Tokenization Essentials

The Tokenization Essentials course is a self-paced, entry-level course covering the basics of tokenization. The course includes an introduction to tokenization and will explore lessons on token providers, network tokens, how tokens move through the payments ecosystem, tokens and PCI scope, and tokenization solutions.

This course will launch in early Spring 2023 but is available for pre-order now. The course is developed by the MRC in partnership with TokenEx and peer-reviewed by the MRC Education Committee. If you pre-order today, you will be automatically enrolled in the course once it launches.

Program Details

Program Level: Basic
Program Field of Study: Specialized Knowledge
Program Delivery Method: QAS Self Study
*CPE Credits: 1.4
Advanced Preparation and/or Pre-requisites: None

Objectives

Define tokenization
Understand the benefits of tokenization
Describe how tokenization differs from encryption
Differentiate between network and PCI tokens
Differentiate between in-house and third-party tokenization
Describe types of third-party token providers
Understand Apple Pay and Google Pay tokenization
Detail the utility of differing token formats
Describe the features of network tokenization
Detail the benefits of network tokenization
Describe network token lifecycle management
Understand network tokenization requirements
Differentiate between network tokens and authenticated tokens
Detail how tokens move through the payments ecosystem

*Learning objectives and CPEs are subject to change before the official course launch.

PRE-SALE: The Tokenization Essentials course is priced at US$75 for MRC members (plus applicable taxes). Non-members may take the course at the non-member price of US$150 (plus applicable taxes).

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Complete the form on the following page to receive the appropriate pricing.

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RAPID Edu Accreditation

The Merchant Risk Council is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org

RAPID Edu Refund Policy

For the RAPID Edu program self-study courses, refunds and cancellations are determined on a case-by-case basis. Cancellations and requests for refunds must be communicated in writing to programs@merchantriskcouncil.org. Refunds will not be issued once a course is started. Additionally, courses must be completed within one year of the course enrollment date.