Introduction to Mobile Payments
As mobile phones become more ubiquitous in the market while offering greater access to online media rich content, it was only natural that consumers would want ways to make payments using their mobile devices. The fact is, in some regions of the world, like China, there are exponentially more consumers with cell phones than credit cards. Having the ability to take payments on mobile devices provides access to larger potential consumer populations.
Mobile payments, unlike credit card payments, aren't a one size fits all concept. There are actually a number of different programs for taking payment through a mobile device, and some of these may not ever give you the market adoption you are looking for. Mobile payments have existed in the eCommerce market for several years, but with mobile payments growing at the point-of-sale the concepts and uses for mobile payments are still developing. The Introduction to Mobile Payments training course provides an excellent overview of the types and methods of payment that are available to support mobile payments.
This course was last updated in February, 2019 to include updated statistics and discussions around mobile phone and smartphone ownership, mobile wallets, mobile wallet users and marketshare in the United States. HTML5 - compatible with all browsers and mobile devices.
Key Concepts Covered:
After completing this course you should be able to answer and discuss the following questions:
(1) How do mobile payments work, do they all work the same? (2) How does mobile payment processing affect merchants? (3) What are the common fraud tools needed for mobile payment acceptance?
Training Objectives: (1) Gain a basic underlying understanding on the role, function and responsibilities of all of the potential entities that can touch a mobile payment, including who represents whom. (2) Be able to define the stages of a mobile payment purchase while detailing the physical money flow. (3) Be able to describe the traditional manner in which merchants setup and use mobile payments, and how accepting mobile payments affects their operations. (5) Be able to discuss the effectiveness of fraud tools on mobile payments.
Expected time to complete training: 90 minutes (includes quizzes and exam)
Prerequisites: This is considered an Introductory level course and requires no previous knowledge or training on the subject matter.
The Fraud Practice's Online Portal and Training Courses:
Enroll Now for $120 This training course is available online and can be started today.
Enrollment is easy and takes just a few minutes. You'll first need an account in our online training portal which can be created here. This free account can then be used to register for any of The Fraud Practice's online training courses or certification programs. With lessons available online 24x7, you are able to begin the Introduction to Accepting Mobile Payments online training course immediately after enrolling.
Course Access: Unrestricted
Course Availability: Online, In-House and Webinar
Pricing & Online Enrollment: Take this course for only $120 by Enrolling Now.
We Want 100% Satisfaction: There is nothing worse than signing up for training only to find out that it wasn't on the topic you expected, or it wasn't advanced enough to provide value. If you have any doubt about the fit of a course to your particular needs, please give us a call. We will be happy to discuss the course, and to provide a more detailed overview on the content to ensure you make the most of your training dollars and time.
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