Welcome to Payments Domain (Dot) Calm 😊
I am Santosh Rajagopalan, a payment enthusiast. I firmly believe that the best way to learn is by sharing the knowledge I have. My current occupation as a Business Analyst in the software industry has put me on a learning trajectory in Payments domain.
Every day there are new software engineers joining this ever-growing ever-changing domain. I thought I could share whatever I know about payments via. a series of articles. Please feel free to post any questions you might have on these articles as it would add value to me and other readers.
Once again welcome. As a friend of mine once said, “the world is small, and the payments industry is even smaller”. Please join this community and enjoy reading.
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About Me
I am Santosh Rajagopalan, a payment enthusiast. I have been a part of the software industry since the year 2012 and have worked with world class organizations like Accenture, Capgemini, Société Générale and Temenos
Blog Comments
Santhi Marimuthu
May 9, 2021 at 10:13 am
👍eageely awaiting for next article
Santosh
May 15, 2021 at 3:34 pm
Thank you
founsemn
May 11, 2021 at 3:21 am
All above told the truth.
Siddhartha Chakraborty
September 3, 2021 at 4:39 am
Can you please help me with cross border remittance process flow?
Siddharth Dalal
May 5, 2022 at 4:33 am
Could you please explain difference between Void, Reversal & Refund transactions? Thanks.
Santosh
May 5, 2022 at 6:11 pm
From the scope of this blog, I will attempt to answer these questions as best as I can.
These are terms associated with card payments and I request you to follow my blog cardsdomain.com for further info.
From an A2A payments perspective, we have 2 terms that are commonly used. Reject and return.
Reject – When the payment is rejected by the next party in the chain. This party can be a CSM or Another bank. Payments are rejected if accounting has not taken place.
Return – Here, accounting would have taken place in the CSM/Receiving bank and then the money would be returned to us.