EMV Payment Ecosystem Introduction

Understand the basics of the EMV ecosystem

This training course enables participants to understand EMV environment and ecosystem, and benefits of the migration for merchants and acquirers.

Objectives

  • Receive a complete overview of EMV
  • Understand the chip card evolution
  • Learn the history of EMVCo and the goals of EMV
  • Recognize the roles of each industry player
  • Understand the process of an EMV transaction
  • Identify the differences between the main payments schemes

Key topics

  • Review of magnetic stripe transactions and technology
  • Basics of chip card technology
  • Overview of an EMV transaction
  • EMV business drivers
  • EMV benefits and challenges

Day 1 | An overview of EMV

MORNING

  • What is a smartcard?
  • The customer journey
  • What is EMV and EMVCo?
  • Overview of EMV migration and certification
  • The business drivers behind EMV
  • The benefits and challenges of EMV

AFTERNOON

  • The payment ecosystem
  • Roles and responsibilities within the ecosystem
  • What is a transaction flow
  • The differences between the payment schemes
  • Requirements and recommendations

Level of difficulty

newcomer

Duration

1 day

Participants

10 max

Audience

Beginner

Prerequisites

Very basic knowledge on payment and card systems

Training pack

Includes a binder, notebook, pen, USB key and your official certificate

FIME "Plus"

  • Stay in contact with your FIME trainer, following your session for continued support and insight
  • Be part of FIME's trainee community and stay up to date with the latest technological developments
  • Receive an official FIME certificate to recognize your participation

Dedicated training session (at customer premises)

To organize a dedicated training session in your premises for your staff only, please Ask for a
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