One of the goals of the Merchant Risk Council is to serve as an educational resource for payments and fraud prevention professionals of all levels. Our programs like RAPID Edu help make that possible.

RAPID Edu is the MRC's proprietary, on-demand educational platform, designed to introduce users to the fundamentals of the payments and fraud prevention industry. These online programs allow professionals to learn at their convenience, complete with program materials, knowledge tests, and an accredited certificate upon completion.

RAPID Edu is ideal for:

  • Professionals who wish to revisit the fundamentals of payments and fraud prevention
  • Individuals looking to enhance their professional credentials
  • Managers looking for industry-specific training materials
  • Anyone interested in exploring a career in this dynamic industry
RAPID Edu courses are accredited with the Continuing Professional Education (CPE) credit standard. This accreditation allows professionals to acquire specialized knowledge in fraud and payments as well as maintain their certification with RAPID Edu courses. CPE credits may be applied to a variety of professional certifications, including Certified Fraud Examiners (CFEs), Certified Information Security Managers (CISMs), and others.*

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MRC RAPID Edu Courses

The MRC currently offers three RAPID Edu courses: Chargeback Essentials, Fraud Essentials, and Payment Essentials.


Course Topics

Course Length

Chargeback Essentials

  • Introduction to chargebacks
  • Resolving chargebacks
  • Chargebacks and payment card schemes
  • Introduction to chargeback metrics and solutions
  • Preventing chargebacks

~1.5 - 2 hours

MRC RAPID Edu Chargeback Essentials

Fraud Essentials

  • Impact of eCommerce fraud across the ecosystem
  • Account, transaction, and digital footprint data
  • Common fraud patterns
  • Key performance indicators and fraud mitigation best practices

~4 - 5 hours

MRC RAPID Edu Fraud Essentials

Payment Essentials

  • Card-based payments and processing
  • The banking industry, bank payments, and regulations
  • Wallets and mobile wallets
  • Non-card payments

~4 - 5 hours

MRC RAPID Edu Payment Essentials

RAPID Edu Course Pricing

MRC members receive significantly discounted pricing for RAPID Edu courses. Chargeback Essentials is only $99 for MRC members (plus applicable taxes). The course is also available to non-members for $399 (plus applicable taxes). The Fraud and Payment Essentials courses are available for just $199 each for MRC members (plus applicable taxes). These courses are also available to non-members for $999 each (plus applicable taxes).

To enroll in one or more courses, please visit the MRC RAPID Edu registration page by clicking the Get Started button below.

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RAPID Edu Refund Policy

For the Rapid EDU Program (self-study), 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 has been started. Additionally, courses must be completed within one year of purchase.

*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

National Association of State Boards of Accountancy Inc. (NASBA) -- National Registry of CPE Sponsors


If you have any questions about MRC RAPID Edu, please contact the MRC by filling out the MRC Contact Us form and selecting the RAPID Edu radio button.