Chapter#02:Card Payment-Credit Card ON US/OFF US-Issuing Acquiring Banking by Ramesh Chugh

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  • Опубліковано 29 вер 2024
  • Card Payment-Credit Card ON US/OFF US-Issuing Acquiring Banking Chapter-2 by Ramesh Chugh

КОМЕНТАРІ • 113

  • @kumarabhishek7877
    @kumarabhishek7877 4 роки тому +1

    Ramesh Jee awesome video again, Make on one Payment Gateway as well, please.

  • @TheDomainPodium-English
    @TheDomainPodium-English  3 роки тому +10

    All, I am planning to remake first 2 sessions with better video quality. Thanks

    • @kavitapawanpatidar6338
      @kavitapawanpatidar6338 3 роки тому +1

      Thanks for sharing such a useful videos.
      Can you please share complete flow of swipe and chip transactions..
      If already then please share link.

    • @tonoychakma8854
      @tonoychakma8854 Рік тому

      any update sir

    • @TheDomainPodium-English
      @TheDomainPodium-English  Рік тому +1

      @@tonoychakma8854 already uploaded the videos on my channel

  • @TheDomainPodium-English
    @TheDomainPodium-English  2 роки тому

    Remake of chapter 1 and 2 is now available on my channel.
    ua-cam.com/video/OlqIdvh-ZnI/v-deo.html

  • @ishfaqijaz6912
    @ishfaqijaz6912 Місяць тому

    Sir, pls confirm & clarify how the fraud assessment would be done for on us transaction because there is no scheme involve?? Please confirm how on us transaction would be alerted to issuer for fruad assessment????????
    Thanks,

  • @rxz.clubhouse.official6312
    @rxz.clubhouse.official6312 3 роки тому +3

    Kindly continue to do more video sessions regarding card and payments
    Helps a lot thanks!

  • @bishwarup1429
    @bishwarup1429 4 місяці тому

    so does the merchant still pays some fees to the card scheme when transactions are happening on-us mode?

  • @SivaNarayanan-u3c
    @SivaNarayanan-u3c Місяць тому

    Hi in this onus txn whether payment system is there or not,If it is there how it will act like?

  • @alanalmeida7887
    @alanalmeida7887 2 місяці тому

    Quality content, explained in simple terms:)

  • @nayantakale9234
    @nayantakale9234 3 роки тому +3

    You have put up concept of OFF-US and ON-US txn in such a simple way, its really helpful. Keep sharing more videos Sir!! Thank You.

  • @komalingle3287
    @komalingle3287 2 роки тому

    Update interest, fees and charges and other account this topic update

  • @prasadmulupuri8714
    @prasadmulupuri8714 3 роки тому +2

    Thanks, sir. What is the distinction, if any, between payment system and payment gateway?

    • @TheDomainPodium-English
      @TheDomainPodium-English  3 роки тому

      Gateway is generally used for Payment Gateways for e-comm trxn, whereas payment schemes means interchange network, V8SA, MC, AMEX JCB, RUPAY etc

  • @pratikzodage8369
    @pratikzodage8369 4 роки тому +1

    Can you explain the BASE24 transaction flow

  • @ajaychavan9169
    @ajaychavan9169 2 роки тому

    Payment gateway video required

  • @siddharthsingh5829
    @siddharthsingh5829 2 місяці тому

    Thankyou so much...😊😊😊

  • @goldenblack3004
    @goldenblack3004 5 років тому +2

    Hello Ramesh ji, pls share when you are conducting the online chat session again

    • @TheDomainPodium-English
      @TheDomainPodium-English  4 роки тому

      For questions and answer Pls watch this video.
      ua-cam.com/video/clQ-4m9Yk-U/v-deo.html

  • @jawab-e-shikwa5976
    @jawab-e-shikwa5976 4 роки тому +1

    One question so the first thing acquirer bank will read the number on card to route it to the card company be it master card or Visa card then will go to the bank issuer bank for validation
    So y the process is not the same in on us transactions ?? It should read the card number to identify payment system. Or is it very first thing processor will check if issuer or acquirer bank is same. If same it wont route through payment system if acquire and issuer bank is different it will route through payment system.
    Please clarify.
    Thank you for your assistance in advance

    • @sophykeo9639
      @sophykeo9639 Рік тому

      correct card number go to Acquirer system , then it check whether card number is from its own bank or not first. if yes, txn won't go to international payment network (visa/master) at all.

  • @벤투스-v1m
    @벤투스-v1m 7 місяців тому

    Thanks for the great video of on-us and off-us.
    Just a quick question.
    Payment processing players such Visa, Master Card and Amex do not involve in the on-us model right?
    This is because in case of on-us the POS terminal acquiring and issued card authentication routing is done exclusively by a certain bank inside their network?
    Conversely, in case of off-us since different networks such as acquiring task and issued card authentication has to be routed separately Payment Systems have to be remained provided from Visa, Master card, Amex and Payment Gateaway/Vans?

    • @TheDomainPodium-English
      @TheDomainPodium-English  7 місяців тому

      When Acquirer == issuer == same bank -> on us - no involvement of any card network
      When acquirer and issuer are different banks - acquirer will rout the trxn via card network

    • @벤투스-v1m
      @벤투스-v1m 7 місяців тому

      @@TheDomainPodium-English In the second paragraph, card network means networks of Visa, Master Card, Amex, etc.?

  • @chaitanyakumaridhaachepall4563
    @chaitanyakumaridhaachepall4563 3 роки тому +1

    Very well explained. It was clear and easy to understand with the examples. Thank you so much Ramesh Sir.

  • @rishikeshpawar1632
    @rishikeshpawar1632 2 роки тому

    What's remote onus

  • @tonoychakma8854
    @tonoychakma8854 Рік тому

    thank you sir

  • @yusuf3505
    @yusuf3505 7 місяців тому

    Perfect !

  • @huynhtrungkien3345
    @huynhtrungkien3345 2 роки тому

    Some segments in the video are stamped not adjacent to each other

  • @ManojSharma-kk8lv
    @ManojSharma-kk8lv 4 роки тому +1

    Good Explanation. This is really helpful.

  • @edwinjish
    @edwinjish 4 роки тому +1

    Very helpful: I have a question on the Off-Us transaction - If I present a HDFC card to SBI PoS and the merchant has an account with ICICI bank - we are taking about 3 banks HDFC - issuer; SBI - acquirer and merchant account as ICICI. How does the transaction settlement flow look like?

    • @Itsme1n1ly
      @Itsme1n1ly 3 роки тому

      May I know the answer?

    • @prasadsv4485
      @prasadsv4485 3 роки тому +1

      There is only Acquirer Bank, where merchant a/c is tied up with acquirer bank, Card holder bank (issuer) who has issued the card. Network or Payment system where acquirer bank transactions are processed. How can SBI Pos merchant has ICICI bank a/c unless both have common agreement to process transactions

  • @Prosperrrrr
    @Prosperrrrr 3 роки тому

    Lot of incorrect information.

    • @TheDomainPodium-English
      @TheDomainPodium-English  3 роки тому

      Would be happy to correct if you can point out please. Thank you for your feedback.

  • @MrNevermore28
    @MrNevermore28 7 місяців тому

    Just started working as a software engineer for a bank. This is very helpful information. Thanks!

  • @gardeningwithiqrafiroz3088
    @gardeningwithiqrafiroz3088 4 роки тому

    I have a debit of 2000 rupee twice today and that shows it's belongs to onus transaction but it's not done by me what should I do now or how can I get my money back

  • @pratibhakapoor
    @pratibhakapoor 7 років тому +1

    Very nice, very well explained

  • @simopr09
    @simopr09 5 років тому +1

    thanks Chugh!

  • @dharsan9590
    @dharsan9590 2 роки тому

    Hello Ramesh in which bucket(Authorization, clearance, Settlement) does On/ Off US transaction takes place. I'm trying to understand the whole picture, where this process takes place? Awaiting for your response. Thank you.

    • @Ak-ht9vq
      @Ak-ht9vq Рік тому

      i guess in clearance ...

  • @vishalgaidhane7962
    @vishalgaidhane7962 4 роки тому

    Ramesh ji is there any certification provided by either Mastercard or VISA for the card payments?

  • @ketankumarjain1647
    @ketankumarjain1647 4 роки тому

    In ON US flow, you mean the transaction will not be routed via association?

  • @ahmedtaimur
    @ahmedtaimur 7 років тому +1

    Can you please explain more about the clearing and settlement process in case of an on us and off us transaction. Thanks in advance

    • @TheDomainPodium-English
      @TheDomainPodium-English  7 років тому

      For now you can watch chapter 5 part 1 , possibly in the 2nd or 3rd part i will cover the differences between offus onus clearing

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 років тому

      Introducing my website www.alltekkies.com,
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    • @TheDomainPodium-English
      @TheDomainPodium-English  4 роки тому

      For questions and answer Pls watch this video.
      ua-cam.com/video/clQ-4m9Yk-U/v-deo.html

  • @ghousfakhri8056
    @ghousfakhri8056 3 роки тому

    Are ON US transactions being reported in Settlement and Reconciliation? And in case of disputes in ON US, is this entirely handled by Bank herself?

    • @TheDomainPodium-English
      @TheDomainPodium-English  3 роки тому

      Payment Association's files will not have any data for on-us, as these transactions were processed internally. So Bank or processor has to manage end to end

  • @SamuRia333
    @SamuRia333 Рік тому

    Perfect, that's wonderful !!

  • @rameshvanka1603
    @rameshvanka1603 4 роки тому

    Thank you Ramesh. Its really simple and more informative. May i know, Payment System and Payment Gateway both are same?

  • @sandeepchimnani6300
    @sandeepchimnani6300 5 років тому

    Thanks Rajesh... These videos are very informative...
    Would also know of similar trainings in remittances and fintech

  • @unseennature-vlogs4448
    @unseennature-vlogs4448 3 роки тому

    Thank you so much for such knowledge which is not available anywhere.😊

  • @muciobatista10
    @muciobatista10 5 років тому

    Great video Ramesh. Thanks for sharing your valuable knowledge! Greetings from Brazil!

  • @AbhishekSrivastavapune
    @AbhishekSrivastavapune 2 роки тому

    This was an excellent explanation Ramesh, thank you.

  • @Filinozavr
    @Filinozavr 4 роки тому

    good video but awful amount of repeating and empty words. It could be shrunk to like 40 seconds)

  • @sahilshikalgar4353
    @sahilshikalgar4353 Рік тому

    What is OTB?

  • @roslufjames
    @roslufjames 5 років тому

    Ramesh your sessions are superb. One question for you, Could you help us understand what is "NOT ON-US" and "NOT OFF-US" transactions. Awaiting for your response. The difference between ON-US and NOT ON-US same with OFF-US

    • @TheDomainPodium-English
      @TheDomainPodium-English  5 років тому

      Thanks, these scenarios are covered in my videos, you Pls watch all the chapters if still not clear Pls get in touch with me on LinkedIn.

  • @2009Richa
    @2009Richa 5 років тому

    Very good explanation. Thanks a lot.

  • @nitinrao7637
    @nitinrao7637 3 роки тому

    Awesome explanation and examples

  • @abdulhaseeb.sh95
    @abdulhaseeb.sh95 5 років тому

    Thanks Ramesh, These are really helpful

  • @aman11190
    @aman11190 5 років тому

    Sir when you say "Payment system" does that mean, Payment Brand Network in between acquirer and issuer ?

    • @hasa6845
      @hasa6845 5 років тому

      Yes i.e. ViSa , MasterCard, Amercian Express

  • @technicalnmk3612
    @technicalnmk3612 5 років тому

    off us transtion amoun credet time

  • @deactivated6737
    @deactivated6737 4 роки тому

    Good Explanation

  • @dongapuremangesh1352
    @dongapuremangesh1352 6 років тому

    Your videos are very useful sir...Thank you for good work & please make more videos...

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 років тому

      Introducing my website www.alltekkies.com,
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  • @jamesaspnill4109
    @jamesaspnill4109 6 років тому

    Doing nice work mate

  • @101moneyhoney
    @101moneyhoney 4 роки тому

    What type of card can be on us? Can it have a Visa/MC logo?

    • @sophykeo9639
      @sophykeo9639 Рік тому

      Only if POS & card are from same bank, the txn is On Us although card has visa/mastercard logo.

  • @purevodoirad4582
    @purevodoirad4582 5 років тому

    Thank you for your hard work

  • @yevbol276
    @yevbol276 5 років тому

    Does US stand for any 2 words? Thank you

    • @niamatullahbakhshi9371
      @niamatullahbakhshi9371 5 років тому

      US means (us, or ours) which basically refers to our cards(if we are a bank) used in other banks' terminals(ATMS, POS), then it is called US-ON-THEM.
      And THEM(other banks' cards) are used in our terminals(ATMS, POS ), then it is called THEM-ON-US.

  • @bgagan911
    @bgagan911 5 років тому

    Your videos are good. Please also explain who benefits from ONUS Transactions?

    • @pankajbawane5763
      @pankajbawane5763 4 роки тому

      You dont need to pay switching/interchange fees. Cost of txn reduces.

    • @ninoslav1980
      @ninoslav1980 Рік тому

      @@pankajbawane5763 So in this case schema don't charge any fee, since they don't have a record of transaction?

    • @sophykeo9639
      @sophykeo9639 Рік тому

      @@ninoslav1980 correct

  • @deepak66697
    @deepak66697 6 років тому

    when i am making a payment on somewhere online so i am getting that error "card issuer declined payment" and after that when i talked to my credit card company so they said that there is no issue and i can use any where so in that case where i should contact? and i have tried my both cards and the issue is same.

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 років тому

      In any case for you the contact point is your Issuing bank, send them the snapshot of decilne message as a proof and followup, however if you want you can try to contact acquiring bank also for some input from them and share that with Issuing bank. If trxn at all not reaching to Issuing bank then there must be something wrong at acquiring side, can you tell me if you enter the CVV2 ? Also if you can make an account on www.alltekkies.com, i am available there to answer all such queries

    • @jamesaspnill4109
      @jamesaspnill4109 6 років тому

      Your question says it all "Issuer decline" means the issuer has some problem. Chances are you are selecting wrong a/c type (Savings, Current etc). Another cause is there is a connectivity problem within multiple gateways. Or maybe the BIN is not registered on gateway, ISO-8583 version is different or unsupported. There is another chance, some merchants only accept Credit Card. Try contacting the merchant too they might guide you

    • @a1146739701
      @a1146739701 5 років тому

      Deepak Upadhyay except the condition that the two people mentioned above,maybe there is a bug in project .haha

  • @vikaschandrashukla
    @vikaschandrashukla 7 років тому

    Expecting more about Payment Domain

    • @TheDomainPodium-English
      @TheDomainPodium-English  7 років тому +2

      yes sure.. preparing a list of topics
      trying level best to launch..

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 років тому

      Introducing my website www.alltekkies.com,
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  • @jag122010
    @jag122010 5 років тому

    Very nice

    • @MrSolomon1982
      @MrSolomon1982 3 роки тому

      Dear ,
      Thank you for your informative...

  • @vigneshp7115
    @vigneshp7115 7 років тому

    hi Ramesh thanks for your session explained.well... I have a doubt , if I am making online transaction how my card will be found whether it's for on-us or off_us transaction please explain

    • @TheDomainPodium-English
      @TheDomainPodium-English  7 років тому

      Hi Vignesh,
      on us and off us are just 2 flow of transactions. the key point is merchant and card bin, if both belong to same bank then it is on us however if both belong to different banks then it is offus. you just replace Bank A and B with some actual bank in my example you would understand it more clearly.
      do let me know if you still have any doubt.

    • @sunilyadav54
      @sunilyadav54 7 років тому

      In case of Onus transaction , where does the Bin validation happen to conclude that it is the Onus .
      --> Is it there internal gateway has the set of onus bin stored or does it hit Scheme and come back

    • @TheDomainPodium-English
      @TheDomainPodium-English  7 років тому +3

      if a bank is issuer and acquirer both then in one application 2 separate engine runs
      one is acquiring engine and the other one is authorization engine
      ACQ engine checks the bin first after receiving from pos or atm etc
      if on us bin rout it to auth engine
      if not then rout to scheme.
      hope it helps

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 років тому

      Introducing my website www.alltekkies.com,
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    • @manivelarung
      @manivelarung 6 років тому

      @@TheDomainPodium-English sir, does this mean for On-US no involvement of scheme? If so, then no interest / commission need to be paid?

  • @TheDomainPodium-English
    @TheDomainPodium-English  4 роки тому

    For questions and answer Pls watch this video.
    ua-cam.com/video/clQ-4m9Yk-U/v-deo.html

  • @laxmisoni527
    @laxmisoni527 6 років тому

    Sir can u plz let me know. Who is more financially beneficial issuing or acquiring?

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 років тому

      Both, even scheme as well, everyone shares the merchant commission. I will soon launch new video and also provide platform to directly interact with some more payment experts. Thanks

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 років тому

      Acquirer

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 років тому

      Introducing my website www.alltekkies.com,
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    • @nileshmali3722
      @nileshmali3722 6 років тому

      Issuer as they are taking more risk.

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 років тому

      Hi Laxmi Soni and Nilesh Mali, It would be great if both of you can come online on www.alltekkies.com, after login you will find a chat option on my website, I will be available for half an hour on 7th July 11:00 AM - 11:30 AM UAE Time (12:30 PM - 01:00 PM IST) to discuss the settlement process, we can exchange words in a common chat or one to one chat and clear our doubts.

  • @AbhishekVerma-zw3rs
    @AbhishekVerma-zw3rs 4 роки тому

    For On us transaction, payment system will not have any track card like VISA, master card or RuPay?

    • @Jagz1200
      @Jagz1200 4 роки тому

      No, each and every card should support some scheme because the same card would be off us for the other bank networks. In that case, the schemes are used to route the transaction back to the issuer using scheme. If you have no scheme then there has to be a mandatory hard link between bank A and bank B and other determining criteria for routing

  • @linclicin3326
    @linclicin3326 4 роки тому

    Hello Ramesh. Thanks for your great tutorials. You are doing a great job. My question is if the acquirer and issuer are the same banks, Does that mean the pos terminal does not send an on-us transaction in reconciliation file to the payment system?

    • @jawab-e-shikwa5976
      @jawab-e-shikwa5976 4 роки тому

      Same question here, bit confused considering video of chapter 1

    • @TheDomainPodium-English
      @TheDomainPodium-English  4 роки тому

      For questions and answer Pls watch this video.
      ua-cam.com/video/clQ-4m9Yk-U/v-deo.html