India
This Course is Expired

Advanced Programme on Card Payment System

This four-day course would provide exposure to complexities in card payment system like authorization, clearing and settlement services
Dr Deepankar Roy And Dr Dhananjay Bapat , Programme Coordinators,E-mail : d_roy@nibmindia.org; dhananjay@nibmindia.org, Telephone :0091-20-26716000 (EPABX) 26716283, 26716314 (Direct)
(020) 26716000
INR 33,708

Course at a Glance

Mode of learning : Short programs-ClassRoom

Domain / Subject : Banking & Finance / Accounting

Function : General

Trainer name : Dr Deepankar Roy And Dr Dhananjay Bapat

Starts on : 8th Sep 2014

Duration : 4 Days

Difficulty : Advanced

Advanced Programme on Card Payment System

Credit and Debit cards are emerging as a convenient form of making payments for goods and services without the use of actual cash or cheques and offers promising opportunities for banks to increase their payment business. We are witnessing lots of innovation in card payment instrument such as prepaid cards, contactless cards, EMV and virtual cards. Card-based payments in India, in terms of volume, increased from 404.4 million in 2009-10 to 865.7 million in 2012-13. In terms of value, the increase was from Rs. 0.9 trillion in 2009-10 to Rs. 1.9 trillion in 2012-13 

The Reserve Bank of India has stepped in to regulate the pricing for debit card transactions. According to the new guidelines from July 1, 2012, the Merchant Discount Rate (MDR) cannot exceed 0.75 per cent for transactions up to Rs. 2,000, and 1 per cent for other transactions. The rationale behind this regulatory change seems to be that lower transaction fees paid by merchants will lead to an increase in the adoption of retail electronic payments overall. Card business offers banks significant opportunities to increase transaction volumes and earn fee income through inter-change. To remain competitive, banks would, therefore, have to tailor their card payments products and services to suit the requirement of their customers. 

Against this background the training programme has been conceived by NIBM in collaboration with National Payments Corporation of India (NPCI). This four-day course would provide exposure to complexities in card payment system like authorization, clearing and settlement services. Participants will be introduced to the four-party and three-party model, the roles played by issuers, acquirers, merchants and the key steps involved in a transaction being authorized through to being cleared, and then settled. It will also provide them an insight into the key areas of the card business, highlighting industry trends along with the business drivers, best practice techniques for running a successful card business and loyalty programmes. The programme will also cover as to how the competition in card payment system is growing with the introduction of RuPay or a domestic card payment network vis-a-vis the inter-change schemes like Visa, Mastercard, American Express and Discover.

Methodology 
The programme will be highly interactive in nature and will be based on concept sessions, cases, brainstorming, discussions, group presentations and sharing of experiences by industry experts

Programme Fee (per participant) 

  • US $ 1600 for foreign participant
  • Mem. Banks : Fee: 30000 ST: 3708 Fee+ST: 33708  TDS: 3000
  • Non-Mem. Banks : Fee: 35000 ST: 4326 Fee+ST: 39326  TDS: 3500
  • An early bird incentive of 5% will be given if registered 15 days before the start of the Programme

Course eligibility

Target Audience

The programme is designed for middle and senior officials working in the field of cards from departments like Transaction Banking, Information Technology, Retail Banking, Personal Banking, e-Business, New Business Initiatives, Alternate Banking Channels, Marketing, Planning and Development.

 

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Course Contents 

  • How Card Payment System Works? 
  • Transaction Flow in Card Payment System 
  • Pricing in Card Payment System 
  • Fundamentals of Debit Card Issuance Business 
  • Fundamentals of the Acquiring Business 
  • Payment Networks - Globally: VISA/MC/Discover/JCB/China Union Pay/NETS 
  • Credit Card Market - Issues and Challenges 
  • RuPay Scheme - Regulations & Rules 
  • Prepaid Cards: Closed Loop/Open Loop/Semi-Closed 
  • Dispute Management and Chargeback Rules 
  • Card Payment Standards - EMV and NFC 
  • E-commerce Fundamentals 
  • Risks Associated with the Cards Business - Fraud Trends: India vs Global, Fraud Mitigation Mechanisms 
  • Cardholder Lifecycle Management
  • Loyalty Programmes, Cashback and Insurance in Card Payment System - Fundamentals 
  • Regulatory Framework for Card Payment System
  • RBI's Vision 2012-15 for Payment Systems in India

 

 

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