Payment Aggregator Business

This course will help Banking Executives, Business Strategists & Payment aggregators to understand the business model and trends of payment aggregators’ business, potential of integration of new technologies and offering all the hassle-free services to merchants and customers.

At a glance

* Institution: State-Bank-of-India

* Subject: Business & Management

* Level: Introductory

* Prerequisites: There are no prerequisite knowledge requirements for enrolling in this course. Elementary knowledge of payment system would be helpful.

* Language: English

* Video Transcript: English

Week 1

Module 1: Payment Aggregator Business: An Overview

1.1 Introduction

1.2 What are Payment Aggregators?

1.3 Benefits of Payment Aggregators

1.4 How Does a Payment Aggregator Work?

1.5 Factors Behind the Growth of Payment Aggregators

Week 2

Module 2: Payment Aggregator Model

2.1 Introduction

2.2 Types of Payment Aggregators

2.3 Evolving Business Models in the Payments Industry

2.4 Stakeholders in the Payment Aggregator Model

2.5 IT Governance - Baseline and Desirable IT Requirements

Week 3

Module 3: Structure of Payment Aggregator Settlements

3.1 Introduction

3.2 How Does Payment Gateway Settlement Work?

3.3 Settlement Approach in a Payment Gateways

3.4 Management of Collected Funds

3.5 Collection of Charges & Standard Practices

Week 4

Modeule 4: Service Delivery, Compliants and Security Standards

4.1 Introduction

4.2 Regulation Framework and Reporting Requirements

4.3 Risks Associated with Payment Aggregator Services

4.4 Security, Fraud Prevention and Risk Framework

4.5 Customer Grievance Redressal and Dispute Management