AGS Transact Technologies Assistant Manager Interview Questions, Process, and Tips

ISO 8583 is a messaging standard used for financial transactions in the banking industry.

• ISO 8583 defines the format of messages exchanged between devices in a financial transaction network.

• It consists of a message header, a bitmap indicating which data elements are present, and data elements containing transaction information.

• Each data element has a specific format and length, such as the card number, transaction amou...read more

ISO 8583 is a messaging standard used for financial transactions.

• ISO 8583 defines the format of messages exchanged between devices in a financial transaction network.

• The message flow typically includes message type indicators, data elements, and network-specific headers.

• Example: A customer swipes their credit card at a point of sale terminal, which then sends an ISO 8583 message to the acquiring bank for authorization.

Events and store and forward queue are concepts related to managing data and communication in a system.

• Events are occurrences or happenings within a system that trigger actions or processes.

• Store and forward queue is a method of storing data temporarily before forwarding it to the next destination.

• Example: In a retail store, an event could be a customer making a purchase, triggering the store to update inventory. Store...read more

There are various types of card production systems, each with their own unique features and functionalities.

• Direct-to-card printers: Print directly onto the surface of the card using dye-sublimation or thermal transfer technology.

• Retransfer printers: Print the card image onto a clear film which is then thermally bonded to the card surface for higher quality and durability.

• Embossing machines: Create raised characters on...read more