My almost a decade long experience in Payment domain allowed me to understand financial transactions better. Here I will try my best to provide a simple introduction to ISO 8583
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Introduction to ISO 8583 Message Specification
Posted by Umesh Kolhe July 8, 2017 Payment authorization, BITMAP, ISO 8583, Payment
Payment Tokenization – Authorization Flow
Posted by Umesh Kolhe April 6, 2017 Payment authorization, Payment, Tokenization
In the first part of Tokenization we covered the basic understanding of tokenization. In this article, we'll dive deeper to understand the tokenization based authorization flow. The following are the
Read MoreWhat is Payment Tokenization?
Posted by Umesh Kolhe March 12, 2017 Payment Android Pay, Apple Pay, authorization, PAN, Payment, Tokenization, transaction
Tokenization is basically a substitution technique. Substitution is practiced to isolate data or information in an ecosystem. Payment world adopted tokenization to secure sensitive data like Primary Account Number (PAN)
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