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PBT 01 EFT Overview
PBT 01 EFT Overview
PBT 01 EFT Overview
Overview
Three types of courses
Payments Basic Training (PBT)
Payments Specialized Training (PST)
Payments Development Training (PDT)
Core Modules
Module 1: EFT Overview
Module 2: Realtime
Module 3: PostCard
Module 4: Office
Elective Modules
Additional modules environment specific
Module 5: ATM Driving
Module 6: eSocket.POS
Module 7: TermApp
Main Sections
EFT Concepts
EFT concepts (incl. S1-specific concepts)
Payment cards (PANs and routing)
Payment flows (consumer transactions and settlement)
EFT protocols (draft capture and ISO 8583 messages)
Scoring
o Less than 64% Attendance
o Between 65% and 84% Competence
o 85% and greater Achievement
Terminology 1
Electronic funds transfer (EFT)
Card acceptor (merchant)
Acquirer (merchant account provider)
Card association ( EFT network)
Issuer
Terminology 2
Authorization and capture
Downstream versus upstream
On-us, not-on-us, remote on-us
Protocol
Primary account number (PAN)
Bank identification number (BIN)
On-us Transactions
Not-on-us Transactions
Routing
Routing
o Acquirer: on-us or not-on-us?
o Network: which issuer?
o Issuer: which account?
Routing mechanism
o Primary Account Number (PAN)
Cards PAN
PAN
Cards BIN
BIN
Cards IID
IID
Cards Tracks
Track 1
Track 1
o Cardholder details (name and courtesy title)
o Used by terminals not used by EFT processors
Cards Tracks
Track 3
Track 3
o Seldom used
Cards Tracks
Track 2
Track 2
o PAN + essential EFT data
o Numeric; Maximum 37 digits
Cards Track 2
Chip Cards 1
Integrated circuit chip (ICC)
Bigger storage capacity
Perform cryptographic calculations
o Offline PIN verification
Chip Cards 2
Same basic information
o PAN
o Expiry date
o Service restriction code
Introduction
How money (value) flows between EFT entities
Two phases
o Consumer
Value flows to the consumer.
Consumer receives cash or goods/services.
EFT processors (e.g. S1 payments system)
EFT protocols (ISO 8583)
o Settlement
Value flows from the consumer (closes the cycle)
Merchant or terminal owner receives payment
Automated clearing houses or similar
3: Amount + surcharge +
interchange (switch) fee
4: Amount
Merchant
3: Amount
merchant fee
5: Interchange
(discount rate)
ISO 8583
ISO 8583
o Most widely used EFT protocol
o Used by Realtime
Specifies
o Message content
o Message Format
o Rules of exchange draft capture protocols
o Capture
Cardholders account debited
Ledger balance adjusted
Transaction completed/secured
Auth request
Auth response
Auth request
Auth response
Batched advices
End of day
Advice responses
Merchant Acquirer Issuer
Auth request
Auth response
Advice
End of day
Advice response
Merchant Acquirer Issuer
Tran request
Tran response
Tran request
Tran response
Completion
Completion
ATM response Acquirer Issuer
EOD
Message Classes
Message class (first 2 digits)
01xx authorization
02xx transaction
03xx file update
04xx reversal
05xx reconciliation
06xx administration
08xx network management
Message Functions
Store-and-forward messages
o Transaction complete from cardholders point-of-view
e.g. advices, completions, and reversals
o No response message repeated till response is received
o Inform recipient of final state of transaction
o Placed in S&F queue
Bitmaps
10110010101
Data Elements
Fields may be
o Fixed length (e.g. Field 3 processing code)
o Variable length (e.g. Field 2 PAN)
Length indicated by first 13 digits
Important Fields
Field number Description
2 Primary Account Number
3 Processing Code
4 Amount, Transaction
7 Transmission Date and Time
11 Systems Trace Audit Number
35 Track 2 data
39 Response Code
49 Currency Code, Transaction
52 Personal Identification Number (PIN) Data
127 Reserved for Private Use (S1-specific)
Field 127
Up to 999,999 bytes long
Used extensively by Realtime
Divided into subfields (239 sequentially)
Bitmap indicates which subfields are present
See page 128 for a list of more commonly used S1-specific subfields
Upstream Failure
0200 0200
Timed out
0210
Declined
0420 0420
Timed out
0421
0430
Upstream Failure
0200 0200
Timed out
0210
Approved
0420 0420
0430
0220
0220
0230
Late Response
0200 0200
0420 0420
Downstream Failure
Online
0210 0210
Timed out
0420
0430
0420 0420
0430
Online Store-and-forward
0200 0100
0210 0110
Online Store-and-forward
0200 0100
0210 0110
0220 0220
0230
Internet
File
imports
PostCard
eSocket.POS
General
eSocket.web ledger
Business Environments
Payments product family suited to several environments:
o Financial Institutions
o Retailers
o Telecom operators (mobile and fixed-line)
o Processors
o Networks
o Independent sales organizations (ISOs)
Business Solutions
Driving ATMs
Performing card processing
Authorizing transactions (stand-in and full authorization)
Managing card production and PIN generation
Driving point-of-sale devices
Providing mobile and internet payment/banking
Switching transactions
Realtime
Core of installation
Realtime manages
o Online transaction processing
o Transaction security
o Integrity management
o Routing
o Card processing
o Currency conversion
o Batch reconciliation
Realtime Interfaces
Interact with external entities
Provide protocol translation
Provide terminal driving capability
o Source interfaces only
o AtmApp Diebold and NCR ATMs
o TermApp POS terminals
Realtime Consoles
Transaction querying
Terminal monitoring
Event logging
Transaction tracing
PostCard
Card management system
Office
Transfers transaction data from Realtime to its own database
eSocket
Provides easy integration of third-parties with the S1
payments system
Enables systems to
Process EFT transactions (including EMV)
Switch transactions to Realtime
ATM driving
Retail payments
Mobile prepay
ATM Driving
Monitoring and
configuration
Advanced-function ATMs Pager alerts
Issuing
Realtime banks
WAN
Office Networks
Conventional ATMs:
Diebold 911/912 Reports
Triton
Tranax
NCR NDC+ ATM processors payments system
Tidel
Retail Payments
Monitoring and
configuration
Pager alerts
Issuing
Realtime banks
WAN
Office Networks
Reports
POS with
eSocket.POS
Retailers payments system
Mobile Prepay
Monitoring and
configuration
Pager alerts
WAN
Prepay host
Mobile Office
Network
Reports
Mobile phone
Mobile operators payments system