Course curriculum

    1. Welcome: Statements Training

    2. Here's What We Will Learn

    3. Let's Review the Merchant Industry

    4. Understanding the Purpose of Merchant Statements

    5. All Statements Are Different Based on Acquirer

    6. Typical Components of a Statement

    1. Review of Background Information

    2. How a Transaction Works

    3. Everyone Gets a Cut

    4. Breaking Down Interchange and Assessment Fees

    5. 📝 Quiz: Review of Background Information

    1. Identifying the Pricing Structure

    2. The Different Pricing Structures Used

    3. Fixed Pricing Overview

    4. Interchange Plus Pricing Overview

    5. Interchange vs. Fixed

    6. 📝 Quiz: Fixed vs. Interchange Plus Pricing

    1. The Effective Merchant Discount Rate

    2. Defining the Effective Merchant Discount Rate

    3. "Blended Rate"

    4. 📝 Quiz: The Effective Merchant Discount Rate

    1. Interchange and Assessment Fees

    2. The 3 Main Categories of Fees

    3. Understanding Interchange Fees

    4. Interchange Fee Factors

    5. Finding Interchange Fees

    6. Interchange on Moneris Statement

    7. Interchange on Elavon Statement

    8. Interchange on First Data Statement

    9. 📝 Quick Quiz: Interchange Fees

    10. Understanding Assessment Fees

    11. Finding Assessment Fees

    12. Assessment on Moneris Statement

    13. Assessment on Elavon Statement

    14. Assessment on First Data Statement

    15. 📝 Quick Quiz: Assessment Fees

    16. 📝 Quiz: Assessment + Interchange Rates

    1. Finding Basis Points and Processing Charges

    2. Basics of Basis Points in Merchant Services

    3. Determining the Processing Fee

    4. Basis Points on Moneris Statement

    5. Basis Points on Elavon Statement

    6. Basis Points on First Data Statement

    7. 📝 Quiz: Basis Points

    8. 📝 Quiz: Basis Points on Statements

About this course

  • Free
  • 57 lessons
  • 0 hours of video content

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