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MRC Online Courses

Enhanced BIN Data for Payment Professionals

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In the fast-paced world of digital payments, optimizing transaction processing, managing costs, and enhancing fraud prevention are critical to business success. At the core of these processes lies a powerful tool—Bank Identification Numbers (BINs). The Enhanced BIN Data for Payment Professionals course offers payment professionals a deep dive into both standard and enhanced BIN data, equipping them with the knowledge to leverage this crucial data for optimizing payment workflows, minimizing costs, and bolstering fraud detection strategies.

 

MRC Members: USD $75 (plus applicable taxes)
Non-members: USD $150 (plus applicable taxes)

 


Enroll | Members Enroll | Non-Members


Participants will explore the evolution of BINs, understand their role in payment processing, and learn how enhanced BIN data provides granular insights that standard data cannot. By the end of the course, professionals will be able to use enhanced BIN data for strategic transaction routing, cost management, customer segmentation, and more.


FAQs

    • eCommerce payment managers seeking to enhance their understanding of payments orchestration.
    • Fraud prevention specialists who need to understand how payments orchestration can impact fraud management
    • eCommerce business owners and managers looking to optimize their payment systems for efficiency and cost-effectiveness.
    • Customer experience managers looking to optimize the customer experience through streamlined and efficient payment processes.
    • The course may also benefit financial analysts, IT and technical professionals, compliance officers, and strategic planners and consultants in online retail.
    • eCommerce payment managers seeking to enhance their understanding of payments orchestration.
    • Fraud prevention specialists who need to understand how payments orchestration can impact fraud management
    • eCommerce business owners and managers looking to optimize their payment systems for efficiency and cost-effectiveness.
    • Customer experience managers looking to optimize the customer experience through streamlined and efficient payment processes.
    • The course may also benefit financial analysts, IT and technical professionals, compliance officers, and strategic planners and consultants in online retail.
    • Program Level: Basic
    • Program Field of Study: Specialized Knowledge
    • Program Delivery Method: QAS Self Study
    • CPE Credits: 1.0
    • Advanced Preparation and/or Pre-requisites: None
     

    Please allow approx. 1 hour to complete this course. The course culminates with a comprehensive final assessment to evaluate the user's comprehension of the material. Upon successfully completing the final assessment, participants will be awarded a certificate of completion and CPE credits representing their proficiency in the subject matter.

    • Program Level: Basic
    • Program Field of Study: Specialized Knowledge
    • Program Delivery Method: QAS Self Study
    • CPE Credits: 1.0
    • Advanced Preparation and/or Pre-requisites: None
     

    Please allow approx. 1 hour to complete this course. The course culminates with a comprehensive final assessment to evaluate the user's comprehension of the material. Upon successfully completing the final assessment, participants will be awarded a certificate of completion and CPE credits representing their proficiency in the subject matter.

    • Define payments orchestration
    • List key challenges that payments orchestration aims to solve
    • Outline how payments orchestration works
    • Identify and describe the components of payments orchestration
    • Identify the key benefits of payments orchestration for merchants
    • Describe payment and fraud management costs
    • Identify initiatives that drive more efficient cost ownership
    • Outline key considerations for merchants looking to partner with a payments orchestration provider
    • Define payments orchestration
    • List key challenges that payments orchestration aims to solve
    • Outline how payments orchestration works
    • Identify and describe the components of payments orchestration
    • Identify the key benefits of payments orchestration for merchants
    • Describe payment and fraud management costs
    • Identify initiatives that drive more efficient cost ownership
    • Outline key considerations for merchants looking to partner with a payments orchestration provider
    • MRC Members: USD $75 (plus applicable taxes)
    • Non-members: USD $150 (plus applicable taxes)

MRC Education 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

National Registry of CPE Sponsors logo

MRC Education Refund Policy

MRC Education eLearning course 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.