Payment Channels: Card Payments passport the exchange of funds between

the exchange of funds between the originating and receiving institution

Approval authorities

we validate this information based on our underwriting/Loan Policy

paperless workflows and improving the customer experience

Topics covered in this session:

Payment Channels: Card Payments passport the exchange of funds betweenIn this class with the Payments Professor, youll explore how card payments work from swipe to settlement. Learn the roles of issuers, acquirers, and networks like Visa and Mastercard, and understand the difference between credit, debit, prepaid, and charge cards. Well break down the transaction flow, fees (like interchange and MDR), card present vs. card not present risks, and the critical role of PCI DSS compliance. You'll also examine how emerging