Payments Domain Training

• Payments Domain Course Overview

• Payment and Settlement Systems
• Classification of Payment Transactions
• Payment Systems - Key Elements

Creating Cross-Tabulated Reports using:

• Domestic Payments
• Cross Border Payments

• Paper Based Payments
• RTGS or High Value Payments Systems
• Batch Payments
• Real Time Payments(RTP)

• Introduction to SWIFT and SWIFT Messages
• SWIFT Example

• Basics of a Payments Card
• Types, Models and Life cycles
• Settlement, Fees and NFC
• Charge Back

• Payment Messages - ISO and others

• Payment Systems - Risks and Frauds

myCommerce – 3RI Transactions
myComemrce is an ecommerce company. The sales team has requested us to enhance our platform to support “no card holder payments or ‘3RI (3DS Requester Initiated) transactions’. In general, 3RI transactions are transactions initiated by the merchant where the cardholder is not present, for a recurring payment. In our scope of services, this is applicable for “Subscribe n Save” transactions.As a first phase, we need to first understand the various use cases related to this requirement from a payment triggering perspective.

Project Objectives: Business Analyst is expected to study the above requirement and provide a use-case document listing out the possible use-cases for the system triggered subscription payment process.

• Introduction to SWIFT and SWIFT Messages
• SWIFT Example