Recertification
Recertification Options
Upon earning the CPFPP credential, certification remains valid for three years from the date the CPFPP credential was awarded (one recertification cycle). Certificants can recertify by retaking the exam or by earning and reporting continuing professional education (CPE) credits.
Recertifying with CPE Credits
The CPE credits encompass a broad spectrum of activities that the MRC believes reflect continual learning opportunities. These activities validate the professional’s knowledge and strengthen the Payments and Fraud Prevention Professional by reinforcing essential skills and developing new ones.
Review general recertification requirements when applying based on earned CPE credits:
- Continuing Professional Education (CPE) credits must come from nationally approved or recognized continuing education organizations.
- Certificants opting to recertify through continuing education credits must obtain 60 CPE credits within a 3-year recertification cycle. At least 15 CPE credits must be earned through the MRC (completing online courses and conference workshops, speaking at conferences, etc.).
- Non-CPE credit hours may be accepted on a case-by-case basis via self-attestation.
- All CPE credits must be related to the role of the Payments and Fraud Prevention Professional.
- CPE credits must be distributed throughout the three-year recertification cycle.
- Renewal applications and activity logs are due 30 days before the end of the recertification cycle.
- Certificants are responsible for maintaining records of the earned CPE credits within the CPFPP certification portal.
Continuing Education Credit Requirements
Recertifying through CPE credits requires that the certificants earn the mandatory 60 CPEs from the following sources:
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Qualifying CPE Credit Sources and Distribution (1 hour = 1 CPE Credit)
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CPE Credits |
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Minimum of 15 CPE credits from MRC Completion of online courses and conference workshops Speaking or presenting at MRC events
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15 |
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Minimum of 10 CPE credits on Card Mandates It may be part of Self-attestation or MRC CPEs
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10 |
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Minimum of 10 CPE credits on Regulation Changes It may be part of Self-attestation or MRC CPEs
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10 |
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Up to 45 CPE credits from nationally recognized continuing education organizations [link to relevant on-page section]
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45 |
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Up to 10 hours of Self-Attestation Self-attestation that the individual attended educational programs or read materials on any revised card mandates or regulatory changes in payments and fraud
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10 |
Approved CPE Sponsoring Organizations
Continuing Professional Education (CPE) credits must be earned through nationally approved or recognized continuing education organizations:
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Merchant Risk Council
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In-person workshops at conferences
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Glenbrook
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https://glenbrook.com/education/ Workshops and bootcamps Webinars
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Association for Certified Fraud Examiners
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https://www.acfe.com/training-events-and-products
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ACAMS
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https://www.acams.org/en/training/certificates/fraud#overview-f6796c34
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International Compliance Association
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https://www.int-comp.org/programme/?title=ICA-Advanced-Certificate-in-Managing-Fraud
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Udemy
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(Reviewed and approved on a case-by-case basis for courses specific to payments and fraud)
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https://www.linkedin.com/learning/ (Reviewed and approved on a case-by-case basis for courses specific to payments and fraud)
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McAfee
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https://www.mcafeeinstitute.com/ (Reviewed and approved on a case-by-case basis for courses specific to payments and fraud)
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Mastercard Academy
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https://academy.mastercard.com/event/b79a9c3b-d12e-49df-aac4-bc03b57c840d
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Visa University
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https://www.visauniversity.com/en/topics/disputes
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Merchant Advisory Group
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https://www.merchantadvisorygroup.org/education/webinars
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Thomson Reuters
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Fees
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MEMBER FEES |
NON-MEMBER FEES |
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Recertification by Exam Fee |
US$500 |
US$700 |
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Recertification by CPE Credits Fee |
US$150 |
US$250 |
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Recertification Late Fee |
US$50 |
US$50 |