Fuel Your Success in the Payments industry. Grow Your Consulting Business, Demonstrate Your Expertise To Your Boss And Customers, Or Switch Careers Easily With a Modular Course Designed To build your payments skills on the rock In just 5 hours
From Zero to Payments Master in 11 easy modules with the payments fundamentals course
What is in it for you?
- Strong Foundation For Your Career In the Payments Industry
- All the basics You Need To Know About Payments Systems
- No More Scrambling For Relevant Information
- Accurate, Easy-To-Understand, And Precise Information – NO FLUFF
- Impress Customers, Boss, & Peers With Outstanding Knowledge
Module 1 – Payments, Payment instruments and payment systems
- What is a payment?
- Payment instrument definition and classification
- Cash and non-Cash payment instruments
- Payment systems definition
- Payment systems volumes
- End parties and their needs
- End parties quadrants in payments
- Assessment Quiz
Value 67 €
Module 2 – Payment systems models
- Introduction to payments systems models
- System modeling
- Types of payments systems models
- Open loop models
- Payments system(s) anatomy at country level
- Example Payments systems in France
- Closed loop models
- Example American Express
- Models for cryptocurrencies
- Example of the Bitcoin
- Assessment Quiz
Value 67 €
Module 3 – The Four Corner Model and participation to CSMs
- From Open Loop Models to the Four corner Model
- The Four Corner Model
- Few examples of Four Corner Models
- Direct and Indirect participants to CSMs
- Direct participants
- Indirect participants with no direct access to clearing system
- Indirect participants with direct access to clearing system
- Participation directories
- Assessment Quiz
Value 67 €
Module 4 – Clearing and settlement mechanisms
- What is Clearing?
- Bilateral clearing
- Multilateral clearing
- (Gross and Net) Settlement
- Deferred Net Settlement
- Continuous Net Settlement
- Main types of clearing and settlement systems
- Assessment Quiz
Value 67 €
Module 5 - Push and Pull payments and related risks
- Introduction and definitions
- Push payments and few examples
- Pull payments and few examples
- Pull payments - Specificities of Card payments and Cheques
- Summary – Push and Pull payments
- Assessment Quiz
Value 67 €
Module 6 - Payments messages standards
- The Four Corner Model
- Customer-to-bank space
- The interbank space
- Why standards are needed for payment messages
- Payments Messages Standards (ISO 20022, SWIFT MT/MX, Local standards)
- Original transactions and Related-transactions
- Assessment Quiz
Value 67 €
Module 7 - Domestic and International payments
- Domestic payments
- Definition
- Intrabank payment
- intra bankgroup payments
- Interbank payments
- International payments
- Domestic vs. Cross-border payments
- The six party model for cross border payments
- Correspondent banking – Nostro, Vostro and Loro accounts
- International paymentSWIFT – The gobal secure messaging platforms
- Assessment Quiz
Value 67 €
Module 8 - Payment processing value chain
- Value chain and Payment processing value chain
- Payment processing value chain (From a bank’s perspective)
- The Straight Through Processing (STP)
- Payment processing value chain analysis
- Payment acquisition and reporting
- Payment Order Management
- Payment Exchange
- Payment status reports
- Assessment Quiz
Value 67 €
Module 9 – Regulations and Risks in payments
- Payments regulations
- Introduction
- Key regulatory goals
- Few examples of payment regulations and initiatives
- Subjects covered by private rules
- Risk and risk management in payments
- Definitions
- The main types of risks in payments
- Operational risks
- Legal risks
- Financial risks
- Assessment Quiz
Value 67 €
Module 10 - Economic models in payments
- Economic models of CSMs and PSPs
- Economic models of Payments Systems
- Example of CSMs
- Example of Card schemes
- Example of cryptocurrency
- Economic models of Payment Service Providers
- PSPs Direct revenues: Transactions fees, Interest on associated loans, Monthly maintenance fees, Subscription fees, Commission on turnover (CoT), Exception fees
- PSPs Indirect revenues: Float, Interchange, Net interest income on deposit balances
- Assessment Quiz
Value 67 €
Module 11 – Main key players in the payment industry
- Payments is a dynamic industry with a bright future
- Overview of few main players in the payments industry
- Players that are part of the value chain
- Consumers and merchants
- Bank payment service providers
- Non-bank payment service providers
- Card schemes, ACH schemes
- RTP schemes
- RTGS schemes
- Other players
- Technology vendors
- Business and IT Consulting companies
- Strategy and Advisory Consulting companies
- Assessment Quiz
Value 67 €
150+ Quiz Q&As
Brush up your knowledge with quizzes at the end of each module
Full Course Evaluation
A 40-question evaluation tests your knowledge at the end of the course
Certification
Demonstrate your knowledge and expertise with a certificate from us
Below is the summary of the total value you will get :
| Module 1: Payments, Payment instruments and payment systems | 67 € |
| Module 2: Payment systems models | 67 € |
| Module 3: The Four Corner Model and participation to CSMs | 67 € |
| Module 4: Clearing and settlement Mechanisms | 67 € |
| Module 5: Push payments, Pull payments and related risks | 67 € |
| Module 6: Payments messages standards | 67 € |
| Module 7: Domestic and International payments | 97 € |
| Module 8: Payment processing value chain | 67 € |
| Module 9: Regulations and Risks in payments | 67 € |
| Module 10: Economic models in payments | 97 € |
| Module 11: Main key players in the payment industry | 67 € |
| Overall course assessment (40 questions) | 97 € |
| Total value | 894 € |
Build Your Career in Payments Industry in 11 Easy Modules
Start your journey with Payments Fundamentals, a course specially designed to equip payments industry beginners with all the knowledge and expertise they require to become payment systems specialists. For experts, Payments Fundamentals course fills gaps in their knowledge and brings them up to date on the latest developments, technologies, and best practices in the industry
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One Year Access
Enroll today and access all course materials and updates for a year. After that, you can keep the access for only 77 €.
Learn Anywhere, On Anything
Learn from any device – Windows, Mac, Android, or iOS. Learn at home, office, park, or while travelling
Truly Comprehensive
From foundational concepts to latest advancements in the payments industry, know everything
Get Certification
Get a course completion certification after passing the quizzes and taking post-completion evaluation
Gain Confidence
Acquire unparalleled expertise in payment systems and engage in richer discussions with peers, and customers
You Are Just 1 Step Away From Building a Successful
Career in the Payments Industry
Enroll to Payments Fundamentals Course Today
JOIN NOW
Build your payments skills on the rock with the payments fundamentals course. Get updated information and stay on the top.
- You choose when you take the course on any platform (Windows, Mac, Android, iOS).
- You can refer to the course again and again in the future and build your payments skills on strong foundations.
- You can understand any type of payment systems or payment instruments anywhere in the world.
- This training will boost your confidence in your payments skills and lay the foundation for a bright future in the payments industry.
