Payments Essentials

Payment Essentials is designed to provide a thorough introduction to the world of payments, including payment stakeholders, processes, and methods. It also includes insights on laws, regulations, standards, and best practices associated with the payments industry, as well as developments in payments technology and trends.

The Payment Essentials course addresses seven objectives:

  1. Identify key payments stakeholders
  2. Outline the key payments processes and ecosystem
  3. Compare and categorize payment methods
  4. Recognize chargebacks and interchange fees
  5. Differentiate between payment laws, regulations, and standards
  6. Apply and prioritize payments best practices
  7. Discuss payment trends

The course takes approximately 4 - 5 hours to complete. It also includes a final assessment to ensure the learner understands the material. After successfully passing the final assessment, the learner will receive a certificate of completion from the MRC.

Payment Essentials is available for only $225 for MRC members (plus applicable taxes). Non-members may take the course at the non-member price of $450 (plus applicable taxes). To take the Payment Essentials course, please visit the MRC RAPID Edu Registration page by clicking the button below.

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RAPID Edu Accreditation

The Merchant Risk Council is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website:

National Association of State Boards of Accountancy Inc. (NASBA) -- National Registry of CPE Sponsors

RAPID Edu Refund Policy

For the RAPID Edu program self-study courses, refunds and cancellations are determined on a case-by-case basis. Cancellations and requests for refunds must be communicated in writing to Refunds will not be issued once a course is started. Additionally, courses must be completed within one year of the course enrollment date.