Pricing in the credit card processing industry is very complex and most merchant statements do not make it any easier to understand. There are various players in the payments space and so much industry jargon that getting a handle on your payments can be difficult and time consuming if you don’t fully understand the process.
This course starts with an overview of the payments landscape then we look at the key players and their roles, from the Credit Card Associations to the Merchant Providers. We then look at the flow of a credit card transaction and the different components that make up the cost of processing those transactions. Since interchange is the largest cost, we delve deep into understanding interchange and identifying ways to optimize interchange while reducing the overall costs of processing credit and debit cards.
We round out the course by covering some of the main pain points that many organizations have with the payments process, including downgrades, chargebacks, and the overall management of payments.
- Teacher: umer data
SKU *: crs-1554266
Sell price $: 24.00
Course Preview:
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Course Short Description:
This course helps you understand and optimize your credit and debit card processing costs and improves your overall management of payments.
credit Hours: 0
CPE Credits Awarded *: 1
Approval Status: - None -
Course is for: ** Main Course Library **
Course Duration: 1
Complexity of Content: Foundational
Suppress in lists: No
Last Updated/Reviewed Date: March 13, 2024
Prerequisitses:
Prerequisite: Previous experience in finance
Advanced Preparation: None
Learning Objective:
- Explore the key players in the payments industry and the role they play
- Identify the major variables that drive the cost of card processing
- Discover how to evaluate ways to reduce payment processing costs
Course Type: CPE Course
Format: On Demand
Audit & Accounting: No
Careers: No
Ethics (NASBA): No
Excel: No
Finance: Yes
Human Resources (HR): No
Internal Audit: No
Leadership & Management: No
Marketing: No
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Productivity & Tech: No
Risk Management: No
Sales: No
Tax: No
Field of Study: Specialized Knowledge
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CPA: Yes
CPD-IES7: No
CPD-IES8: Yes
CMA: Yes
CFE: Yes
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FPC: No
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CISA: No
CIST: No
CRFS: No
SHRM-CP: No
SHRM-SCP: No
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SPHR: No
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aPHR: No
PHRca: No
PHRi: No
SPHRi: No
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CPE Credits: 1
Field of Study: Specialized Knowledge
CPE Delivery Method: QAS Self-Study
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*Program Level: Basic
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No advanced preparation or prerequisites are required for this course.
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CPE Credits: 1
Field of Study: Specialized Knowledge
CPE Delivery Method: QAS Self-Study
Program Location:
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*Program Level: Basic
*Prerequisites:
No advanced preparation or prerequisites are required for this course.
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CPE Credits: 1
Field of Study: Specialized Knowledge
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*Program Level: Basic
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Field of Study: Specific business topics such as finance and others
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CPE Credits: 1
Program Location:
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*Program Level: Basic
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<td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, <span style="font-size:12px;font-weight:bold;">ID No. 000000</span> has been approved for 1.0 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at <a href="https://www.hrci.org">www.hrci.org</a>. </span></td>
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<td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, <span style="font-size:12px;font-weight:bold;">ID No. 000000</span> has been approved for 1.0 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at <a href="https://www.hrci.org">www.hrci.org</a>. </span></td>
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<td align="left" valign="middle"><span style="font-size:10px;font-weight:normal;">This activity, <span style="font-size:12px;font-weight:bold;">ID No. 000000</span> has been approved for 1.0 HR (General) recertification credit hours toward aPHR™, PHR®, PHRca®, SPHR®, GPHR®, PHRi™ and SPHRi™ recertification through HR Certification Institute® (HRCI®). Please make note of the activity ID number on your recertification application form. For more information about certification or recertification, please visit the HR Certification Institute website at <a href="https://www.hrci.org">www.hrci.org</a>. </span></td>
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