FinTech & Transactions expertise
Real-time card processing, payments and FX, ledgers and reconciliation.
Payments · Industry Knowledge Challenge
Payments & Card Processing
Twelve questions on the path a card transaction actually takes — authorization, capture, clearing, settlement and the disputes and reconciliation that follow.
About this challenge
This challenge follows a card payment from the terminal to the bank account: who the parties are, what each message in the flow actually commits, and where money and data stop agreeing with each other. It is written for product, operations and engineering people who build or run payment systems.
12 questions · four knowledge bands (Essential, Professional, Advanced, Expert) · a nonlinear Knowledge Score · no registration, no email required.
- Acquiring, issuing and the scheme in between
- Authorization, capture, clearing and settlement
- Interchange and the economics of a transaction
- Dual-message and single-message flows
- Authentication, liability and decline handling
- Tokenization and reconciliation