Introduction to Payments: Core Principles, Mastering Payments Made Easy – Overview of the most prominent payment methods and the fundamental processes in payments.
Course Description
The course “Introduction to Payments: Core Principles” covers vital aspects of the payment industry, such as the evolution of payment systems, key roles in payment processes, and the definition and classification of a payment system.
- Highlighting the industry’s significance and its role in facilitating financial transactions
- Exploring the evolution of payment systems and the technological advancements
- Learning essential terminology and the roles of key stakeholders
- Learning about the differentiating factors of payment systems
- Learning about the classification of payment systems
- Explaining the main payment processes: initiation, authorization, authentication, clearing, and settlement
Product and project managers, software developers, legal and compliance advisors, consultants, treasury professionals, operations teams and other professionals across diverse sectors should learn about payments. This course offers an introduction to the payments industry for professionals in such areas and equips them with critical knowledge to innovate and implement efficient payment solutions, enhance customer experiences, improving conversion rates and profitability, stay compliant and adhere to payments regulation.
The course is designed for efficient and practical learning, ensuring fast-paced progress. It is beginner-friendly and ensures a smooth entry into the world of payments. The course covers fundamental concepts, making it easier for beginners to grasp essential knowledge and build a strong foundation in this industry.
