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Introduction to Payment Processing

Introduction to Payment Processing

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  • Objective
    • Provide basic information on how the different payment networks operate and how financial institutions and merchants use these networks
  • Curriculum
    • Terms definitions
    • Payment Networks Overview
      • ACH/batch oriented networks
      • Card based networks
  • Transaction flows
  • Exception handling
  • Level/Audience
    • Novice – individuals that have not had prior payments experience
  • Medium
    • Class or Computer Based Training (upcoming)
      2-4 hours to complete
  • Recommended Pre-requisite – None
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