This practical program is designed to develop a comprehensive understanding of payment card issuing and electronic acquiring operations—from licensing and product design to operational setup and scalable growth. It also covers international and local card transaction processing systems and addresses key challenges faced by issuers and acquirers.
- - Understand the lifecycle of payment cards (Issuance – Authorization – Clearing – Settlement – Processing)
- - Differentiate between card types and product offerings (Debit / Credit / Prepaid / Virtual)
- - Explore Visa / Mastercard licensing models and requirements
- - Build the operational and technical setup for issuing and acquiring
- - Comprehend how card transaction processing systems work
- - Analyze components of acquiring operations (POS – Reconciliation)
- - Understand the role of the Central Bank and international regulations
- Fundamentals And Operational Setup
• Overview of Global and Local Card Payment Ecosystem
• Types of Payment Cards
• Licensing with Card Schemes
• Issuer & Processor Operational Roles
- Acquiring and Transaction Processing
• Introduction to Electronic Acquiring
• Transaction Lifecycle: Authorization to Settlement
• Processing Systems – Global and Local
- Compliance, Growth, and Strategy
• Regulatory Environment in Jordan
• Card Business Growth Strategies
• Case Studies & Simulation Exercises
- Business and Operations teams of Financial and non-Financial Institutions targeting to launch Payment Cards or grow their existing offering/portfolio
- Card issuing teams in banks and financial institutions
- Electronic payment and acquiring companies
