Payments Industry – 200

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Course Details:

Lessons:

Course Content

Payments Industry Basic - 201
What is Credit Card Processing?
Common Terms and Payment Terminology
Who is a Qualified Client
Industries to Target and Avoid – Low Risk vs High Risk
Pricing - 202
Interchange Plus – aka Traditional Pricing
Basis Point Pricing
Tiered & Flat Rate Pricing
Cash Discount
Dual Pricing
Surcharge Pricing
Transaction Types (CP, CNP, MOTO)
Card Brands Fees and Reward Fees
Monthly and Daily Discount Fees
How to read a merchant statement
Getting the Merchant Statement
Choosing the Right Solution - 203
Cost Savings Analysis (CSA) review
Technology and Transactional Questions
Terminals and Equipment
Items Needed From the Merchant
Signing Your First Deal - 204
How to Fill out an Application
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