Payments | Foundation Course
Understand the payments ecosystem, card transactions, and regulatory landscapes. Dive into transaction processing and alternative payment methods to streamline client onboarding and enhance user experience.
Welcome to the Foundation Course!
Get ready to learn!
Course 1 Slides: The Payments Value Chain
The history of the payments value chain
The 4 & 3 corner model
The payments value chain
Key players in the payment value chain
Example: a card present transaction in the payment value chain
Roles identified
The pricing of payments
Examples of Payment Pricing
Quiz: Course 1
Get ready to learn!
Course 2 Slides: Card payments
Introduction to Card Payments
Physical & Virtual Cards
Debit & Credit Cards
Corporate & Consumer Cards
Understanding Card Information
Card-Present & Card-Not-Present
Card Reading Techniques
Open & Closed Loop Cards
EMVco: Card Payments Security
3DS & SCA: Card Payment Security
Tokenization
Quiz: Course 2
Get ready to learn!
Course 3 Slides: Transaction Processing
Transaction Processing: Authorisation, Capture, Clearing & Settlement
Transaction Flow Example
TRX Flow: Use cases
Single & Dual message
On-us & Not-on-us
The Clearing Process
The Settlement Process
Quiz: Course 3
Get ready to learn!
Course 4 Slides: Acquirer, Scheme and Issuer Roles
Introduction to: Acquirer, Scheme, and Issuer
The Acquirer
The Scheme
The Issuer
Quick Recap 3 & 4 Corner Model
Quiz: Course 4
Get ready to learn!
Course 5 Slides: PSP & Orchestration
Introduction to: Gateway, PSP, Orchestration
Differences between Gateway & PSP
Payment Orchestration Platforms
Podcast Episode: PSP & Orchestration
Quiz: Course 5