Chapter#01:Card Payment-Credit Card Authorization Cycle-Issuing Acquiring Banking by Ramesh Chugh

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  • Опубликовано: 25 июл 2017
  • Card & Payment - Credit Card Authorization Cycle -Basic of Issuing Acquiring Banking - Chapter - 1 - Tutorial by Ramesh Chugh

Комментарии • 209

  • @moneyballmoves
    @moneyballmoves 2 года назад +1

    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!!

  • @AjithkumarSekar
    @AjithkumarSekar 4 года назад +3

    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

  • @TheDomainPodium-English
    @TheDomainPodium-English  3 года назад +25

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

  • @shreyanaik5533
    @shreyanaik5533 2 года назад

    Best and easiest explaination received so far

  • @nafisshariar5897
    @nafisshariar5897 2 года назад +1

    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 !

  • @rameshvanka1603
    @rameshvanka1603 4 года назад

    Thanks Ramesh. It is really more informative and easily understandable.

  • @rajpalgahlaut1341
    @rajpalgahlaut1341 4 года назад

    Very well explained. Thank You Ramesh

  • @ankushmankar10
    @ankushmankar10 5 лет назад

    extremely happy to see card payment domain knowledge shared by you. It will really work if more vedios you will shared to us

  • @linaalhusban6054
    @linaalhusban6054 4 года назад +9

    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 🙌🙌🙌

  • @ajaygaykwad3175
    @ajaygaykwad3175 4 года назад

    Thank u For this Video Sir ...Finally my mind has been cleared with the actual process...tysm🙏

  • @ZidChina
    @ZidChina 4 года назад

    Wonderfully explained from scrutch. Thank you

  • @rickmunn6305
    @rickmunn6305 5 лет назад +4

    Thank you Ramesh, greatly appreciated.

    • @adamjohn6966
      @adamjohn6966 3 года назад

      @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📺

  • @prasadmulupuri8714
    @prasadmulupuri8714 3 года назад

    Thank you, sir, for your clear explanation.

  • @jyotipalsinghhira4433
    @jyotipalsinghhira4433 4 года назад

    Too good, very nicely explained. Even a layman will understand. CHEERSSS

  • @motalibhossain3971
    @motalibhossain3971 4 года назад

    very clear explanation - many thanks

  • @kumarabhishek7877
    @kumarabhishek7877 4 года назад +1

    *** Wonderful explanation of the payment system, Very nice video ***

  • @srinivasbaviri4808
    @srinivasbaviri4808 5 месяцев назад

    You are a savior for me

  • @program0134
    @program0134 4 года назад

    Really nice explanation. Thanks for this video Ramesh.

  • @suyonokanan9558
    @suyonokanan9558 2 года назад +1

    Now I understand. Thank you.

  • @jasonbourne15775
    @jasonbourne15775 2 года назад

    Thank you for the video. Very nicely explained. It was very helpful!

  • @SamuRia333
    @SamuRia333 Год назад

    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 .

  • @vazandas7153
    @vazandas7153 3 года назад

    Wow concept clear now.

  • @NavneetKaur-hn3nh
    @NavneetKaur-hn3nh 2 года назад

    That was a great explanation! Thanks a lot!

  • @shraddhabaeet3793
    @shraddhabaeet3793 5 лет назад +1

    Awesome video....... Great!!

  • @jainayak666
    @jainayak666 3 года назад

    this was brilliant! thank you for this.

  • @ajaymishra7471
    @ajaymishra7471 6 лет назад

    thank you for video..!! looking forward for more videos

  • @CinemaSnippets007
    @CinemaSnippets007 2 года назад

    Great Work!! I was searching for this kind of videos...Thank you guru G... 👍

  • @dineshezeikel2578
    @dineshezeikel2578 4 года назад

    Thanks a lot sir, well explained.

  • @manojmanlor2916
    @manojmanlor2916 Год назад

    Sir u explain it very good way

  • @onelove12372
    @onelove12372 Год назад

    Very very good explanation... Great content

  • @aabhakapoor6573
    @aabhakapoor6573 Год назад

    Amazing explanation

  • @kunnudev7250
    @kunnudev7250 3 года назад

    Great job please continue awesome videos bro

  • @Muhhize
    @Muhhize 2 года назад

    Good explanation. Really helpfull!

  • @prashanthsinghdaniel7376
    @prashanthsinghdaniel7376 3 года назад

    Simple but was powerful

  • @himanshubhatt3757
    @himanshubhatt3757 3 года назад

    Excellent stuff 👍

  • @MarimuthuUdayakumar
    @MarimuthuUdayakumar 9 месяцев назад

    Clearly explained 👍👏

  • @paramitasham7131
    @paramitasham7131 5 лет назад

    Nicely explained.

  • @ayushmayank77
    @ayushmayank77 Год назад

    damn, love the way you explained

  • @vionleevijayan2688
    @vionleevijayan2688 3 года назад

    Thanks a lot.... Its well explained......

  • @saidmaamri9317
    @saidmaamri9317 4 года назад

    Good stuff, thanks.

  • @MsPostludium
    @MsPostludium 6 лет назад

    Super clear! Thanks!

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 лет назад

      Introducing my website www.alltekkies.com,
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  • @ferozahmed252
    @ferozahmed252 Год назад

    So helpful. Request you to upload more videos like this. Wish your success and well-being.

  • @trueTamilgirl
    @trueTamilgirl 2 года назад +9

    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!

    • @roommates8141
      @roommates8141 Год назад

      Hi are you working in payments domain

  • @lakshmimathangikuppuswamy5111
    @lakshmimathangikuppuswamy5111 5 лет назад

    excellent video

  • @barikpramod1989
    @barikpramod1989 4 года назад

    Very nice video Ramesh. It will be very helpful for techies. Good work and thank you👍

  • @sourabhsaswadkar6738
    @sourabhsaswadkar6738 5 лет назад +36

    Nicely explained. Need to work on the camera focus issue, as it kept disturbing throughout the video.

  • @suranjana15
    @suranjana15 Год назад

    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 🙏

  • @terryp9806
    @terryp9806 9 месяцев назад

    Thanks your great sharing

  • @riyuithu769
    @riyuithu769 3 года назад

    Really very helpful

  • @manas07867
    @manas07867 Год назад

    Very good explanation Sir 👍👍

  • @sanjaysk6909
    @sanjaysk6909 3 года назад

    Thx for information really appreciated ... its really helpful for my career advanced. Please put more videos about cards

  • @utkarshganorkar4012
    @utkarshganorkar4012 5 лет назад

    Ohh... what a great explanation... excellent

  • @yusuf3505
    @yusuf3505 5 месяцев назад

    Very good explanation 👏

  • @himu881
    @himu881 Год назад

    Very very very good explained to understand this process I struggled alot

  • @shreyakamat787
    @shreyakamat787 5 лет назад

    Nice explanation sir

  • @sajidmohammed8665
    @sajidmohammed8665 3 года назад

    Fantastic

  • @hhhh-mu3bt
    @hhhh-mu3bt 3 года назад

    Wow that’s was helpful thanks bro

  • @tushargade274
    @tushargade274 Год назад

    Nice session

  • @guptagurumukh00
    @guptagurumukh00 2 года назад

    Hey Ramesh awesome Video man .. I like the topic you have picked very particular subject .. Thanks

  • @gamedge_
    @gamedge_ 5 лет назад +3

    To be honest this is best explanation I have ever came across. Thanks Ramesh

  • @darkbasis
    @darkbasis 6 лет назад

    Very nice explanation, keep posting the tutorials.
    Cheers.

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 лет назад

      Introducing my website www.alltekkies.com,
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  • @prasaddotcom
    @prasaddotcom 6 лет назад +1

    Very good video for basic level understanding for Fresher's who are in payment industry.

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 лет назад

      Introducing my website www.alltekkies.com,
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    • @roommates8141
      @roommates8141 Год назад

      R u working in payments domain

  • @catherinetchata6250
    @catherinetchata6250 Месяц назад

    Super ❤

  • @Neelamnegi21
    @Neelamnegi21 Год назад

    Your video is really easy to understand.. please do make more videos related to credit cards .

  • @MeNostalgic
    @MeNostalgic 5 лет назад +1

    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..🙂🙂

    • @bhupendrapatil3150
      @bhupendrapatil3150 5 лет назад +1

      hey arvind, please give your contact number, as i m about to give interview in pos terminal

    • @karimfawzi9578
      @karimfawzi9578 5 лет назад

      @@bhupendrapatil3150 please need support on POS ..my email is: karim@hitech-iraq.net

  • @afzal76548
    @afzal76548 3 года назад +1

    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.

  • @AnjaliGupta-xs2ei
    @AnjaliGupta-xs2ei 7 лет назад

    Nicely explained

  • @sankarpremchandaram4699
    @sankarpremchandaram4699 6 лет назад

    Thank You Ramesh Good One

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 лет назад

      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.
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      Stay connected on our youtube channel and fb page for upcoming events…
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      facebook.com/All-Tekkies-221550138572215/
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    • @karimfawzi9578
      @karimfawzi9578 5 лет назад

      Dear Ramesh ..thx so much for your movies .. I will be appreciate to have your contact or send me email at : karim@hitech-iraq.net

  • @deeptinair1453
    @deeptinair1453 4 года назад +1

    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

  • @candlewind5004
    @candlewind5004 6 лет назад

    nice explanation

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 лет назад

      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.
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      Stay connected on our youtube channel and fb page for upcoming events…
      ruclips.net/user/rameshchugh24
      facebook.com/All-Tekkies-221550138572215/
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  • @birwatkaramit
    @birwatkaramit 4 года назад +1

    Also explain about switch and host.

  • @ramanrao2260
    @ramanrao2260 Год назад

    Great explanation - what is associated bank--

  • @diwaspoudel7
    @diwaspoudel7 3 года назад

    Thanks for the to-the-point information. I want to know who provides or handles the payment system?

  • @rahuljat6854
    @rahuljat6854 4 года назад +1

    Can you pleas explain POS terminal switch technology and some charges like MDR , Processing fee , Subvention etc what actually the charges are

  • @rameshv1721
    @rameshv1721 4 года назад

    Nice explanation. Could you please share me details on what is payment gateway and how it works.

  • @varunkhedkar372
    @varunkhedkar372 3 года назад

    Helpful video.. can u explain credit card life cycle

  • @alexeyshatalin2169
    @alexeyshatalin2169 Год назад

    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)?

  • @mohiitsihag
    @mohiitsihag 3 месяца назад

    the bankB is the same bank in which the merchant is having his/her account?

  • @luckykatariya2900
    @luckykatariya2900 2 года назад

    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....🙏

  • @kagitasuresh9346
    @kagitasuresh9346 4 года назад

    Hi need how many ways to do the remote on us transactions.
    How many types of transactions for card

  • @zainabmerc5666
    @zainabmerc5666 2 года назад

    nice informative vdo ! Can you recommend books too for Credit and rewards processing

  • @siddiki87
    @siddiki87 3 года назад

    Any book you could recommend to understand ??

  • @ankitsagar9036
    @ankitsagar9036 3 года назад

    Nice! Can u make video on preauth & postauth

  • @adkrsn8
    @adkrsn8 2 года назад

    Dear Sir, can you make a video on reversal transaction, advisement, and settlement messages.

  • @bravefearlessbychandannaik7488
    @bravefearlessbychandannaik7488 2 года назад

    Hi Sir.. I want to know about terms and usage of .. Switch, pipe , bin , aggregators used in payment gateway and pos

  • @rakeshovr1
    @rakeshovr1 4 года назад

    Is there a good book on Payment?

  • @bhavingohel2234
    @bhavingohel2234 3 года назад

    Sir, I have 6 months of experience in the banking domain. Please suggest me any banking(Base 24, Pos ...etc) related courses.

  • @paramitasham7131
    @paramitasham7131 4 года назад

    Hi Sir,
    For debit card also is the process same?

  • @tainoormanyar3481
    @tainoormanyar3481 4 года назад +1

    What is 4 party model?

  • @ankushchavan9925
    @ankushchavan9925 2 года назад

    What's the difference between Transaction Switching and Acquiring ?

  • @nikinikitha7442
    @nikinikitha7442 2 года назад

    Sir can you explain what is Rent Payment Phone in credit card transaction ?

  • @birwatkaramit
    @birwatkaramit 3 дня назад

    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 ?

  • @sandarpewin8056
    @sandarpewin8056 2 года назад

    Hi do u have a text book too..Thank you for the videos..Very useful to learn items in my work.

  • @jawab-e-shikwa5976
    @jawab-e-shikwa5976 4 года назад

    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.

    • @ashishmohapatra
      @ashishmohapatra 4 года назад +1

      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).

  • @bhupankgoswami5709
    @bhupankgoswami5709 5 лет назад +2

    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.

    • @TheDomainPodium-English
      @TheDomainPodium-English  5 лет назад +1

      Thanks, i have uploaded more videos after this one and i used tripod, pls do watch and provide feedback. Thanks

    • @karimfawzi9578
      @karimfawzi9578 5 лет назад

      Please will you send me your email ..I'm interest for POS

  • @patilvijay48
    @patilvijay48 2 года назад

    Hello sir , is there any online course for online card payment channel?

  • @Ragvh_123
    @Ragvh_123 3 года назад

    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 ...

  • @dimitrz2000
    @dimitrz2000 4 года назад

    Nicely explained but distrubing due to camera focus issue, the camera guy is unnecessarily fiddling with the camera focus :-)

  • @sounakghosh3523
    @sounakghosh3523 Год назад

    What about API??

  • @kajalpatil9916
    @kajalpatil9916 6 лет назад

    very nice video but I want more video on digital banking? can you provide us?

    • @TheDomainPodium-English
      @TheDomainPodium-English  6 лет назад

      Stay connected i might launch in future... You can also suggest some particular topic