Nex-G Innovations

The objective of this training is to equip participants with a comprehensive understanding of contactless card payment systems, covering the underlying technologies (NFC, EMV, RFID), transaction lifecycle, and key ecosystem players. Participants will learn to implement secure, compliant solutions through practical hands-on activities, including configuring POS terminals, integrating mobile wallets, and performing certification processes.

They will also develop skills in troubleshooting, risk management, and fraud prevention while exploring innovative trends like biometric cards and IoT integration. By the end of the program, participants will be prepared to design, deploy, and manage contactless payment solutions that enhance user experience, ensure security, and align with global standards.

Code: NES_SK_22989

Duration: 4 Weeks / 40 Hrs /Customized

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

+91-8826900551

• Overview of payment ecosystems
• Evolution from magnetic stripe cards to contactless payments
• Regulatory landscape and standards
• Hands-On: Identify components of a contactless payment system

Module 2: Technologies Behind Contactless Payments

• NFC (Near Field Communication) and RFID basics
• EMV chip technology
• Tokenization and data security
• Hands-On: Demonstrate NFC and RFID operations with sample cards

Module 3: Payment Standards and Protocols

• ISO/IEC 14443
• EMV Contactless Specifications
• PCI DSS compliance
• Hands-On: Analyze EMV transaction flows using a simulator

Module 4: Card Issuance Process

• Card manufacturing
• Personalization and encryption
• Key management
• Hands-On: Explore personalization of sample cards using dedicated software

Module 5: POS (Point of Sale) Systems

• Components of a POS terminal
• Integration of contactless readers
• Role of middleware
• Hands-On: Set up and configure a POS terminal

Module 6: Transaction Lifecycle

• Cardholder, merchant, and acquirer roles
• Authorization, clearing, and settlement
• Offline and online transaction modes
• Hands-On: Simulate end-to-end transactions in a sandbox environment

Module 7: Security Mechanisms in Contactless Payments

• Cryptographic processes in payment cards
• Dynamic data authentication (DDA)
• Risk management tools
• Hands-On: Test a card reader against various security scenarios

Module 8: Understanding Payment Schemes

• Visa, Mastercard, Amex, and UnionPay
• Certification and interoperability
• Role of payment networks
• Hands-On: Analyze scheme-specific differences through sample test scenarios

Module 9: Contactless Payment Ecosystem

• Role of banks, processors, and fintechs
• Market trends and adoption rates
• Real-world use cases
• Hands-On: Map a payment ecosystem workflow

Module 10: Mobile Wallet Integration

• Apple Pay, Google Pay, Samsung Pay
• Secure Element (SE) and Host Card Emulation (HCE)
• QR codes and contactless synergy
• Hands-On: Configure a mobile wallet and execute transactions

Module 11: Payment Gateway Role in Contactless Payments

• APIs and SDKs for integration
• Real-time fraud detection
• Gateway selection criteria
• Hands-On: Build a sample payment gateway integration

Module 12: EMV Level 1 and Level 2 Testing

• Importance of certification testing
• Tools and processes for EMV compliance
• Debugging transaction errors
• Hands-On: Conduct sample EMV L1 and L2 tests

Module 13: Risk Management and Fraud Prevention

• Common fraud types in contactless payments
• Machine learning for anomaly detection
• Cardholder education strategies
• Hands-On: Test fraud scenarios and mitigation techniques

Module 14: International Standards and Compliance

• Regional variations in standards
• GDPR and data privacy in payments
• Compliance audits
• Hands-On: Review compliance requirements for a mock deployment

Module 15: Certification Process for Devices

• Steps to certify terminals and cards
• Lab accreditation and test tools
• Key regulatory bodies
• Hands-On: Simulate the certification process for a test device

Module 16: Troubleshooting Contactless Systems

• Common terminal and network issues
• Debugging tools and techniques
• Best practices for resolving errors
• Hands-On: Use a diagnostic tool to resolve terminal errors

Module 17: Emerging Trends in Contactless Payments

• Biometric cards
• Blockchain integration in payments
• Trends in wearable payments
• Hands-On: Prototype an innovative payment method

Module 18: Real-World Case Studies

• Successful contactless implementations
• Lessons learned from failures
• Industry-specific challenges
• Hands-On: Analyze and present a case study

Module 19: Customer Experience and Usability

• Designing user-friendly payment interfaces
• Factors influencing adoption
• Customer feedback and analytics
• Hands-On: Develop a user-friendly payment app prototype

Module 20: Future of Contactless Payments

• Predictions for the next decade
• AI and IoT synergy with contactless payments
• Expanding into underbanked regions
• Hands-On: Brainstorm and pitch futuristic ideas for contactless payment solutions

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