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Payment and Fintech

Payment and Fintech are two of the most popular categories in system design interviews. In these guides, we will explore the architecture of a payment system and a fintech system.

ACHPayments

How ACH Payment Works

Learn how ACH payments work in the US, including direct deposit.

Updated 3/14/2024
VISAPayment Processing

How VISA Works When Swiping a Credit Card

Explore the VISA payment process from authorization to settlement.

Updated 3/13/2024
Payment SystemsMobile Payments

How do Apple Pay and Google Pay work?

Explore the mechanics of Apple Pay and Google Pay for secure transactions.

Updated 3/12/2024
Payment SystemsIdempotency

How to Avoid Double Payment

Learn how to prevent double payments in your payment system.

Updated 3/11/2024
PaymentsForeign Exchange

Foreign Exchange Payments

Learn how foreign exchange payments work when buying/selling internationally.

Updated 3/10/2024
FintechPayments

The Payments Ecosystem

Explore the key players and processes in the payments ecosystem.

Updated 3/9/2024
PaymentsFintech

How to Learn Payments

A guide to understanding the payment industry and its key components.

Updated 3/8/2024
Payment ProcessingSystem Design

Payment System

Explore the architecture and flow of a typical payment system.

Updated 3/7/2024
PaymentsFintech

Money Movement

Understanding the flow of money during online transactions.

Updated 3/6/2024
Payment SystemsQR Codes

How Scan to Pay Works

Explore the mechanics behind scan-to-pay systems and digital wallets.

Updated 3/5/2024
FintechUPI

Unified Payments Interface (UPI)

Explore the architecture and workings of India's UPI payment system.

Updated 3/4/2024
Payment SystemsData Reconciliation

Reconciliation in Payment

Explore payment reconciliation: challenges, solutions, and its importance.

Updated 3/3/2024
Payment SystemsScalability

Handling Hotspot Accounts

Learn how to handle hotspot accounts in payment systems effectively.

Updated 3/2/2024
QR CodesPayments

4 Ways of QR Code Payment

Explore the 4 different methods of QR code payments.

Updated 3/1/2024
PaymentsFinance

SWIFT Payment Messaging System

Explore the SWIFT system, its role in secure, cross-border payments.

Updated 2/28/2024
Web3Decentralization

What is Web 3.0? Why doesn't it have ads?

Explore Web 3.0: ownership, decentralization, and ad-free potential.

Updated 2/27/2024
TradingRisk Management

What is a Stop-Loss Order and How Does it Work?

Learn about stop-loss orders and how they help minimize investment losses.

Updated 2/26/2024
BlockchainDigital Wallets

Digital Wallets: Banks vs. Blockchain

Explore the differences between digital wallets in banks and blockchain.

Updated 2/25/2024
E-commerceSupply Chain

E-commerce Workflow

Explore the behind-the-scenes of e-commerce: procurement to delivery.

Updated 2/24/2024