Electronic Payments

The South African Payments Framework and Landscape (P101-001)


Description

This comprehensive online course is designed for professionals seeking to expand their expertise in South Africa's dynamic digital and electronic payments ecosystem. Participants will explore key topics such as mobile payments, e-commerce trends, regulatory frameworks, and fintech innovations, preparing them to succeed in the rapidly evolving digital finance landscape. This course provides the essential knowledge and practical skills needed to navigate and excel in the digital payments industry.


Target Audience:

Professionals working in banking, retail, finance, and fintech sectors in the Middle East.

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 digital and electronic payments, with a focus on the unique dynamics of the South Africa.


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 region.

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
  • Challenges and Initiatives
  • 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
  • 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
  • Summary Module 4
  • Assessment Module 4
  • Module 5 - Public and Private Sector Payment Bodies
  • Introduction, Overview and Roles
  • The South African Reserve Bank
  • SAMOS
  • Intergovernmental Fintech Working Group
  • Payment Clearing House
  • BankservAfrica
  • Payments Association of South Africa
  • Payment Industry Body
  • 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
  • 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, Trends and Outlook
  • Payment Channels - ATMs
  • 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