Payments → 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 South Africa.

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
  • Use of Multimedia
  • Module 1 - The Introduction and Evolution of Money
  • Module Learning Objectives
  • Module Key Terms Used
  • 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
  • Module Learning Objectives
  • Module Key Terms Used
  • Overview and Components
  • Role and Oversight
  • Access and Participation
  • Challenges and Initiatives
  • Summary Module 2
  • Assessment Module 2
  • Module 3 - Payment System Networks
  • Module Learning Objectives
  • Module Key Terms Used
  • Understanding Payment System Networks
  • Payment Messaging Standards
  • 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 - The Regulatory Aspects of Payments
  • Module Learning Objectives
  • Module Key Terms Used
  • Introduction to the Payments Regulation in South Africa
  • National Payment System Regulatory Framework
  • Summary Module 4
  • Assessment Module 4
  • Module 5 - Public and Private Sector Payment Bodies
  • Module Learning Objectives
  • Module Key Terms Used
  • Introduction, Overview and Roles
  • The South African Reserve Bank
  • SAMOS
  • Intergovernmental Fintech Working Group
  • Payment Clearing House
  • PayInc
  • Layers of the National Payment System: From Transaction to Final Settlement
  • Payments Association of South Africa
  • Payment Industry Body
  • Summary Module 5
  • Assessment Module 5
  • Module 6 - Payments in the Context of the Economy
  • Module Learning Objectives
  • Module Key Terms Used
  • Phases of Payments
  • Participant and Payment System Provider
  • Summary Module 6
  • Assessment Module 6
  • Module 7 - Method of Payments
  • Module Learning Objectives
  • Module Key Terms Used
  • Overview
  • Cash
  • Debit Cards
  • Credit Cards
  • Prepaid Cards
  • Private Label Cards
  • Summary Module 7
  • Assessment Module 7
  • Module 8 - Issuing
  • Module Learning Objectives
  • Module Key Terms Used
  • Card Issuing
  • Global & Regional Card Schemes
  • Card Processing - Institutional Roles
  • Summary Module 8
  • Assessment Module 8
  • Module 9 - Acquiring
  • Module Learning Objectives
  • Module Key Terms Used
  • Introduction, Overview, Types and Process
  • Forms of Acquiring
  • Card Not Not Present Transactions
  • Challenges, Opportunities & Innovations
  • Card Disputes, Chargebacks, and Refunds
  • Summary Module 9
  • Assessment Module 9
  • Module 10 - Payment APIs
  • Module Learning Objectives
  • Module Key Terms Used
  • Introduction to APIs
  • Payments API's
  • API Integration and Testing
  • Summary Module 10
  • Assessment Module 10
  • Module 11 - Payment Compliance & Security
  • Module Learning Objectives
  • Module Key Terms Used
  • Compliance & EMV
  • PCI-DSS
  • The Evolution of Secure Authentication
  • 3D Secure
  • Tokenisation
  • Cloud Token Framework
  • Summary Module 11
  • Assessment Module 11
  • Module 12 - Payment Channels
  • Module Learning Objectives
  • Module Key Terms Used
  • Payment Channels - Mechanism
  • POS Evolution, Trends and Outlook
  • SoftPOS
  • Payment Channels - ATMs
  • How ATMs work
  • Summary Module 12
  • Assessment Module 12
  • Module 13 - Fees, Costs and Charges
  • Module Learning Objectives
  • Module Key Terms Used
  • Fees, Costs & Charges
  • Interchange Fees
  • Party Payment Models
  • Pricing Structures
  • Summary Module 13
  • Assessment Module 13
  • Module 14 - Emerging Payments 21d
  • Module Learning Objectives
  • Module Key Terms Used
  • 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 14
  • Assessment Module 14
  • Module 15 - Digital Money 42d
  • Module Learning Objectives
  • Module Key Terms Used
  • Blockchain
  • Block Chain and Payment Systems
  • Digital Currencies
  • Virtual Currencies
  • Crypto Currencies
  • Bitcoin vs Banks
  • Central Bank Digital Currencies (CBDC)
  • Stablecoins
  • Virtual vs Digital vs Crypto vs CBDC Currencies
  • Summary Module 15
  • Assessment Module 15
  • Course Evaluation & Reference List 63d
  • Course Evaluation
Completion rules
  • All units must be completed
  • Leads to a certificate with a duration: Forever