Welcome to the University of Payments!
This is where professionals go to learn everything they need to know about electronic payments in a fun, engaging, and entertaining style so they can advance their knowledge, careers, and organizations!
The Payments Professor has courses to enhance your knowledge about everything payments!
Review our Course Catalog to see current and upcoming courses.
Below you can get access to the FREE course. Free means 100% FREE, No Money Needed!
Introduction to Payment Channels
What exactly is a payment channel and how many are currently available in the United States? How do they operate? This course covers answers all these questions and more. Join the Payments Professor for an introduction and history lesson on payment channels in the good old USA.
This free course contains nine videos with a combined total of more than 50 minutes of discussion on the various payment channels available in the United States. That's enough to earn one continuing education credit for most certification programs at no cost. Introduction to Payment channels includes: ACH, Cards, Cash, Checks, Real Time Payments, Wires, and Emerging & Alternative Payments.Enroll Now
You can find the best learning courses from below. Choose the course you want to take and start learning!
Real Time Education for Real Time Payments (RTE for RTP)
Discover the basics of the RTP network such as defining key terms, identifying key participants, understanding messaging fundamentals, and much more. Complete the course before moving onto the next RTE for RTP that includes discussions on risk management and auditing of the RTP network.
Our Real Time Education for Real Time Payments (RTE for RTP) course consists of 26 videos totaling more than two hours and is worth 2.6 continuing education credits in most programs. This course is divided into multiple topics allow for a deeper dive into the nuances of the RTP channel. These topics include: Introduction to RTP™, RTP™ Participants, Key Concepts & Compliance, Introduction to Messaging, Understanding Prefunding and Settlement.
Without warning, when it's least expected, a disaster, or even worse, a pandemic can happen. Are you prepared? How do you plan for something you've never experienced? Join the Payments Professor to learn more about pandemic planning and what the governing agencies expect of a financial institution.
Created by the Payments Professor in the middle of the COVID-19 pandemic to help payment professionals better understand what pandemic planning is and what the regulatory agencies expect from financial institutions, the Pandemic Planning course consists of 20 videos totaling more than 2 hours of education. Topics includes: Introduction to Pandemic Planning, FFIEC Interagency Guidance, Review of Nacha's Operations Bulletins regarding the COVID-19 Pandemic.
2021 ACH Rules Updates
This course is designed to provide payment professionals one place to learn about upcoming changes within the industry. Join the Payments Professor to learn what is changing in the future of payments.
Our 2021 ACH Rules Update contains seven videos totaling approximately an hour and a half of discussion on the following topics:
- Supplemental Data Security Requirements (original Rule)
- ACH Contact Registry
- Differentiating Unauthorized Return Reasons (R10 v R11)
- WEB Debit Account Validation
- Same Day ACH's Third Processing Window & Increased Entry Limit
- Account Validation
- and more!
IAT International ACH
What is an IAT? In this series we look into what is an IAT and we give you some helpful ways to identify if an entry is an IAT or not. We also look at how OFAC plays a role in the processing of an IAT when it comes to reporting and compliance. Learn more in the class focused on IAT, OFAC, and screening.
Introduction To ACH
Ready to take the ache out of ACH? Just what is an ACH and how does it work? Who is Nacha and what do they do? Get the answers to these and many more questions when you enroll in the Payments Professor's Intro to ACH class.
Got A Course Idea?
Let us hear it! The Payments Professor is prepared to take on any topic related to the electronic payments industry. If you do not see a topic of interest here, please let us know. We are here to help you keep yourself educated! Submit your idea today.