
Understand how a single card works worldwide—from swipe at a POS to the back end—under ISO/IEC 7810:2003, which standardizes universal card size, thickness, and safety materials.
Explore types of cards—from debit and credit to prepaid, charge, ATM, stored value, and virtual cards—and their features and benefits, including convenience, security, loyalty points, and expense control.
Learn how the PCI DSS framework secures digital payments by enforcing six goals and twelve requirements, protecting cardholder data during storage, transmission, and processing with encryption and access controls.
Explore the design and security of magnetic stripe and EMV chips in payment cards, detailing tracks, data structures, chip cryptograms, counterfeit risks, and NFC contactless and offline capabilities.
Explore card schemes and how open and closed networks switch payments between issuer and acquirer, including card-present and card-not-present transactions, with Visa, MasterCard, and RuPay as examples.
Explore the three factors of authentication—something you know, something you have, and someone you are—and how two-factor authentication secures digital payments with cards and biometrics.
Understand merchant discount rate and merchant category codes, how MDR is distributed among PSPs, acquirers, schemes, and issuers, and how MCCs categorize merchants and enable restrictions and rewards.
Understand the back end of card payments by detailing processing, clearing, and settlement, from transaction authentication and authorization through scheme routing to net settlement between issuer and acquirer banks.
Explore how disputes, chargebacks, and refunds work in card payments, including friendly fraud, and how issuers, acquirers, and merchants earn revenue and profitability.
Identify how payment exceptions, including unknown status, arise in digital payments, their impact on refunds, chargebacks, and how proactive communication among billers, banks, and processors reduces costs.
Learn how point-of-sale terminals register sales and accept payments across pstn, wifi, and sim networks. Explore modern pos features like nfc, qr, emv, upi, emi, and otp pull payments.
#Bestselling Course in Payment Processing.
Learn FinTech: Master Card and POS Business.
Welcome to the gateway of Financial Technology, where digital payments revolutionise how we transact. In this course, we learn the secrets of Card and POS operations, demystify authentication factors, dive deep into PCI DSS, MDR, MCC, and Card Schemes, and explore payment processing.
In FinTech, Digital Banking, Digital Finance, and Financial Technology, we equip you with the knowledge to thrive in a cashless economy.
But that's not all - we go beyond the surface. Get insights into the Card and PoS machine business, as well as the hidden avenues of profit for payment companies and card schemes. You'll understand what drives this innovative industry.
Dive into our comprehensive curriculum before registering for this course.
Discover Payment Exceptions and More!
Whether you're a digital payment or FinTech professional, a newcomer, or someone eyeing entry into this dynamic domain, our course will unveil the complex architecture of electronic payment systems - all without diving into technical integrations, programming, or the complexities of bank account entries.
Join us today to gain expertise in Card and POS machines, authentication, PCI DSS, MDR, MCC, Card Schemes, processing, clearing, settlement, and the fascinating world of payment processing.
At Global FinTech Academy, our commitment is to deliver top-notch, 5-star training to our students and clients.