
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 would occur if mortgages were suddenly banned?
Answer to: Online Payments: What are the main success factors in the remittance industry?
Answer to: What important factors should I consider before purchasing a Wi-Fi repeater?
Answer to: What are some of the world’s most widely respected or admired symbols?
Answer to: Which logos are among the oldest still in existence globally?
Answer to: If I borrow one kilogram of gold, what determines the legal exchange rate at which I must settle the repayment?
Answer to: Do money-transmission laws apply to gift-giving businesses that distribute cash gifts?
Answer to: Which white-label providers are best for handling international, multi-currency payment processing?
Answer to: Is Square likely to expand into online payment processing?
Answer to: Credit Card Processing: What steps are required to become a new payment type—similar to Visa, Mastercard, Discover, or Amex—and handle routing of authorizations to issuing banks?
Answer to: If a US-based company offers a web-based software application in Pakistan, what legal rights or requirements apply before entering the market?
Answer to: If someone wanted to create a new payment type like Visa/Mastercard/AmEx/Discover, what would actually be required?
Answer to: How do remittances from the Middle East to India affect the rupee’s value?
Answer to: Why doesn’t the hawala system collapse, and why do participants generally not cheat?
Answer to: Why is there no PayPal-like peer-to-peer money-transfer system in India?
Answer to: What are the main steps required to establish a payment processing company?
Answer to: Online Payment Gateways and Processing: How easy or hard would it be to steal swiped data from Square or the new PayPal Here devices?
Answer to: What are the core steps involved in becoming a payment processing company?
Answer to: How difficult would it be to skim card data from Square or PayPal Here devices?
Answer to: What specific function do companies like Visa and MasterCard serve in enabling electronic fund transfers?
Answer to: What precisely occurs during a wire transfer? How does the money move from the sender’s bank account to the recipient’s? How long does each stage take? What regulatory controls, if any, govern the process?
Answer to: What’s the best way to transfer money from the U.S. to Pakistan?
Answer to: What role do Visa and MasterCard play in electronic funds transfers?
Answer to: What exactly happens during a wire transfer and how does money move step by step between banks?
Answer to: What are the available ways to transfer money from the US to Pakistan?
Answer to: How hard is it to disrupt the electronic payments space?
Answer to: What is one company that gave you great value while costing you very little?
Answer to: Will the $100M MoneyGram penalty encourage the payments industry to treat AML compliance more seriously?
Answer to: How does an app enable transfers between two different bank accounts?
Answer to: How much of the internet still relies on pre-2000 legacy code, infrastructure, or hardware?
Answer to: What services or APIs enable users to send each other payments (bank/ACH) on my website?
Answer to: Is there a company that can handle credit card processing for my Africa-based startup?
Answer to: If online banking is widespread, why do checks still take a day to clear?
Answer to: What would happen if every bank in the world were replaced by a single institution requiring handwritten signatures and banning online banking?
Answer to: Online Payments: What are the biggest hurdles in getting approved for a merchant account?
Answer to: Are there Payment Service Providers in India, and what is required to become one?
Answer to: Which online payment solution is suitable for collecting personal-fundraiser donations in Singapore while remaining legally compliant?
Answer to: What is considered the most complex machine humanity has ever created?
Answer to: Which technology is likely to dominate mobile payments: digital wallets, NFC, or mobile card readers like Square?
Answer to: What is the best method for attracting a 10x engineer to an early-stage startup?
Answer to: Which approach is most likely to win in mobile payments: digital wallets, NFC, or mobile card readers (like Square)?
Answer to: What are the pathways to becoming a front-end card processor?
Answer to: What is a good payment gateway option for a donate-to-invest type platform?
Answer to: Foreign Exchange: How does peerTransfer generate revenue?
Answer to: Which ACH providers allow international merchants to participate?
Answer to: What risks come with using mobile point-of-sale systems?
Answer to: Do most banks build their own core banking and CRM systems, or do they buy them?
Answer to: How much does an ATM machine typically weigh?
Answer to: I’m looking for innovative payments companies—what are they and what do they offer?
Answer to: How do digital-goods merchants fight fraud and chargebacks?