Aurus Project Manager Interview Questions and Answers

TP payment process involves multiple steps and stakeholders.

• TP receives payment from the client

• TP deducts its commission and sends the remaining amount to the service provider

• TP maintains a record of all transactions and generates invoices for clients and service providers

• TP ensures timely payment to service providers to maintain good relationships

• TP may use different payment methods such as bank transfers, PayPal, or

TP payment flow involves multiple steps including payment authorization, processing, and settlement.

• The payment process starts with the authorization of payment by the customer.

• The payment information is then processed by the payment gateway.

• The payment gateway sends the information to the acquiring bank for settlement.

• The acquiring bank settles the payment with the issuing bank.

• Finally, the issuing bank credits the pa