reference Jimmy Blog
All (or most?) financial transaction is using ISO 8583 standard, which at first I thought is a complicated standard. But after learn and see how it implemented it’s not as complex as I thought.
In this post I will try to explain (based on my experience before I go deeper on the programming side.
Although it’s a ’standard’ I see that’s many variant for the detail implementation of ISO 8583.
Financial transaction is communication between 2 system through socket connection.
After connection established, each system can send message in ISO 8583 format which commonly will be request and the other system will response.
From my experience the communication will be start with sign on and then the financial transactions.
Periodically an echo message is send to make sure the other system is still alive.
If I break down the flow:
- System A open connection to System…
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