
Faisal Khan
Contributor✓Banking & Payments Consultant
80s 🎧 | 📚 | Internet Junkie | 💵 | UNFAK | 🎷 | BTC | Vintage Collector | Arbitrageur | 🐱 Dad | Free Palestine 🇵🇸
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Q&A Contributions
Answer to: What is the most valuable banknote ever issued to date?
Answer to: What is the best payment system to integrate into a website that operates as a platform?
Answer to: Is there a website payment system that automatically converts fiat to Bitcoin and sends it to a specified Bitcoin address?
Answer to: Does PCI DSS specify any maximum acceptable network latency for card transactions?
Answer to: How does Bitcoin trading work in Pakistan?
Answer to: How do U.S. banks run background checks on non-citizens?
Answer to: Why did M-Pesa succeed so strongly in Kenya while similar products underperformed in South Africa or India?
Answer to: How does Visa settle funds between acquirers and issuers at day-end—what rails/mechanisms are used (ACH, switches, etc.)?
Answer to: Why does it seem like most people don’t really understand how money works?
Answer to: Can money laundering be done via large-scale art purchases, and how does that affect art pricing and valuations?
Answer to: Why aren’t PayMaya and GCash in the Philippines widely viewed as success stories despite clear benefits?
Answer to: How many Swiss banks exist in total?
Answer to: Bitcoin in 2014: Which companies offered Bitcoin merchant acquiring/processing?
Answer to: Why are banks wary of Bitcoin?
Answer to: Why are there so many physical bank branches concentrated in Manhattan?
Answer to: History: How did wealthy Europeans move assets to the New World during the colonial era?
Answer to: How can someone get a meeting with a major tech company like Apple or Samsung?
Answer to: What items does PayPal need to recognize and account for in its financial statements?
Answer to: How are large-value bank transactions executed in practice?
Answer to: Banks: Which financial services brand is doing a strong job marketing “innovation”?
Answer to: Does Dubai have its own stock exchange?
Answer to: Is there a country-by-country directory of financial regulators, or an online database of regulatory enforcement actions and breaches?
Answer to: Why hasn’t peer-to-peer money transfer seen widespread adoption?
Answer to: When did societies begin using currency to trade goods across borders?
Answer to: How can I set up a Ripple gateway for African/Asian currencies, and what would it cost?
Answer to: The UK Faster Payments website says around 400 payment service providers access the system indirectly via sponsor banks—who are these providers and what level of access/service do they get?
Answer to: Which payment gateway providers let Pakistan-based e-commerce businesses offer PayPal as a checkout option?
Answer to: Which banks and financial institutions are supported by Yodlee?
Answer to: What exactly is involved in Check 21 processing services?
Answer to: Online Banking: What happens if you accidentally deposit money into the wrong account?
Answer to: Can funds sent to the wrong account via NEFT/RTGS be reversed?
Answer to: Why do banks ask “public records” verification questions when confirming identity?
Answer to: I live in India and have no U.S. contacts—how can I open a U.S. business bank account remotely?
Answer to: Somalia’s currency is unrecognized internationally—what does that mean and what are the consequences?
Answer to: What paths can someone take to enter investment banking without experience?
Answer to: What is the best dataset available on global remittance flows and average remittance costs?
Answer to: When I transfer money from my bank to PayPal, where does the money actually go behind the scenes?
Answer to: What is the minimum ACH debit settlement time needed to reduce fraud risk?
Answer to: Payment Processing: What should I understand before becoming a merchant of record?
Answer to: Is it better to exchange currency before leaving your country or after arriving in the destination country?
Answer to: What opportunities exist for U.S. or European startups within the remittances sector?
Answer to: What does a payment analyst do?
Answer to: Who is currently in charge of Facebook’s payments division?
Answer to: Why do many self-proclaimed payment-processing experts provide inaccurate information?
Answer to: How does PayPal actually process a transaction when a customer submits a payment?
Answer to: How do banks use encryption in ATMs, and where is ATM-related data stored?
Answer to: What steps are required to accept Bitcoin payments in countries where PayPal and similar services are not available?
Answer to: How can I set up my own mobile money-transfer startup?
Answer to: What is the fastest and cheapest way to send money to someone in another U.S. state, excluding MoneyGram or Western Union—perhaps via a bank?
Answer to: What are the biggest problems with today’s payment systems?