Payments eLearning
Merchant Payments 101 Course Overview
Merchant Payments 101 is a foundational course designed for anyone seeking a role in the merchant payments industry, or who has a stake in the acceptance of payments and is looking to brush up on their skills. It will take approximately 6-9 hours to complete, and is designed in 5 distinct sections to provide milestones along the way.
Course Registration
MAG account required to register for a course. If creating a new MAG account, allow a few minutes after account creation before attempting to begin the course.
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Course Overview
Module 1: History of Value
The overall U.S. payments ecosystem and how we arrived where we are today.
Objective: Describe how the history and progress of payments have influenced commerce today.
Average Length: 30 Minutes
Module 2: Overview of the Payments Ecosystem
The systems and participants in the payment ecosystem.
Objective: Identify and distinguish between the systems and participants in the payments ecosystem.
Average Length: 1-2 Hours
Module 3: The Customer Journey
The customer payment journey in both Brick & Mortar and eCommerce and how each transaction impacts both the customer and merchant experience.
Objective: Identify the components of a transaction lifecycle in the customer journey.
Average Length: 2-3 Hours
Module 4: Cost of Payments
The costs associated with merchant payments acceptance.
Objective: Demonstrate an understanding of how to manage the cost of payments.
Average Length: 30 Minutes
Module 5: Value of Analysis
The key performance metrics to demonstrate the cost of doing business and maximize the return for the merchant.
Objective: Demonstrate they can do foundational calculations and analysis of the cost of payments.
Average Length: 1-1.5 Hours
Executive Overview of Electronic Payments in the U.S.
An Executive Overview of Electronic Payments in the U.S., is designed primarily for senior leaders, providing a high-level overview of the electronic payments ecosystem in the U.S. It will take approximately 45 minutes to complete the four sections. After this course, learners will have a better understanding of the roles of ecosystem stakeholders, party models, payments instruments, technologies, security, compliance, and strategic considerations.
*If you have taken our full length MP101 course, there is no need to take this abbreviated executive course.
Course Registration
MAG account required to register for a course. If creating a new MAG account, allow a few minutes after account creation before attempting to begin the course.
Click to register for the course.
Resume course
Already registered? Click to resume the course. You can stop and save your progress at any time.
Course Overview
After this course, learners will have a better understanding of the roles of ecosystem stakeholders, party models, payments instruments, technologies, security, compliance, and strategic considerations.
- What is an electronic payment?
- Electronic Payment Instruments
- How are Electronic Payments accepted?
What are the types of Costs? - Security, Innovation, and Strategy
eLearning Course Pricing
*The MAG has an add-on Education Sponsorship available to existing sponsors (Tiers 2-4). We also offer bulk invoicing and bulk pricing discounts to support teams completing our eLearning courses. Bulk invoicing and pricing options are available when you elect to purchase multiple seats to the same eLearning course. Please contact Leah Collins for more information about how to get your entire team enrolled in the MAG’s eLearning courses.
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