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system-design-101/data/guides/how-to-learn-payments.md
Kamran Ahmed ee4b7305a2 Adds ByteByteGo guides and links (#106)
This PR adds all the guides from [Visual
Guides](https://bytebytego.com/guides/) section on bytebytego to the
repository with proper links.

- [x] Markdown files for guides and categories are placed inside
`data/guides` and `data/categories`
- [x] Guide links in readme are auto-generated using
`scripts/readme.ts`. Everytime you run the script `npm run
update-readme`, it reads the categories and guides from the above
mentioned folders, generate production links for guides and categories
and populate the table of content in the readme. This ensures that any
future guides and categories will automatically get added to the readme.
- [x] Sorting inside the readme matches the actual category and guides
sorting on production
2025-03-31 22:16:44 -07:00

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title, description, image, createdAt, draft, categories, tags
title description image createdAt draft categories tags
How to Learn Payments A guide to understanding the payment industry and its key components. https://assets.bytebytego.com/diagrams/0254-learn-payment.png 2024-03-08 false
payment-and-fintech
Payments
Fintech

The mind map below shows an extensive outline of payment knowledge.

This gives us 𝐚 𝐭𝐨𝐩-𝐝𝐨𝐰𝐧 𝐯𝐢𝐞𝐰 𝐨𝐟 𝐭𝐡𝐞 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 and an overview of how the payment systems work.

Notice that different countries have different payment frameworks. But in general, the payment industry is composed of below parts:

  • Regulatory Authority

  • Central Bank

  • Commercial Banks

  • Non-Bank Payment Companies

  • Payment Systems

  • Clearing Networks

  • Settlement Systems

More Useful Materials

Here are some useful materials for your reference:

  • Payment Systems in the U.S. by GlenBrook

  • BIS (Bank for International Settlements) Website

  • PayPal documents

  • Stripe documents

  • SWIFT documents