Cards and Payments - Part 1 - Introduction to Payments and Cards Industry

[@kavithalayam960]

Recently I got job related to IT industry. Our company is related to financial services and my domain is related to cards and payments. I'm searching for tutorials and fortunately I found your playlists. I have no knowledge in accounts, payments etc., But your lectures are simply superb and easy to grasp. I will subscribe your channel and share the link to my team members who are struggling just like me Thank you Sir.

[@XP20213]

I like the acronym - MANIC. It helps a lot to understand the entire ecosystem and parties involved in it.

[@tblez3079]

THANK YOU SOOOO VERY MUCH for sharing your knowledge. This is EXACTLY what I needed and there is so little about it in the Internet. ❤

[@sweetGemini31]

I am newbie IT guy in bank, specifically in cards and payments department, this helps me a lot to understand the end to end flow of the system. Thanks for the detailed information. 👏👏👏

[@aishwaryanarasimhan9887]

Loads of thanks first. Really I gotta clear view on this basic payment process which we go through on our daily life. More to learn on upcoming days from you. Such an awesome explanation you have given, thank you.

[@SubashriSaravanan-x7i]

Your explanation of MANIC was so clear and easy to understand. I really appreciate your videos!

[@saisurendrakarumri5379]

First time, i have watched just a video for 10mins and subscribed immediately! You have a perfect way of presenting.. thank you!!

[@dipakpatil-hz6mg]

Thank you so much Saurabh for the awesome content regarding payments domain. I was looking for the same and here is the door for it. I dont think in the KZbin or in any learning site would not get this content in simple and awesome way.

[@anjaliupgade3414]

Very well explanation. I search many time vedio but this channel is very knowledgeable and Cristal cleare concepts.

[@RamadeviDegala-m8w]

Informative and clear way of explaining thins at basic level. Thank you.

[@SuperYou39]

very simple way of explaining the details. very useful

[@lalbhawnani4562]

Very simple & nice. Very informative

[@sachinsarange2282]

Thank you very much for sharing this lovely series on cards and payment. 🙏

[@kiokocodes]

Great to find this one in my feed. Very informative. Cheers.

[@kiokocodes]

Just following your tutorials slowly. To great coding.

[@mohsinsayyed01]

Thank you so much Sir, for your efforts sharing knowledge.. I am switching to Business analyst as professional and this the domain I was looking knowledge 😊

[@VarshaNewaskar]

You are just amazing . Thanks for make it simple.

[@LailaOP_24]

Very useful acronym - MANIC !

[@Abdullah_Indian_Data_Analyst]

i am really get clear information about payment and u explained simple method MANIC really i loved this video great job brooo thanks a lot

[@sapnagupta6394]

This is just amazing, the way you explain a layman can understand so easily, and people who want to switch domain it's amazing stuff for them, like a pot of gold just go grab some, thanks ☺️ alot will be waiting for more videos 🙏

[@ezeefied]

Thank you for you kind and encouraging words 🙏🏽

[@anithamailu9376]

You may have any videos on this cards and payments

[@fahadiqbal8196]

Very well explained. Thanks Saurabh.

[@sarahsimone9578]

One of the best overviews on card payments flow 👌very easy to understand look forward to the next sessions....I have subscribed 👍🏽

[@jeremiasgarganera8962]

I learned a lot. Glad for having this video, i get bored when reading

[@dineshkumarvangala9404]

Thank you for goid content.. Good information!! 😊

[@NanMoe-z4v]

Excellent explanation indeed..thanks

[@SivaKamatham-u6x]

Thank you Saurabh!! session very help full.

[@udaybhaskarvarmaD]

Very interesting and insightful

[@prashantkurli]

Thanks for sharing your knowledge 🙏🙏

[@chidubemthebeloved]

Thank you so much! I recently started learning about the payment industry and your videos have been helpful. I'm watching the videos and also reading the book "The Anatomy of the Swipe" to help solidify my knowledge. I look forward to more content. Thanks once again! 👍🏽

[@ezeefied]

Thank you and all the best

[@anithamailu9376]

I am also planning to learn please tell me cards and payments nothing but what credit and debit card processing or else

[@chidubemthebeloved]

@@anithamailu9376 I don't understand your question. Can you rephrase it?

[@irshadem804]

Very nicely explained..thank you

[@rohitsankpal9645]

extremely good for new beginner

[@hemantjadhav1176]

Hon Sir, Big thanks for your valuable time of preparing this video's and published it, for our growth of knowledge I was trying to found such knowledge which I got . Big thanks once again 🎉🎉❤❤

[@ezeefied]

I am glad to hear you found them helpful 🙏🏽

[@trahamatrah8250]

Amazing easy to understand. Thanks for the video

[@IlayeSilvyn]

Very informative. Thanks a lot

[@curioustripsy]

Amazing explanation. I am starting to learn about payments and your video is very helpful. Thanks

[@priyankanandre2901]

Amazing session 👏

[@sfmanzoor]

really very detailed video

[@ezeefied]

Thank you , I am glad you liked it 😊

[@IlqarYusifovTaichi]

Thank you so much for great explanation. Everything are very clearly, short, it is amazing 👏 could you tell please where we can get daily news in the world of payment and card industry? Thank you in advance 🙏

[@jamesscott6300]

fantastic explanation of how the process works from Cardholder through to Issuer. Very basic and really helped to simplify things. Thankyou

[@ezeefied]

Thank you . Glad you liked it

[@ricklund5957]

Yes, 👍

[@suyadao4ever]

Awesome! Liked the video.

[@ilakkiasingaram6638]

Very Informative!! Thank you so much sir!!!

[@ankitadhakate8555]

Very helpful. Thanks a lot sir

[@Hasanruhaan]

Really I inspire by your knowledge..

[@ezeefied]

Thank you for your kind words 😊

[@priyanksinghai1121]

Amazing explainantion

[@danishmansoor115]

Thanks i request you to kindly explain more about acquirer

[@poomivlogs5719]

Thank you..very simple and descriptive..

[@siddharthsingh5829]

Thankyou so much ☺️☺️🙏🙏

[@y.c.breddy3153]

what are the the check points or scenarios in cards(master card or visa card)payments Mrs.Saurabh..

[@onelove12372]

You explain very well

[@umerfarooq4630]

I am from Pakistan. Sir, you are explaining the PCI in an amazing way. Really like and appreciate your effort. Pls keep going. Thank you ❤️. Suggestion: can you pls make the writing clearer by automating it.

[@ezeefied]

Thank you . Yes I know the quality needs improvement which is why I am getting delays in posting new content . I will post new content soon

[@thegenprince]

Awesome explanation 👍🏽

[@deepapandey8914]

Thank you for sharing the video. Do you have any videos for Credit card payments testing at UI and API level, what different scenarios are tested, e2e flow.

[@ezeefied]

All videos that I have are the ones on the channel . There will be more useful content produced soon . Stay tuned

[@Crediblemedia]

Nice Explanation, Sir.

[@ezeefied]

Thank you . Please keep supporting

[@KateLate____]

POS = point of service. (not point of swipe)

[@ezeefied]

POS is actually Point of Sale. But anyway thanks for bringing that up

[@KateLate____]

​@@ezeefied what does post of sale me? Posting the sale transaction to a journal?

[@ezeefied]

@@KateLate____ its "point" actually not "post" . I corrected that in the reply above :-)

[@onelove12372]

Very helpful

[@gunaa6098]

Nice video 👌👌

[@lewbarnes6983]

Awesome videos

[@jonathanmuscat5221]

Thank you so much! Finally it was easy to follow but I have 1 question, you mentioned that the acquirer takes money on behalf of the merchant. But isn't the acquirer that bank? or you have included both scenarios for online checkout and physical payment? Thank you!

[@ezeefied]

there are two banks - one is the acquiring bank and the other is the merchant bank account

[@prajjwaljaiswal3419]

TSYS is Merchant acquirer. Right ?

[@prakashwillrocku]

❤❤❤

[@satyanarayananvsathya8994]

Big thanks sir

[@miteshshah1512]

It was nice explanation and simple and easy to understand. I am a Product Owner looking for a job particularly in payments domain but I lack practical exposure of working in such companies. These videos are so helpful for me to learn the concepts. One more suggestion sir, your linkedin account link seems broken and results in 404 error. Is there any way we can connect with you for any queries that I may have in future?

[@ezeefied]

Please follow the Twitter handle @ezeefied for communication and updates

[@anithamailu9376]

Is any programing language required to learn cards and payments and banking domain

[@surbhirathi1685]

where is term - Payment Gateway comes in between above ?

[@afroseroohi8723]

Could you please explain about SWIFT messages in detail sir.

[@ezeefied]

Thank you for your feedback . Sure , I will make one soon

[@1mehra]

Great how about payments in foreign currency /country with USA BANK CARD OR INDIAN BANK CARD

[@ezeefied]

Process wise its kind of same but is there a particular thing you are looking at ?

[@ShailPM]

A little late but great video

[@y.c.breddy3153]

this week i have interview on cards and payments domain so could you please provide interview questions and validation scenarios Bro..

[@ezeefied]

sorry saw the message late . What scenarios are you referring to ?

[@1mehra]

At the time of payment Q asked is should we charge in dollars or local currency IDR OR simillar currency ,Pls advise

[@ezeefied]

Ideally local currency is preferred but when the merchants accept multiple currencies then it brings more business and revenue

[@raginidubey3764]

It was helpful for someone who wants to understand how a transaction flow. Thank you for sharing. Would you be able to advise an global certification for payments industry.

[@ezeefied]

Thank you Ragini 🙏🏽. There are few certifications in specific areas like anti-money laundering and PCI however on the for payments as a domain I don’t think that there any renowned certifications like CFA for capital markets

[@raginidubey3764]

@@ezeefied Thank you Saurabh.

[@shubhammeshram2131]

Sir I wants to switch my carrier in IT Can I with your Guidance...

[@gayathriroshin391]

Well explained with details. Sir, can you advice on any suitable certification that can be done on Cards & Payments domain? Thanks.

[@ezeefied]

There is already a video on that on the channel

[@muhammadameen9653]

So sir , is UPI an acquirer?

[@ezeefied]

its a real time payment system

[@Kiran_Mitra]

What is regulatory reporting in banking?

[@ezeefied]

There are lots . Depends on areas in banking .

[@Kiran_Mitra]

@@ezeefied interested to know for retail banking

[@Dstrct65]

Does one need a payment gateway to start Mpos business?

[@ezeefied]

Yes .

[@y.c.breddy3153]

Issuer means bank and acquirer means visa, master card companies or based on situation issuer and acquirer position is it changed bro

[@ezeefied]

Issuer is the entity which issues cards . Usually it’s a bank. Acquirer is the entity that acquires or processes the transaction on behalf of merchant. Visa , MasterCard are payment networks that facilitate the entire processes . In some cases they are also called as schemes

[@hemasagars4432]

Merchant's bank is the acquirer

[@ezeefied]

@@hemasagars4432 acquirer works on behalf of merchant but merchant’s own bank can be different .

[@coolaries24]

Who is the issuer of card? Bank(like.. ICICI,SBI) or Payment card network provider (VISA, MasterCard..). As I was discussing with my friend , who is part of Payment & Card Industry , said that Issue are "Payment card network providers" Like VISA and Amex. Can you please help me to understand.

[@ezeefied]

Card issuer is actually the bank that issues the card. The network helps to facilitate the communication between all parties. Every card therefore needs a network. You are right ICICI , SBI are issuers. Visa and MasterCard are examples of network.

[@coolaries24]

Thnx for reply Saurabh.. After posting this question I was discussing with frnd the same and he told that Network providers provide BIN range to the bank's and those bin's provided to the card holders that's why issuers are network provides.

[@anithamailu9376]

You may have any videos on cards and payments and banking domain

[@Jaganmawaya]

Payment domain means is it payments testing domain

[@ezeefied]

payments is a biiiiiiig domain mate :)

[@shoryabeohar1816]

Hi IS there any certifications for this domain card and payments IT Domain ..pls through some lights. or any affiliated course

[@ezeefied]

Certifications are only on specific areas like PCI or AML etc . not like general domain related to my knowledge .

[@y.c.breddy3153]

Can I call postilion acquirer

[@MANISHKUMAR-bj4or]

Where is payment Gateway?

[@ezeefied]

It’s a channel set in place between pos and merchant or acquiring side to facilitate payment . Sorry for late reply 😊

[@Dstrct65]

Thanks, very helpful. Can we contact you for consultations regarding payment processing, perhaps via email?

[@Dstrct65]

Hi Saurabh, How can i contact you directly?

[@brisonvsn]

👍thumbnail

[@saristhkumar7507]

Fell asleep a few times. Can you be a little more energetic?

[@ezeefied]

The initial few ones apparently are yes …pls check out the newer ones and let me know if they are any better

[@pkumarjh]

😏