Fintech course on Digital Payment (Card and POS) from Udemy

This course is about understanding everything of the Card and POS business in FinTech, Financial Technology, digital payment.

This course explains the Card and POS machines, factors of authentication Payment Processing

FinTech Digital Banking, Digital Finance, Financial Technology.

The course will give students a deep understanding of the card and PoS machine business, and detail on how does payment companies and card schemes earn money.

Please go through the curriculum and description before purchasing the course.

Cashlite economy, Cashless economy.

Thanks

Updated - Payment Exceptions..

This course answers all the above questions and many more. So if you are working in the digital payment or fintech domain or are new or planning to enter the domain, it will help you to understand the back end architecture of the electronic payment collection system. This course is the same as in Global Fintech Academy. It just has lesser text and more videos and images.

"NO Technical Integration, Programming and Bank Account entries discussed in the course"

This course explains the Card and POS machines, factors of authentication Payment Processing

FinTech Digital Banking, Digital Finance, Financial Technology.

The course will give students a deep understanding of the card and PoS machine business, and detail on how does payment company and card schemes earn money.

Look forward to meeting you in the course.

"Our aim is to deliver good quality and 5 Star training to our students and clients".

Global Fintech Academia

What's inside

Syllabus

Course Introduction

Basics of card

Basics of card - One size fits all

Types of card and benefits

Traffic lights

Read about what's good

what should give you pause

and possible dealbreakers

Explores the back-end architecture of electronic payment collection systems, which is valuable for those seeking a comprehensive understanding of the industry

Details how payment companies and card schemes generate revenue, offering insights into the financial aspects of the card and POS business

Covers MDR and MCC, which are essential concepts for understanding merchant service fees and categorizing business types in payment processing

Examines disputes, chargebacks, refunds, and profitability, which are critical components of risk management and financial performance in the payments industry

Does not cover technical integration, programming, or bank account entries, which may limit its usefulness for those seeking hands-on technical skills

Includes PCI DSS goals and requirements, which are essential for understanding data security standards within the payment card industry

Reviews summary

Fintech digital payment business overview

According to learners, this course provides a solid foundation and a clear overview of the Fintech digital payment space, specifically focusing on the Card and POS business. Students particularly appreciate the focus on the business model and how payment companies operate, finding it very clear and easy to understand, especially for those new to the domain. Key concepts like MDR, MCC, disputes, and chargebacks are explained effectively. Learners note that the course accurately delivers on its promise of being non-technical. However, some reviews indicate that the content may be too basic for experienced professionals seeking deeper insights.

Complex topics explained simply.

"The content is clear, concise and easy to understand..."

"Excellent course that breaks down the complexities of card and POS payments into easy-to-digest modules."

"The instructor's explanation of backend processes and fund settlement was very clear."

"I found the sections on MDR, MCC, and chargebacks particularly useful."

Explains the business side effectively.

"The course does a good job of explaining the ecosystem and revenue streams."

"It delivers exactly what it promises - a deep understanding of the business side. No technical jargon overwhelming the business concepts."

"The explanation of the business model was insightful."

"Useful course for getting an overview of the payment card ecosystem. The business model explanations were a highlight."

Excellent starting point for newcomers.

"A very good overview of the digital payments space with focus on Cards and POS. It covers the entire value chain..."

"Highly recommended for anyone looking for a solid foundation in the FinTech payment space."

"Perfect course for grasping the fundamentals of the card and POS business... Highly recommend for newcomers to FinTech payments."

"I found this course beneficial as a beginner to the digital payments landscape."

May be too basic for industry veterans.

"While it's good for beginners, experienced professionals might find it a bit basic."

"Found this course very basic. If you already work in the payments industry, you will likely not learn anything new."

"The content is presented clearly, but it's strictly entry-level. Was expecting more depth."

"It's a decent introduction, but don't expect to become an expert."

Activities

Be better prepared before your course. Deepen your understanding during and after it. Supplement your coursework and achieve mastery of the topics covered in Fintech course on Digital Payment (Card and POS) with these activities:

Review Payment Processing Fundamentals

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Solidify your understanding of payment processing basics to better grasp the complexities of card and POS systems.

Browse courses on Payment Processing

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Review basic payment processing flows.
Identify key players in the payment ecosystem.
Define common payment terms and acronyms.

Read 'Payments Systems in the U.S.'

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Gain a broader understanding of the payment ecosystem to contextualize card and POS systems.

View Payments Systems in the U.S.: A Guide for the... on Amazon

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Read assigned chapters focusing on card payments and POS systems.
Take notes on key concepts and industry trends.
Relate the book's content to the course material.

Practice Identifying MDR and MCC Codes

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Reinforce your knowledge of MDR and MCC codes through repetitive exercises.

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Find a list of MDR and MCC codes.
Practice identifying the correct codes for different scenarios.
Test your knowledge with online quizzes.

Four other activities

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Show all seven activities

Develop a Flowchart of a Card Transaction

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Visualize the steps involved in a card transaction to reinforce your understanding of the backend process.

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Outline the key steps in a card transaction.
Create a flowchart illustrating the process.
Review the flowchart for accuracy and completeness.

Create a Presentation on Payment Authentication Methods

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Deepen your understanding of authentication methods by researching and presenting on different techniques used in card and POS transactions.

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Research various payment authentication methods.
Prepare a presentation outlining the methods.
Present the findings to peers for feedback.

Analyze a POS System's Business Model

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Apply your knowledge by dissecting the business model of a specific POS system, identifying revenue streams and cost factors.

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Select a POS system to analyze.
Research the system's features and pricing.
Identify revenue streams and cost factors.
Create a report summarizing the findings.

Read 'The Future of Money'

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Explore the future trends in digital payments and fintech to gain a broader perspective.

View Melania on Amazon

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Read selected chapters on digital currencies and fintech.
Reflect on the implications for card and POS systems.
Discuss the book's insights with peers.

Career center

Learners who complete Fintech course on Digital Payment (Card and POS) will develop knowledge and skills that may be useful to these careers:

Payment Operations Manager

Payment Operations Managers oversee the day-to-day operations of payment processing systems. For someone looking to enter or advance in this role, this course may be useful. The "Fintech course on Digital Payment (Card and POS)" helps build a foundation in card and PoS machine technologies, which is critical for overseeing payment operations. The course explains the back end processes of PoS machines. This also includes fund settlement, payment channels, and payment types. Payment Operations Manager, this course may give you the extra edge required to succeed.

See salaries and explore the career path for Payment Operations Manager

FinTech Consultant

Fintech Consultants advise companies on how to integrate and optimize digital payment solutions. To become a more competitive candidate, this course may be essential. The "Fintech course on Digital Payment (Card and POS)" explains various aspects of payment systems, including card schemes, authentication methods, PoS technology, payment exceptions, and interoperability. A Fintech Consultant may use the context to recommend improvements and cost savings to clients. This course is particularly well-suited for this role.

See salaries and explore the career path for FinTech Consultant

Merchant Acquirer

Merchant Acquirers facilitate the acceptance of electronic payments by merchants, offering them services like PoS terminals and payment processing. They obtain merchants and provide them with assistance. Enrolling in the "Fintech course on Digital Payment (Card and POS)" may be helpful in better understanding the business. The course details the types of PoS, types of transactions, and the onboarding process. These are central concerns to Merchant Acquirers. As a Merchant Acquirer, taking this course may help provide a more competitive edge.

See salaries and explore the career path for Merchant Acquirer

Risk Manager

Risk Managers identify, assess, and mitigate risks associated with digital payment systems. To be more successful in this role, this course may be essential. The "Fintech course on Digital Payment (Card and POS)" may be helpful in understanding the types of risk involved. The course's coverage of fund settlement between parties and associated risks prepares one for risk oversight. Moreover, the details on disputes, chargebacks, and payment exception handling is helpful for managing risk. Risk Manager should take note of this.

See salaries and explore the career path for Risk Manager

Digital Banking Officer

Digital Banking Officers manage and promote digital banking services, including payment solutions. This course may be helpful in understanding those solutions. The "Fintech course on Digital Payment (Card and POS)" provides a foundational knowledge in card and PoS systems, which banks use. The course also includes payment channels and types, which can also be helpful for the role of a Digital Banking Officer. If you are looking to make the move into digital banking, this course may provide the lift required.

See salaries and explore the career path for Digital Banking Officer

Fraud Analyst

Fraud Analysts work to detect and prevent fraudulent transactions, particularly in card and digital payment systems. This course on digital payments may be valuable to a fraud analyst. The course content regarding card schemes, types of transactions, factors of authentication, disputes, chargebacks, and payment exception handling can directly contribute to a more informed approach to fraud detection. The course's focus on the back end architecture of electronic payment collection systems may enable a Fraud Analyst to identify vulnerabilities and patterns indicative of fraudulent activity.

See salaries and explore the career path for Fraud Analyst

Digital Wallet Specialist

Digital Wallet Specialists focus on the development, implementation, and support of digital wallet solutions. This course may be helpful in building foundational knowledge in card and PoS systems which may be involved in digital wallets. The "Fintech course on Digital Payment (Card and POS)" explains payment processing and security protocols. This includes authentication. It also explains interoperability in payments. Digital Wallet Specialist, this course may help you to provide better insights.

See salaries and explore the career path for Digital Wallet Specialist

Customer Support Specialist

Customer Support Specialists provide assistance to customers using digital payment systems. This course may be helpful in this role. The "Fintech course on Digital Payment (Card and POS)" explains the various types of transactions and onboarding to help the support staff. The course's coverage of disputes, chargebacks, refunds, and grievance redressal is directly relevant to addressing customer issues. Customer Support Specialist can become more helpful to customers if they take this course.

See salaries and explore the career path for Customer Support Specialist

Payment Gateway Integrator

Payment Gateway Integrators specialize in integrating payment gateways into e-commerce platforms and other systems. This course may be helpful in building an understanding of the types of payment gateways and their operations. The "Fintech course on Digital Payment (Card and POS)" explains the back end processes of payment systems and the types of transactions processed. Payment Gateway Integrator will be more effective if they are prepared to handle the challenges of the job through this course.

See salaries and explore the career path for Payment Gateway Integrator

Compliance Officer

Compliance Officers ensure that digital payment systems adhere to relevant regulations and security standards. Specifically, they are concerned with compliance relating to card and point of sale procedures. The "Fintech course on Digital Payment (Card and POS)" may be helpful in better understanding the regulatory landscape. The course's discussion of PCI DSS goals and requirements is directly relevant to compliance. A Compliance Officer can learn about card scheme rules, authentication protocols, and dispute resolution processes, all of which help improve practices. For a Compliance Officer, this course may improve ability to guarantee that payment operations align with best practices.

See salaries and explore the career path for Compliance Officer

Payment Solutions Architect

A Payment Solutions Architect designs and implements payment systems for organizations. This role requires a deep understanding of card and point of sale systems which this course provides. The "Fintech course on Digital Payment (Card and POS)" helps build a strong foundation in the fundamentals of card transactions and point of sale machines, which are critical components of payment architecture. It also explains factors of authentication, payment processing, and how companies earn money. The course covers back-end processes relevant to designing effective and secure solutions. To be a successful payment solutions architect, this course may be useful.

See salaries and explore the career path for Payment Solutions Architect

Point of Sale Technician

Point of Sale Technicians install, maintain, and repair point of sale systems. This course may be useful in building a foundation in PoS technologies. The "Fintech course on Digital Payment (Card and POS)" explains the types of PoS and their business models. This includes the back end processes as well. Point of Sale Technician can improve their ability to diagnose and resolve technical issues. They may also be able to suggest improvements to the system, after taking this course.

See salaries and explore the career path for Point of Sale Technician

Business Development Manager

Business Development Managers identify and pursue new business opportunities in the digital payments sector. If that is this professional's goal, then this course may be useful. The "Fintech course on Digital Payment (Card and POS)" helps build a foundation in card and PoS machine technologies, which is critical for understanding the market landscape. The course's explanation of payment channels, types of payments, and business models associated with PoS machines can equip them with the knowledge needed to identify potential partnerships, target new customer segments, and develop innovative service offerings. Business Development Manager should take note of this.

See salaries and explore the career path for Business Development Manager

Financial Analyst

Financial Analysts evaluate the financial performance of companies involved in digital payments. This course may be useful in this role since it provides relevant context. The "Fintech course on Digital Payment (Card and POS)" explains how payment companies and card schemes generate revenue, which is crucial for assessing their financial health. The course's coverage of MDR and MCC, as well as the costs associated with cash transactions, provides a framework for analyzing profitability and cost structures within the industry. A Financial Analyst may be better equipped to provide insights to business leaders after taking this course.

See salaries and explore the career path for Financial Analyst

Product Manager

Product Managers define the strategy, roadmap, and feature set for payment products, and this course helps contextualize that role. "Fintech course on Digital Payment (Card and POS)" may be helpful in better understanding the technical underpinnings of card and PoS systems. It also explains the various types of transactions, authentication methods, and associated risks. A Product Manager responsible for a payment platform or service can leverage this knowledge to make informed decisions about new features, security enhancements, and overall product strategy. The course's exploration of interoperability in payments may be useful for long term product planning.

See salaries and explore the career path for Product Manager

Reading list

We've selected two books that we think will supplement your learning. Use these to develop background knowledge, enrich your coursework, and gain a deeper understanding of the topics covered in Fintech course on Digital Payment (Card and POS).

Payments Systems in the U.S.

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Provides a comprehensive overview of the U.S. payment landscape, covering various payment methods, infrastructure, and regulatory aspects. It valuable resource for understanding the intricacies of payment systems and their evolution. This book is commonly used as a textbook at academic institutions. It adds depth to the course by providing a broader context for card and POS systems within the larger payment ecosystem.

Payments Systems in the U.S.: A Guide for the...

Paperback

$$$

Payments Systems in the U.S. - Third Edition: A...

Kindle Edition

Fintech course on Digital Payment (Card and POS)

What's inside

Syllabus

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Reviews summary

Fintech digital payment business overview

Activities

Career center

Reading list

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