{"product_id":"how-payments-work-the-hidden-infrastructure-behind-cards-bank-rails-wallets-and-modern-fintech-hardcover","title":"How Payments Work: The Hidden Infrastructure Behind Cards, Bank Rails, Wallets, and Modern Fintech - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eArtem Smirnov\u003c\/b\u003e (Author)\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eHow can a card from one bank work almost anywhere in the world?\u003c\/strong\u003e\u003c\/p\u003e\u003cp\u003eYou tap a card, see \"Approved,\" and walk away with a receipt. Yet in those few seconds, several institutions have exchanged messages, checked risk, reserved funds, applied rules, and created records that will later determine who gets paid.\u003c\/p\u003e\u003cp\u003e\u003cem\u003eHow Payments Work\u003c\/em\u003e explains the infrastructure behind that everyday transaction in clear, practical language.\u003c\/p\u003e\u003cp\u003eWritten for people entering payments, banking, and fintech - and for professionals who want to understand the parts of the industry beyond their own - the book explains the roles, flows, incentives, trade-offs, and failure points behind modern payment systems.\u003c\/p\u003e\u003cp\u003e\u003cstrong\u003eThe book covers: \u003c\/strong\u003e\u003c\/p\u003e\u003cul\u003e\n\u003cli\u003e\n\u003cstrong\u003eCard payments\u003c\/strong\u003e - issuers, acquirers, networks, processors, gateways, PSPs, authorization, clearing, settlement, fees, disputes, and network rules.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eCards and credentials\u003c\/strong\u003e - EMV, contactless payments, mobile wallets, tokenization, virtual cards, PINs, CVV\/CVC, and 3-D Secure.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eTransaction processing\u003c\/strong\u003e - ISO 8583, authorization holds, clearing, settlement, refunds, reversals, chargebacks, reconciliation, and payment accounting.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eSecurity and regulation\u003c\/strong\u003e - fraud, PCI DSS, PSD2\/PSD3, Strong Customer Authentication, GDPR, KYC, AML, and sanctions screening.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eBank payment rails\u003c\/strong\u003e - ACH, SEPA, SWIFT, correspondent banking, ISO 20022, and instant payments.\u003c\/li\u003e\n\u003cli\u003e\n\u003cstrong\u003eModern fintech\u003c\/strong\u003e - digital wallets, BNPL, QR payments, open banking, account-to-account payments, neobanks, Banking-as-a-Service, embedded finance, stablecoins, CBDCs, and DeFi.\u003c\/li\u003e\n\u003c\/ul\u003e\u003cp\u003eRather than focusing on a single provider or technology, \u003cem\u003eHow Payments Work\u003c\/em\u003e explains how the pieces fit together: how information moves before money does, where risk sits, and why the same transaction looks different depending on which side of the system you are on.\u003c\/p\u003e\u003cp\u003eWhether you are starting a career in payments or already working in the industry, this book provides a practical foundation for understanding the infrastructure behind modern money movement.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 540\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 1.19 x 10 x 7 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e September 01, 2026\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":52714738843922,"sku":"9783000885006","price":53.98,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0941\/2211\/5346\/files\/SLk98wzk_A9783000885006.webp?v=1789617101","url":"https:\/\/ckbookstore.net\/products\/how-payments-work-the-hidden-infrastructure-behind-cards-bank-rails-wallets-and-modern-fintech-hardcover","provider":"CK BOOKSTORE","version":"1.0","type":"link"}