• Settlement flow between Acquiring bank and Issuing bank

    Hello Sir, First of all thanks to you that you have developed this interface over we tekkies can ask their doubt. I have seen your videos on youtube for payment and card and I understood many things but my question is that you have explained settlement between POS[Merchant bank A/C] and Acquiring bank  but I want to know the settlement between Acquiring bank and issuing bank. If money is going to be deducted from acquiring bank  and credited to merchant bank so where does the money go which deducted from issuing bank.

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    Anand

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