by Kavitha Gunasekaran

Professional Experience: 
15+ years
Domain Expertise: 
Card Issuing & Acquiring. Providing technical solution consultancy to  merchants & payment service providers in building online, mobile and in-store payment solutions.  
Lessons 16 Duration 1h 24m

Fundamentals of Digital Payments

Acceleration away from cash to digital payments is the key trend seen across the world with government, regulators and Fintech industry actively taking part in defining how customer shop and pay in-store, online or mobile channels. The ecosystem is shifting from service providers to consumers who are seeking convenience, choice & relevance when it comes to payment. This knowledge booster will cover -

  • History of Payments

  • Payments Value Chain - Key stakeholders, their role & responsibilities

  • Transaction Life Cycle - Closed loop (3 party) & Open loop (4 party) scheme model, Transaction flows - Authorisation, Clearing & Settlement

  • Business model & example of funds flow between value chain

  • Payment Channels

  • Type of Cards & Payments methods

  • Key trends in digital payments

What other learners are saying about this course?

5 star rating

Excellent - Just like attending to knowledge sharing in t...

Mohit Grover

Instructor covered the key topics & very easy to understand. Thanks.

Instructor covered the key topics & very easy to understand. Thanks.

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5 star rating

Fundamentals of Digital Payments

Andrew Chin

Excellent coverage and information provided. Looking forward to subscribe to the next course

Excellent coverage and information provided. Looking forward to subscribe to the next course

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Learn more about digital payments