Nex-G Innovations

The training program on card payment systems is designed to equip participants with comprehensive knowledge and practical skills needed to understand, manage, and innovate within the card payment ecosystem. In this training participants will learn Card Payment Systems, Card Payment Infrastructure, Transaction Process, Security & Compliance, Risk Management, Regulatory Environment and Practical Applications.

Code: NES_SK_2299

Duration: 4 Weeks / 40 Hrs /Customized

Mode: Corporate (Instructor Led Online / Onsite), Individual (Instructor Led Online)

+91-8826900551

• History of Payment Cards
• Players in Payment Card Industry
• Card payments life cycle
• Card Schemes
• Types of Cards
• Products viz. credit card, debit card etc.
• Physical ; Magstripe, ICC, Contactless, NFC, Virtual
• Structure of cards : Magstripe, ICC, Contactless, NFC
• PIN, CVV, iCVV, CVV2
• Access devices : ATM, POS terminal/M-POS, Internet and MOTO

Card Issue Process

• Card Types
• Track Types
• Chip card/RFID/NFC cards
• Secure Elements/Host Card Simulation
• EMV card/terminal specifications
• EVM ICC personalization
• Card Production and PAN/CAF Generation for Switch
• PAN/CAF Upload in Switch
• PIN Generation and PIN Blocks

Electronic Fund Transfer Switch

• Introduction to Switch and its Functions
• Brief Introduction to Hardware Requirements
• Brief Introduction to Software Components

Host / Hardware Security Module (HSM) and its Functions

• Host/Hardware Security Module Introduction
• Hardware Components
• Key Management Function
• Local Master Keys
• Zone Master Key
• Zone PIN Key
• Terminal Master Key
• Terminal PIN Key
• Terminal Authentication Key
• PIN Verification Key
• Card Verification Key
• Master/Session Key Scheme
• Automated Key Distribution System Introduction to Card Operations
• Introduction to ISO 8583, ASN.1/BER and ISO 20022 Messages
• Functions of Issuer, Acquirer, Merchants and Inter-connect
• Revenue Streams Costs of Card Operations

Card Operations

• Overview of EMV standards
• EMV L1/L2/L3 Certification requirements
• Communication protocols T=0/T=1
• Kernels and Kernel Tags
• DE55 and ASN.1/BER Tags
• Permitted Transactions
• Card Present Transaction (CP)
• Card Not Present Transactions (CNP)
• Transaction flow for CP and CNP Transactions
• Full EMV and Early/Quick EMV
• Data Authentication : SDA/DDA/CDA
• CVM/Offline/Online PIN verification
• Accounting
• Authorisations
• Online/offline authorization processes e.g. PBF/SAF, Grading
• EMV Commands and APDU Command/Response Pairs
• EMV process of GENERATE 1st AC/GENERATE 2nd AC
• Full STIP, Partial STIP, Co-operative Processing
• Reconciliations
• Importance of Reconciliations
• Various types of Reconciliations
• Customer Billing, Collection and Recovery
• Presentments and Chargebacks.
• Settlements
• VISA/Master Settlements
• Partner Settlements
• Merchant Settlements

Card Frauds and Security Issues

• Card frauds
• Use of Applications for Fraud Detection and Prevention e.g. FICO Falcon

Card Standards

• Payment Card Industry Data Security Standards (PCI DSS)
• EMV Standards
• Other relevant ISO standards e.g. ISO9564 Regulation
• Dodd-Frank, USA
• EPC regulation on mobile cards in European Union and SEPA Cards

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