The Payments Association Payments 101 Training Course

Cover the fundamentals of our fast-paced payments sector in just 2 days...

Are you new to the payments industry? Or perhaps you need a refresher on all payments to reinforce your understanding of the market? Are your clients in the payments industry? If so, Payments 101 is for you!

Why Payments 101?

This is your one stop shop. You will leave with a full understanding of the fundamentals of our complex payments ecosystem – a must if you are to talk the talk internally and externally.
This course is CPD accredited. You will receive 6 CPD points having attended the course. To receive full accreditation for the course, you must attend the full course.
Pre-requisite: none.
We think practical. Balance training and your workload is tough. This two-day training course is run online and asks for your commitment between 10:00-16:00 on each day, meaning you can check in with your team before and after on each day.
We are the most competitively priced in the market: As an association who is committed to serving our members and wider community, we have ensured that our pricing is the most competitive in the industry ensuring this business-critical knowledge is accessible to all businesses regardless of size & budgets.

Course Content

Day 1:

Morning: Card Payments Mechanics

Card payments Overview
Authorisation, Clearing & Settlement
Exception processing
What’s in a card transaction?
What’s in a card?
Card payments authentication
PCI DSS

Afternoon: Card Payments Economics

Costs, Value Chain
Merchant Models & Contract Types
Card payment channels
Charges & fees
Scheme membership

Day 2:

Morning: Non-Card Payments

Bank payments fundamentals
UK bank payments schemes
Bank payments economics
Real-time payments risks
Real-time payments drivers & challenges
Open Banking & PSD2
Alternative payments

Afternoon: Future Outlook and Regulations Snapshot

Centralised vs decentralised ledgers
Future outlook (Trends, Big Tech, metaverse, etc.)
Licences (SPI, PI, SEMI, EMI, AISP, PISP)
Important regulations
Wrap-up

Testimonials

“This is one of the most interesting courses I have ever taken. Сlear and well-structured presentation of information. I would like to express my special gratitude to lecturer Neira Jones for her professionalism and dedication.”

Valentina Punger, Member of the Supervisory Board, Wallester

“Without a doubt, a course not to be missed if you work in the payments industry. Being new to the industry, this course really helped me understand the basics and how payments work: from the players to the regulations.”

Mona Degrève, The Payments Association EU

This two-day online training course covers the fundamentals of the card payments ecosystems.

The course takes place between 10am – 4pm each day.

The first day covers the mechanics of card payments, introducing ecosystem actors and mechanisms (e.g. authorisation, clearing and settlement), as well as the structure of cards and transactions. It will also give a worldwide overview of the markets and trends in different sectors and geographies, with a good sprinkling of PSD2 to put regulations in context.

The second day will cover the fundamentals of card payment economics, the various channels and introduces concepts such as MSC and interchange, as well as explaining the value distribution across all ecosystem actors.

Course trainer: Neira Jones, FBCS, MsC

Neira advises organisations of all sizes on payments, fintech, regtech, cybercrime, information security, regulations (e.g. PSD2, GDPR, AML) and digital innovation. More than 20 years in financial services and technology made her believe in change through innovation & partnerships. She always strives to demystify the hype surrounding current issues and also enjoys her work as an expert witness. She likes engaging on social media and regularly addresses global audiences as a keynote speaker or chair-person.

This course is CPD accredited. Attendees will receive 6 CPD points having attended the course. In order to receive full accreditation for the course, you must attend the full course. Please contact Orlanna Morris at [email protected] to receive your certificate at the end of the course.