Electronic Payments

South African Payments Framework and Landscape (P001)


Description
Understand Electronic Payment Products: Prepaid, Debit, Credit, Loyalty, BNPL, Open & Closed Loop and Co-Branded systems, Mobile Money, Mobile Payments, E Money, e/mCommerce, Bitcoin, Blockchain, NFTS's, AI & Payments, Virtual Malls, Metaverse & Payments, Open Banking and others.

Understand how these work with various Payment Channels: ATM’s, the various types of Point of Sale (POS), Mobile Devices and other Digital channels

Understanding Compliance: Interchange, EMV, PCI and other compliance standards.

Understanding Regulatory and Other Bodies: SARB, PASA, International Card Schemes, Bankserv, Interchange, SAMOS, SWIFT, NPS, Switching, Clearing and Settlements etc.

Content
  • Course Content
  • Introduction Video
  • Introduction (PDF)
  • Content Modules
  • MODULE 1 - THE INTRODUCTION AND OBJECTIVES OF PAYMENTS
  • What is Payments and Money ?
  • Monies and Types - An Introduction
  • Detailed Evolution of Payments
  • The History of Payments - Mockumentary
  • Summary Module 1 - The Introduction and Objectives of Payments
  • Assessment - Module 1 - The Introduction and Objectives of Payments
  • Module 2 - REGULATORY ASPECTS OF PAYMENTS
  • Introduction to the South African Payments Regulation
  • The Laws Governing Payments
  • The NPS Regulatory Framework
  • Summary Module 2 - The Regulatory Aspects of Payments
  • Assessment - Module 2- Payments Regulatory Aspects
  • Module 3 - Private and Public Sector Payment Bodies
  • Private and Public Sector Bodies
  • Payment Participants Structures
  • South African Reserve Bank (SARB)
  • REAL-TIME GROSS SETTLEMENT (RTGS)
  • SARB Overview
  • SARB Vision 2025 - Objective
  • SARB Vision 2025
  • Introducing the Intergovernmental Fintech Working Group (IFWG)
  • The Payments Association of South Africa (PASA)
  • PASA Overview
  • Inside PASA - An Overview (1h18min Video)
  • The Changing face of PASA
  • PASA Membership
  • Payments Industry Body (PIB) - A replacement for PASA
  • BankservAfrica an Introduction
  • BankservAfrica as a PCH
  • Transactions Cleared on an Immediate Basis (TCIB)
  • Summary Module 3 - Private and Public Sector Bodies
  • Assessment - Module 3 - Private and Public Sector Bodies
  • Module 4 - Payments in the Context of the Economy
  • Payments in Context of Economy
  • Participant and Payment System Provider
  • Summary Module 4 - Payments in the Context of the Economy
  • Assessment - Module 4 - Payments in Context of the Economy
  • Module 5 - THE NATIONAL PAYMENTS SYSTEM
  • The National Payments System Role, Oversight and Access
  • Participation in NPS
  • Participants in the National Payment System
  • NPS - SADC Payments
  • Summary Module 5 - The National Payment System
  • Assessment - Module 5 - National Payment System
  • Module 6 - Payment System Networks
  • Payment System Network
  • Clearing vs Settlement
  • Payment System Operators
  • Payment Gateways
  • Global Payments
  • Summary Module 6
  • Assessment - Module 6 - Payment System Networks
  • Module 7 - Method of Payments
  • Method of Payments
  • Debit Orders
  • Debit Orders
  • DebiCheck
  • Other Payment Instruments
  • Delivery vs Payment System (DVP)
  • Summary Module 7 - Method of Payments
  • Assessment - Module 7 - Method of Payments
  • Module 8 - Issuing
  • Issuing - Card Payments
  • Card Issuing - Global Payment Schemes
  • Credit Card Processing - Institutional Roles
  • Summary Module 8 - Issuing
  • Assessment - Module 8 - Issuing
  • Module 9 - Merchant Acquiring
  • Card / Merchant Acquiring
  • Merchant Acquiring
  • Payments and the Business of Merchant Acquiring
  • Chargebacks and Refunds
  • How Electronic Payments Work.mp4
  • Summary Module 9 - Merchant Acquiring
  • Assessment - Module 9 - Merchant Acquiring
  • Module 10 - Payment Compliance & Security
  • Compliance -Issuing
  • How EMV CHIP Cards are Made
  • Compliance - Card Acquiring
  • Objectives of PCI Compliance
  • The Evolution of Secure Authentication
  • What is PCI-DSS
  • Security: Tokenisation
  • Summary Module 10 - Payments Compliance
  • Assessment - Module 10 - Payments Compliance & Security
  • Module 11 - Payment Channels
  • Payment Channel - EFT POS
  • POS Evolution
  • Payment Channel - ATMs
  • How ATMs work
  • ATM Characteristics
  • Payment Channel - Merchant Replenish ATMs
  • Summary Module 11 - Payment Channels
  • Assessment - Module 11- Payment Channels
  • Module 12 - Fees, Costs and Charges
  • Fees, Cost and Charges - An Introduction
  • 3 Party Model
  • 4 Party Model
  • All Party Payment Models
  • Interchange
  • Summary Module 12 - Fees, Costs and Charges
  • Assessment - Module 12 - Fees, Costs & Charges
  • Module 13 - Emerging Payments
  • Fintech (R)Evolution
  • Digital Payments Evolution
  • Remittance Payments
  • Digitised Remittances
  • Push Payments
  • Mobile Payments
  • Mobile Money
  • eWallets
  • Mobile Payments Replacing Cash
  • Introducing PayShap
  • PayShap and the Difference with Other Payment Products
  • SnapScan
  • Apple Pay vs. Samsung Pay vs. Google Pay - Which is best?
  • Buy Now, Pay Later (BNPL)
  • eCommerce
  • Understanding Online Payments
  • eCommerce Strategies & Challenges
  • Trusted Payment Brands
  • Digital Banks
  • Payment Processors
  • Open Banking
  • Virtual Currencies
  • Digital Currency vs Cryptocurrency
  • Bitcoin vs Banking System
  • Block Chain and Payment Systems
  • Evolution of Blockchain
  • SA Governmental CBDC Virtual Payment Systems
  • Enabling the New Payments Ecosystems
  • South African Fintech Company Profile
  • Global Trends Shaping Payments
  • Summary Module 13 - Emerging Payments
  • Assessment - Module 13 - Emerging Payments
  • Course Evaluation & Reference List
  • Course Evaluation
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever