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How to learn payments?

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How to learn payments?

Alex Xu
Jun 23, 2022
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How to learn payments?

blog.bytebytego.com


The mind map below shows an extensive outline of payment knowledge.ย 

This gives us ๐š ๐ญ๐จ๐ฉ-๐๐จ๐ฐ๐ง ๐ฏ๐ข๐ž๐ฐ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ and an overview of how the payment systems work.

Notice that different countries have different payment frameworks.ย But in general, the payment industry is composed of below parts:

๐Ÿ”น Regulatory Authority
๐Ÿ”น Central Bank
๐Ÿ”น Commercial Banks
๐Ÿ”น Non-Bank Payment Companies
๐Ÿ”น Payment Systems
๐Ÿ”น Clearing Networks
๐Ÿ”น Settlementย Systems

โ–ถ๏ธ ๐Œ๐จ๐ซ๐ž ๐”๐ฌ๐ž๐Ÿ๐ฎ๐ฅ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ๐ฌ for your reference:
- Payment Systems in the U.S. by GlenBrook
- BIS (Bank for International Settlements) Website
- PayPal documents
- Stripe documents
- SWIFT documents

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How to learn payments?

blog.bytebytego.com
3 Comments
Jeff
Nov 23, 2022

too concise to be useful

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SUMIT KUMAR GUPTA
Nov 25, 2022

Picture is too small to be read even after maximizing. Please make it bigger.

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