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Acquiring · Foundation

Acquiring Fundamentals

How merchant acquiring works end to end: merchants, gateways, processors, networks and the money flows between them.

Who should attend

New team members at acquirers, processors and payment facilitators; product, operations and engineering staff.

What you'll learn

  • The four-party model and who earns what
  • Authorization, clearing and settlement flows
  • Interchange, scheme fees and merchant pricing
  • Merchant onboarding, risk and chargebacks
  • PCI DSS responsibilities for acquirers

Curriculum

  1. Day 1Ecosystem, transaction lifecycle, gateways and switches, ISO 8583 basics
  2. Day 2Settlement and reconciliation, fees, merchant risk, chargebacks and compliance

Ready to train your team?

Request dates, curriculum details and a proposal for your cohort.