Electronic Payments

The Middle Eastern Payments Framework and Landscape (P101-006)


Description

This comprehensive online course is tailored specifically for professionals in the Middle East seeking to deepen their understanding of electronic payments and thrive in the rapidly evolving digital finance ecosystem. Covering essential topics such as mobile payments, e-commerce trends, regulatory frameworks, and fintech innovations, this course equips participants with the knowledge and skills needed to excel in electronic payments.


Target Audience:

Professionals working in banking, retail, finance, and fintech sectors in the Middle East or those interested in the region.

Entrepreneurs and business owners seeking to expand their knowledge of electronic payments for their ventures.

Government officials and policymakers involved in shaping regulatory frameworks for digital finance.

Value Proposition:


Gain insights into the latest trends and developments in electronic payments, with a focus on the unique dynamics of the Middle East region. Featuring a deep dive into the UAE, Saudi Arabia, Egypt, Jordan, Bahrain and Qatar.


Acquire relevant knowledge for implementing electronic payment solutions, driving innovation, and addressing regulatory compliance challenges.


Network with industry experts and peers to exchange insights and best practices in digital finance.

Elevate your career prospects by staying ahead of the curve in one of the fastest-growing sectors in the Middle East.

Contact Us:: training@transactconnect.co.za Average Course Durat...: 72 Hours Time for Course Comp...: 30 Days

Content
  • Course Content
  • Welcome Letter
  • Content
  • Introduction Video
  • MODULE 1 - THE INTRODUCTION AND EVOLUTION OF MONEY
  • What is Money ?
  • The Evolution of Money
  • Evolution of Payments - A Detailed Timeline
  • The History of Payments - A Mockumentary
  • Summary Module 1
  • Assessment Module 1
  • Module 2 - THE NATIONAL PAYMENTS SYSTEM
  • Overview and Components
  • Role and Oversight
  • Access and Participation
  • National Payment Systems in the Middle East
  • Challenges Faced by Middle Eastern Payment Systems
  • Initiatives to Improve Middle Eastern National Payment Systems
  • UAE NPS Snapshot
  • Jordan NPS Snapshot
  • Saudi Arabia NPS Snapshot
  • Qatar NPS Snapshot
  • Bahrain NPS Snapshot
  • Egypt NPS Snapshot
  • Summary Module 2
  • Assessment Module 2
  • Module 3 - Payment System Networks
  • Understanding Payment System Networks
  • Third-Party Payment Providers (TPPPs)
  • Payment Processor, Switch & Gateway
  • How do Payment Gateways Work
  • Payments Systems Operators and Authorised Systems Operators
  • Clearing vs Settlement
  • UAE Payment System Networks
  • Jordan Payment System Networks
  • Saudi Arabia Payment System Networks
  • Bahrain Payment System Networks (clone)
  • Qatar Payment System Networks
  • Egypt Payment System Networks
  • Summary Module 3
  • Assessment Module 3
  • Module 4 - REGULATORY ASPECTS OF PAYMENTS
  • Introduction to the Payments Regulation in the Middle East
  • National Payment System Regulatory Framework
  • UAE Laws Governing Domestic Payments
  • Jordan Laws Governing Domestic Payments
  • Saudi Arabia Laws Governing Domestic Payments
  • Qatar Laws Governing Domestic Payments
  • Bahrain Laws Governing Domestic Payments
  • Egypt Laws Governing Domestic Payments
  • Summary Module 4
  • Assessment Module 4
  • Module 5 - Private and Public Sector Payment Bodies
  • Public and Private Sector Bodies
  • Public Sector Payment Bodies in the Middle East
  • Private Sector Payment Bodies
  • Central Banks
  • Real-Time Gross Settlement (RTGS)
  • Payment Clearing House (PCH/ACH)
  • Summary Module 5
  • Assessment Module 5
  • Module 6 - Payments in the Context of the Economy
  • Phases of Payments
  • Participant and Payment System Provider
  • Summary Module 6
  • Assessment Module 6
  • Module 7 - Method of Payments
  • Methods of Payments
  • Cash
  • Cheques
  • Debit Cards
  • Credit Cards
  • Prepaid Cards
  • Private Label Cards
  • Summary Module 7
  • Assessment Module 7
  • Module 8 - Issuing
  • Card Issuing
  • Global & Regional Card Schemes
  • Card Processing - Institutional Roles
  • Summary Module 8
  • Assessment Module 8
  • Module 9 - Acquiring
  • Introduction, Overview, Types and Process
  • Forms of Acquiring
  • Challenges, Opportunities & Innovations
  • Card Disputes, Chargebacks, and Refunds
  • Summary Module 9
  • Assessment Module 9
  • Module 10 - Payment Compliance & Security
  • Compliance & EMV
  • PCI-DSS
  • The Evolution of Secure Authentication
  • Tokenisation
  • Summary Module 10
  • Assessment Module 10
  • Module 11 - Payment Channels
  • Payment Channels - Mechanism
  • POS Evolution and Outlook
  • Payment Channels - ATMs
  • ATM Characteristics & Key Trends
  • How ATMs work
  • Summary Module 11
  • Assessment Module 11
  • Module 12 - Fees, Costs and Charges
  • Fees, Costs & Charges
  • Interchange Fees
  • Party Payment Models
  • Summary Module 12
  • Assessment Module 12
  • Module 13 - Emerging Payments
  • Fintech (R)Evolution
  • Remittance Payments
  • Push Payments
  • An Example of Digitised Remittances
  • Mobile Payments
  • Mobile Money
  • eWallets
  • Mobile Payments Replacing Cash
  • Buy Now, Pay Later
  • e-Commerce Types & Examples
  • e-Commerce Framework & Opportunities
  • Understanding Online Payments
  • Digital vs Neobanks
  • Open Banking vs Open Finance vs Embedded Finance
  • AI in Payments
  • Enabling the New Payments Ecosystems
  • Global Trends Shaping Payments
  • Summary Module 13
  • Assessment Module 13
  • Module 14 - Digital Money
  • Blockchain
  • Block Chain and Payment Systems
  • Digital Currencies
  • Virtual Currencies
  • Crypto Currencies
  • Bitcoin vs Banks
  • Central Bank Digital Currencies
  • Virtual vs Digital vs Crypto vs CBDC Currencies
  • Summary Module 14
  • Assessment Module 14
  • Course Evaluation & Reference List
  • Course Evaluation
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever