Recertification

Recertification

Stay certified

A renewed CPFPP certification can significantly enhance your professional credibility, keeping you updated with the latest industry trends and best practices. This knowledge is crucial for staying competitive and relevant in the rapidly evolving payments and fraud prevention fields.

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 education activities.

 

 

Recertifying with Credits

The 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 Certified Payments and Fraud Prevention Professional by reinforcing essential skills and developing new ones.

 

Review general recertification requirements when applying based on earned credits:

  • One credit is equivalent to: One continuing education credit (CPE, CE, CEU, etc.) OR One hour of educational activity.
  • Certificants opting to recertify through credits must obtain 60 credits within a 3-year recertification cycle. At least 15 credits must be earned through the MRC.
  • Non credit hours may be accepted on a case-by-case basis via self-attestation. 
  • All credits must be related to the role of the Payments and Fraud Prevention Professional.
  • 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 credits within the CPFPP certification portal.
 

 

Recertification Credit Requirements

Recertifying through credits requires that the certificants earn the mandatory 60 credits from the following sources:

Qualifying Credit Sources and Distribution


 

Credits

Minimum of 15 credits from MRC


 

15

Minimum of 10 credits on Card Mandates

May be part of Self-attestation or MRC credits

 

10

Minimum of 10 credits on Regulation Changes

May be part of Self-attestation or MRC credits

 

10

Up to 45 credits from education providers such as those listed here

 

45

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

 

10

 

 

Recertification Credit Guidelines

Credits can be earned through a variety of educational opportunities as detailed below:


Approved Activities

 Credit Guidelines

Documentation Options

In person courses or workshops 

1 hour = 1 credit

Certificate, link to a digital badge or a registration receipt

Live virtual courses or webinars

1 hour = 1 credit

Certificate, link to a digital badge or a registration receipt

Self-paced online courses

1 hour = 1 credit

Certificate, link to a digital badge or a registration receipt

Speaking or presenting at industry conferences (first-time presentations only)

1 hour = 3 credits

Course syllabus, or official program description with presenter information

MRC educational content development or review

1 hour = 1 credit

Certificate


 
 

Education Providers

Recertification credits may be earned from education providers such as those listed below. This list is not all-inclusive.

Merchant Risk Council

 

RAPID Edu eLearning courses
MRC Events

 

Glenbrook

 

https://glenbrook.com/education/

 

Association for Certified Fraud Examiners

 

https://www.acfe.com/training-events-and-products

 

ACAMS

 

https://www.acams.org/en

 

International Compliance Association

 

https://www.int-comp.org/programme/?title=ICA-Advanced-Certificate-in-Managing-Fraud

 

Udemy

 

https://www.udemy.com/

(Reviewed and approved on a case-by-case basis for courses specific to payments and fraud)

 

LinkedIn

 

https://www.linkedin.com/learning/

(Reviewed and approved on a case-by-case basis for courses specific to payments and fraud)

 

McAfee

 

https://www.mcafeeinstitute.com/

(Reviewed and approved on a case-by-case basis for courses specific to payments and fraud)

 

Mastercard Academy

 

https://academy.mastercard.com/event/28dab9ca-d30c-4aa5-87ca-0844ac661ff1/summary

 

Visa University

 

https://visauniversity.com/en

 

Merchant Advisory Group 

 

https://www.merchantadvisorygroup.org

 

PaymentsEd 

 

https://www.paymentsed.org

 

 
 

 

Fees

 

MEMBER FEES

NON-MEMBER FEES

Recertification by Exam Fee

US$500

US$700

Recertification by Credits Fee

US$150

US$250

Recertification Late Fee

US$50

US$50