The World Of Digital Payments: Practical Course (FinTech)

by Pavlo Sidelov

13 May 2021 ★★★★★

Why I read it: I already have several years of experience working as a software engineer in digital payments. Want to start adding theoretical background to the understanding I’ve gained via my work.

Why I read it:

• It was easy to read.
• It improved my understanding of concepts like issuing bank and acquirer and the overview of the card payment flow.
• Before reading this book, I have never thought about disadvantages of working with physical money like the costs of securely transferring them between locations. I just took the move to cashless societies for granted.
• I got a little ego boost as a lot of stuff in this book was already familiar to me.

What I disliked:

• The book is very broad, structured as rather short chapters on different topics, so there was no feeling of continuous read.
• The book is written for an entrepreneur who needs to choose the correct payment options for a new product. I was expecting a more generic technical overview.
• Majority of examples were from Eastern Europe, it would have been more exciting to read about payment systems I’ve worked with.