Apprentice Trainee
Teamspace Financial Services Private Limited
Apprentice Trainee
Teamspace Financial Services Private Limited
Ambattur Industrial Estate, Chennai
₹16,000 - ₹18,000 monthly
Fixed
₹16000 - ₹18000
Earning Potential
₹18,000
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
FAQs about this job
Show all