Introduction to Electronic Processing
Also known as a “Day in the Life of a Transaction,” this is the first and most basic course within the College of General Studies. The course provides an industry history and statistical outline with a focus on industry specific definitions and the roles and responsibilities of the various players. Finally, the class follows a “day in the life of a transaction” and examines in detail the seven stages of processing. This course provides a strong foundation and understanding of the business, the players and the process.
ETA OFFICE OF EDUCATION & PROFESSIONAL DEVELOPMENT
Objectives
At the end of the course, participants should be able to:
- Define commonly used terms in the electronic processing industry
- Understand the roles of various participants within the industry
- Understand different payment types and how large the volume is
- Understand how a credit card payment goes from card to statement and how a merchant gets paid
- Understand how debit processing works
Audience
This course is appropriate for individuals considering entering the electronic payments industry or payments professionals who gained their experience and information on-the-job and want to expand their knowledge-base and advance their careers through more formalized education about the payments industry. Introduction to Electronic Processing is the recommended prerequisite for all other ETAU courses.
Course Duration / Fees
2.5 hours plus final course exam.
NOTE: Courses must be completed within 90 days from date of purchase.
ETA Member: $149
Non-Member: $249