Introduction to payment transactions

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Brother Gang focus on  comments views Collections minutes  Bside product managers need to consider more about the functionality stability security compliance etc of the product while Cside product managers need to consider more about the ease of use of the product Whether online or offline we deal with payments every day in this system transactions only occupy a very small part of it but because of the importance of funds its complexity is much more detailed than many products We are doing transactions every day When commuting to work you are transacting with the city subway

company When dining out you are transacting with takeout Brazil WhatsApp Number Data platforms and merchants When ordering a coffee break at work you are transacting with selfservice vending machine merchants When you work overtime you are transacting with taxihailing companies Platform trading So how do we complete the payments for the transactions we conduct every day and how does the payment system adapt to the everchanging transaction scenarios Next we will introduce the design of transactions in the payment system [Old rule if you think its simple and longwinded please turn to the end to read

the summary]  As we have introduced before payment is part of the transaction orders are the flow of

matching information and funds This is a bit abstract so lets introduce it through the familiar ecommerce shopping process Figure  Ecommerce transaction fulfillment process Transaction link When we are doing transaction design what we hear most is to master the entire transaction link Easy links are scenariobased processes starting from the user selecting the product and recording the transaction to the completion of payment and contract fulfillment .