Apprentice Trainee

Teamspace Financial Services Private Limited

Ambattur Industrial Estate, Chennai

₹16,000 - ₹18,000 monthly

Fixed

16000 - ₹18000

Earning Potential

18,000

Work from Office

Full Time

Freshers only

Good (Intermediate / Advanced) English

Job Details

Interview Details

Job highlights

30 applicants

Job Description

Designation : Appreciation Trainee


Looking for graduate freshers 


6 Months internship with Government certificate


Card Operations - Merchant Acquiring Profile


In card operations, a Merchant Acquiring profile refers to the setup and configuration of a merchant (business) to accept card payments (credit/debit) through payment processors or acquiring banks.


Key components of a Merchant Acquiring profile:

- Merchant ID (MID): Unique identifier for the merchant

- Terminal ID (TID): ID for payment terminal/device

- Acquirer: Bank or institution processing transactions

- Payment schemes (Visa, Mastercard, UPI, etc.)

- Risk parameters (floor limits, velocity checks)

- Settlement details (bank account for settlement)

- Fee structure (interchange, scheme fees, acquirer markup)


Typical flow:

1. Merchant onboarding → Acquirer sets up MID & TID

2. Transaction processing → Terminal → Acquirer → Scheme → Issuer

3. Authorization → Risk checks (velocity, floor limit)

4. Settlement → Funds settled to merchant account




Salary Budget - 18500


2nd , 4th Saturdays off along with Sundays.


General shift timing 


Location :Ambattur,

Ambattur industrial estate.

Job role

Work location

Ambattur Industrial Estate, Chennai, Tamil Nadu, India

Department

Admin / Back Office / Computer Operator

Role / Category

Data Entry/Computer Operator

Employment type

Full Time

Shift

Day Shift

Job requirements

Experience

Freshers only

Education

Graduate

English level

Good (Intermediate / Advanced) English

Gender

Any gender

About company

Name

Teamspace Financial Services Private Limited

Address

Ambattur Industrial Estate, Chennai, Tamil Nadu, India

Job posted by Teamspace Financial Services Private Limited

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