Lukas Korenacka – Medium

Lukas Korenacka

Lukas Korenacka
in
Payment Sprint

ISO Fields

ISO stands for International Organisation for Standardisation. This is a non-governmental organization headquartered in Switzerland which…

4 min readOct 4, 2019

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ISO Fields

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Lukas Korenacka
in
Payment Sprint

BIN (Bank identification number)

BIN stands for Bank Identification Number (4–6 digit number) which is used to identify the issuing bank. The BIN is used by payment…

2 min readSep 24, 2019

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BIN (Bank identification number)

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Lukas Korenacka
in
Payment Sprint

PIN Translation

This topic is probably one of the most confusing ones within payments simply because PIN translation is a form of encryption. The…

3 min readSep 19, 2019

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PIN Translation

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Lukas Korenacka
in
Payment Sprint

Amazon is testing hand-scanning payments

Recently the New York Post reported that Amazon is testing a new in-store payment technology for their WholeFoods grocery chain. The new…

2 min readSep 5, 2019

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Lukas Korenacka
in
Payment Sprint

OFF-US vs. ON-US trans

The process above is also called an OFF-US transaction because the acquiring bank and issuing bank are located on two separate networks…

2 min readSep 3, 2019

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Lukas Korenacka
in
Payment Sprint

Basic card operation cycle

The first article will focus on a basic card operation cycle as it would happen in any retail store online or offline. Throughout this…

4 min readSep 3, 2019

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Basic card operation cycle

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Lukas Korenacka
in
DataDrivenInvestor

Basic Payment Transaction Process

I wanted to kick off my medium page with a very basic story on how payments work. There is plenty of information out there hence what you…

3 min readOct 31, 2018

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Basic Payment Transaction Process

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Lukas Korenacka

Lukas Korenacka

Product Manager | Payment Technology Enthusiast LinkedIn: linkedin.com/in/lukaskoren Payment Sprint Publication: https://medium.com/payment-sprint

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