FTA 3810:Payments Processing

3 Class Hours 0 Laboratory Hours 3 Credit Hours
This course focuses on the payment process ecosystem, lifecycle, regulation, security, fraud protection, and payment networks. The student will learn about products and services of the payments, fraud and risk reduction strategies, roles and responsibilities of issuers, acquirers, merchants and banks, and strategies for maximizing payment usage while minimizing loss. The student will also learn about payments negotiations, risk management, customer relationships, principles of authorization, settlement, chargeback, and procedures, strategies, and best practices.

This course may be cross-leveled with FIS 6810