Paragon is developing a series of free, online training courses to introduce you to general payments industry concepts. Check this page periodically for new online training course offerings. These courses are presented by Deborah P. Spidle, Director of EMV Solutions, CSCIP, CSCIP-P.

An Introduction to Payments, Part 1 – Payment Cards

Course Description:

In this 15-minute presentation, we look at the components of the physical payment card, including:

  • Items on the front and the back of a card
  • Issuer and card identification
  • Embossing
  • Contents of the magnetic stripe
  • Physical card security features
  • Card security codes

Date Added: September 5, 2013  |   Date Updated: October 16, 2014


An Introduction to Payments, Part 2 – Payment Methods and Channels

Course Description:

In this 15-minute presentation, we look at various ways to pay for goods and services, including cash, checks, travelers checks, debit and credit cards, prepaid cards, stored value cards, and mobile devices. We also introduce the various payment channels, such as ATM, POS, Card Not Present, and Mobile.

Date Added: September 5, 2013  |   Date Updated: October 17, 2014


An Introduction to Payments, Part 3 – Basic Online Transaction Processing Concepts

Course Description:

In this 15-minute presentation, we introduce simple online transactions, with examples that illustrate the following:

  • Acquirer, Issuer, Network/Switch
  • Routing
  • On-Us, Not-On-Us
  • Simple ATM transaction
  • Simple POS transaction

Date Added: September 20, 2013  |   Date Updated: October 17, 2014


An Introduction to Payments, Part 4 – Common Online Transaction Processing Scenarios

Course Description:

In this 15-minute presentation, we introduce some common online transaction processing scenarios, including:

  • Request-Response
  • Reversal
  • Network management messages
  • Stand-in Authorization
  • Preauthorization

Date Added: October 2, 2013  |   Date Updated: October 17, 2014


An Introduction to Payments, Part 5 – Advanced Online Transaction Processing Concepts

Course Description:

In this 25 minute presentation, we cover more complex OLTP concepts and scenarios, including:

  • Transactions, messages, and fields
  • Message types
  • Message formats
  • Fixed length vs. variable length messages
  • Bit maps

Date Added: October 21, 2013  |   Date Updated: October 17, 2014