run on POS terminals. Currently developing an application for Westpack Bank, Australia. Delighted to work on payment technology.
Your video content is correct and informative but I request you to use a tripod while shooting the videos which will help you to shoot stable videos.
Thanks, i have uploaded more videos after this one and i used tripod, pls do watch and provide feedback. Thanks
Please will you send me your email ..I'm interest for POS
Sir u explain it very good way
video quality is very bad. :(
Can’t understand shit u saying
Hi looking forward for a freelance video maker for making credit card processing explainer videos for my organisation, can we collaborate? please drop your contact too!
Your explanation is crisp n clear.
But this initial video quality is very unclear (but the rest videos are better), and discourages to continue ur series. Politely advise you to reshoot this to increase the viewership as the first video is entry gate for your channel.
In total pls also try match the video quality to your efficient session level so that your channel reaches more
Very valid points Satish, for sure will try to re-shoot first 2 videos.
Thank you so much for your suggestions.
You are teaching very good but ur camera creating issue again again getting blurred....
There is a remake of this video pasted below in comment
Can you pleas explain POS terminal switch technology and some charges like MDR , Processing fee , Subvention etc what actually the charges are
Thank you Ramesh, greatly appreciated.
@Darkteckh on telegram is a real vendor I can’t believe my eyes that man too real Go on his telegram He sell credit card with high balance📺
Thank you
What about API??
Thanks for the video, where does the card holders bank get involved I mean for example HSBC, Hdfc where do they get involved in the cycle. Could you explain please
Super ❤
Nice session
Thank you Sir. Great Explanation. Could you please clarify point systems in credit card. For example some companies offer you rewards if you shop at certain stores so at what stage is that calculated and is there a UML diagram for it. thank you very much.
Camera focus change is a distraction, rest is good
Yea in beginning it was an issue, I will recreate first 2 videos , meanwhile you can watch other 15 chapters
Now I understand. Thank you.
What is 4 party model?
Also explain about switch and host.
Very good video for basic level understanding for Fresher's who are in payment industry.
Introducing my website www.alltekkies.com,
All Tekkies is a platform where you can ask a question, answer any question, and can have chat with experts/tekkies/friends, there you have 2 options to have chat with tekkies, Public as well as Private (one to one) chat.
Signup in simple steps and be a part of All Tekkies.
A great platform for Tekkies, Domain Experts, beginners, teachers and students across the locations to connect thru All Tekkies and share knowledge.
Coming soon.... Android and iOS Mobile App, Registration as a domain expert, book a session with expert and many more to come.
Stay connected on our youtube channel and fb page for upcoming events…
ua-cam.com/users/rameshchugh24
facebook.com/All-Tekkies-221550138572215/
Have a look at the video on my channel for a demonstration on how to use our website www.alltekkies.com
ua-cam.com/video/xO-_Ueg6Ca4/v-deo.html
Please signup and share it with your friends, colleagues, and family.
Thank you !
Cheers !
All Tekkies
www.alltekkies.com
R u working in payments domain
*** Wonderful explanation of the payment system, Very nice video ***
This is the most concise and clearest high-level explanation of the credit card authorization cycle and the payment system in general. Well done and much appreciated summary!!
Thank you so much sir 💗 much appreciated ! I just joined a bank as an entry level Jr officer , this made my understanding much clearer , expecting more quality videos like this in the future. Subscribed and will also see the videos. May God bless you !
Sir can you add subtitles in your video
This video has been recreated and available in my channel, you may want to watch that for better visual exp
Screen gets blurred - gets uneasy for eyes
You may watch remake of chapter 1 and 2
How can we get the certificate of FIRC when we swipe a forex card into the swipe machine
FIRC ??
@@TheDomainPodium-English FIRC is a certificate called foreign inward remittance certificate, we get when we receive payment through wire transfer or third part websites like paypal, payoneer, wise, razorpay, etc. In this certificate everthing is written in detail from where the fund has come into india and this is essential document to be submitted to bank.
but in card also money flow is from one bank to another but we could not trace out and could not receive the certificate as a result we are not following rbi norms and get continuous mails from rbi
How do we contact you Ramesh ?
Through LinkedIn pls www.linkedin.com/in/ramesh-kumar-chugh-29266597
Hey Ramesh awesome Video man .. I like the topic you have picked very particular subject .. Thanks
Hii sir please provide the contact details so we have join the class and can you provide the department class in base 24 please confirm
Great talk but the camera focusing stuck major balls...
There is remake of this you may watch that
@@TheDomainPodium-English Thanks, appreciated it!
4 minutes into the video, I feel nausea due to the camera focus issue. 🤢 How is the remake so far? It has been 4 months.
I am working on them and will be uploading them soon in few days.
@@TheDomainPodium-English Thanks Ramesh. Your content type is rare on UA-cam. Good to see you share your knowledge here.
ua-cam.com/video/OlqIdvh-ZnI/v-deo.html
What's the difference between Transaction Switching and Acquiring ?
Nicely explained but distrubing due to camera focus issue, the camera guy is unnecessarily fiddling with the camera focus :-)
Your video is really easy to understand.. please do make more videos related to credit cards .
Very very very good explained to understand this process I struggled alot
Hi do u have a text book too..Thank you for the videos..Very useful to learn items in my work.
Thank you Sir ji for such good explaination, it helped me a lot for my interview for payments and domain.. interviewer said nice knowledge on card authorization life cycle and this issuing and acquiring bank..🙂🙂
hey arvind, please give your contact number, as i m about to give interview in pos terminal
@@bhupendrapatil3150 please need support on POS ..my email is: karim@hitech-iraq.net
Vary vary bad camera
No worries dear, i uploaded more videos with better video quality. Please go to my channel --> video.
So helpful. Request you to upload more videos like this. Wish your success and well-being.
Awesome video....... Great!!
Hi Sir.. I want to know about terms and usage of .. Switch, pipe , bin , aggregators used in payment gateway and pos
Good job Ramesh, but Issuer bank will not allow payment in one go , it will first check the card number , balance and PCI DSS ...if every thing is correct then it will ask for PIN , once the PIN validated done then only the payment gets debited from buyer account and credited to Acquirer bank account ... Also NPCI , ATM Vendor all come into picture, lot of thinks needs to cover ...
You may check other videos on my channel
Simple and clear explanation. Cool!
But one question - is authorization a whole described process or may be just only Bank A acceptance of transaction (validation on diagram)?
Sir, I have 6 months of experience in the banking domain. Please suggest me any banking(Base 24, Pos ...etc) related courses.
nice informative vdo ! Can you recommend books too for Credit and rewards processing
Perfect, this is not my major, but i've learn that how transaction can be on our daily purchase, which is very important in terms of knowledge.
Respect ! all the best .
Big fan sir , thanks🙏,
Sir can u plz explain the emv transaction flow with describe each steps like insert card , read card data , actin analysis etc....🙏
Very very good explanation... Great content
Thx for information really appreciated ... its really helpful for my career advanced. Please put more videos about cards
Sir please make more content on payment. Your channel is so far best and easily understandable. I couldn't find any other channel on payment with these details. But you please continue posting more with new areas in payments. Please 🙏
Dear Sir, can you make a video on reversal transaction, advisement, and settlement messages.
Thanks for the to-the-point information. I want to know who provides or handles the payment system?
Great Work!! I was searching for this kind of videos...Thank you guru G... 👍
Thank you for the video. Very nicely explained. It was very helpful!
Any book you could recommend to understand ??
Very good explanation Sir 👍👍
Very nice video Ramesh. It will be very helpful for techies. Good work and thank you👍
Nice explanation. Could you please share me details on what is payment gateway and how it works.
Great job please continue awesome videos bro
Thank u For this Video Sir ...Finally my mind has been cleared with the actual process...tysm🙏
Helpful video.. can u explain credit card life cycle
Really nice explanation. Thanks for this video Ramesh.
Very good explanation 👏
Thanks Ramesh. It is really more informative and easily understandable.
Too good, very nicely explained. Even a layman will understand. CHEERSSS
Good explanation. Really helpfull!
extremely happy to see card payment domain knowledge shared by you. It will really work if more vedios you will shared to us
Hi need how many ways to do the remote on us transactions.
How many types of transactions for card
Thanku so much sir I understand very clearly but one thing I wanna say pls sorry to say camera is blur nd it distract our mind that's why Ive watched this video twice to understand deeply 🙏🙏
I have uploaded total 15 chapters and I hope you will have better experience with other videos.
Thanks a lot.... Its well explained......
camera capturing quality is extremely poor ..not able to focus
Kindly check more videos as there are 15 chapters and provide feedback again. I am trying level best to improve Everytime.
Very well explained. Thank You Ramesh
Thank you, sir, for your clear explanation.
Thank you for explaining in details.
Please assist me to know what if acquirer and issuer bank is same, will the transaction will flow in same pattern ?? Like from acquirer to payment system and then back to acquirer again since the acquirer and issuer bank is same. Kindly shed some light on this.
In that case, the transaction will be authorized within the acquirer network (which is also the issuer in this case).
Card BIN will tell the acquirer that it is an "on-us" transaction (our card-our terminal) and the transaction need not be routed to the interchanges (VISA, MC).
Thanks your great sharing