India1 Payments Interview Questions and Answers

Assignment was on requirement gathering

Q1. It was not upto mark
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Self confidence, how to archive your life, Tecnical & mechanical knowledge etc

Q1. What is the structure of iso 8583
Ans. 
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
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Q2. Message flow of iso 8583
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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.
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Q3. What isevents and store and forword queue
Ans. 
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
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Q1. Types of card production system and how they are working
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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
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Q2. SQL server and database
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Q1. How to manage the team
Ans. 
Managing a team involves effective communication, setting clear goals, providing support, and fostering a positive work environment.
• Communicate clearly and regularly with team members to ensure everyone is on the same page

• Set specific, achievable goals for the team and individuals, and provide feedback on progress

• Support team members by offering guidance, resources, and training as needed

• Create a positive work environm...read more
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Q1. Previous experience
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