Payment Processing Credit/Debit Cards (Authorization, Clearing and Settlement Basics)

[@saspadoni]

I work with this in Brazil, but now I have a client who speaks English, so this video helped me a lot to understand the terms in English and now I can explain to them! thank you!

[@NurtureLearning]

Thanks for your comments 🙏🏻. Very glad that, this was helpful.

[@zeeshanwallet7724]

awesome, informative content. More content needed!! Thanks

[@NurtureLearning]

thanks so much for commenting and for the wamth in comment 🙂

[@rajatshukla2605]

super helpful! many thanks!

[@Pheello]

Thanks. I’m busy with a startup in the e-commerce space. This video has aided my comprehension in payment space

[@NurtureLearning]

that's amazing to know, all the very best wishes for your startup 👍🏼👍🏼

[@moturuniharika9605]

Thank you for the very clear information

[@lujean5980]

Thank you for such a clear and informative video! I just have one question: in the authorization stage, why is the acquiring bank involved already? Isn't this step about checking whether the consumer can make the purchase? So why doesn't the POS machine send the data to the issuer directly?

[@jjchen6360]

amazing video! Thank you!

[@NurtureLearning]

thanks for commenting, glad you liked it.

[@amalekyen0012]

really helpful, thanks!

[@NurtureLearning]

Glad it was helpful ✅ !

[@user-fb1cy8yu2q]

Thanks for your efforts

[@NurtureLearning]

thanks for your comment, and glad you liked the content.

[@Monsaw1]

Well structured and detailed focus video. Thanks so much.

[@NurtureLearning]

thanks so much for liking and commenting...

[@cooldown369]

Awesome ❤❤❤🎉🎉

[@NurtureLearning]

thanks so much for liking and commenting 🙏🏻🙏🏻

[@hemantjadhav1176]

Thanks for this video, pls make a video for "Reconciliation systems"

[@NurtureLearning]

sure, please share which aspect of reconciliation.

[@prashantkuril.6698]

Helpful far banking domain.

[@NurtureLearning]

Thanks Prashant, glad you found it helpful.

[@gavrielhazony2738]

Thanks!

[@NurtureLearning]

thanks for liking and commenting 🙏🏻🙏🏻

[@niyaskadangode6197]

Informative and easy to understand.

[@NurtureLearning]

Glad you think so and thanks for liking and commenting 👍🏼👍🏼

[@simont733]

Its intersting so how is vertual card create and how do indvusal crates and sell for third person

[@NurtureLearning]

thanks for your comment.

[@vivekkumar-ky9bz]

Thank you, very clearly explained!

[@NurtureLearning]

Glad you like it 💐💐

[@rajshree0001]

It's men's when we do payment that time not any fund transfer it's right or no

[@NurtureLearning]

Hi Rajshree, yes it means that the real money transfer happens in the reconciliation process.

[@narendarboga7610]

Great n clear explanation..

[@NurtureLearning]

thanks for your comments, and glad you liked it 💐💐

[@shyamsundar-jl5hb]

Good explanation sir thank you

[@NurtureLearning]

You're most welcome, thanks for commenting…

[@ranjanamiglani259]

First step is authentication and not authorisation

[@NurtureLearning]

yes that's correct; but remember CONTEXT.

[@aneskamachado]

great video, thank you!

[@NurtureLearning]

glad you liked it, thanks for the comment.