introduction to ecommerce merchant Underwriting

Attendees can expect to learn about the factors and traits of a merchant that influence their level of risk, the various controls acquirers use to mitigate risk and how mandating certain controls can restrict the pool of potential merchants.

The following intermediate courses require some basic knowledge or training on the subject matter to understand the course material.

This course was last updated in August, 2017. Now offered in HTML5 and compatible with all mobile devices.

  • Course synopsis. When assessing the risk of a business applying for a merchant account, what factors are most important? Are merchants simply approved or denied, or are there conditions and controls used to be able to underwrite a merchant? Do you know when and which credit controls are best used, or how requiring reserves or having a sales cap affects the potential pool of merchant clients? These are all considerations when assessing the risk of a merchant and these are all topics covered in the eCommerce Merchant Underwriting course. Attendees of this course can expect to learn about the factors and traits of a merchant that influence their level of risk, the various controls acquirers use to mitigate risk and how mandating certain controls can restrict the pool of potential merchants, as well as learning about many sources and techniques for verifying ecommerce merchants coming from all over the world.
  • what can you expect to get out of this course? (1) What are the four main factors contributing to the risk of a merchant? (2) What are credit controls, how are they used, and how do they affect an acquirer’s pool of potential merchants? (3) How can I verify a merchant from the U.S., EU, or elsewhere and know they are a legally registered business?
  • Training Objectives: (1) Be able to discuss and define the factors that attribute to the risk of underwriting a merchant. (2) Understand the controls used to mitigate the credit risk and fraud risk of a merchant. (3) Be able to identify and use techniques and sources for validating the legitimacy of a merchant.
  • Expected time to complete the course: 120 minutes (includes session tests and final exam).
  • course access & availability. Unrestricted - In-House and Webinar
  • Pricing & Online enrollment. Take this track online for only $200 by enrolling now.
  • we want 100% customer satisfaction. There is nothing worse than signing up for training only to find out that it wasn't on the topic you expected, or it wasn't advanced enough to provide value. If you have any doubt about the fit of a course to your particular needs, please give us a call. We will be happy to discuss the course, and to provide a more detailed overview on the content to ensure you make the most of your training dollars and time.
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did you
know

Card present (CP) versus card not present (CNP) transactions.

Consumer-present (CP) and consumer-not-present (CNP) are a spin on the credit-card industries’ definition of payment transactions. The credit card industry describes purchases as being either “card-present” or “card-not-present.” The difference between the two is the presence of the physical card. If a merchant processes a transaction in which the consumer physically gives the card to process the order, the transaction is considered card-present. If the merchant doesn’t take physical possession of the card to process the order, such as in the case of a telephone order, it is considered a card-not-present transaction.  Our training courses will be talking about fraud from any payment type, but the concepts of card present and card not present still hold true; thus the reason for the generalization of the concept to CP and CNP. It is important to understand the fraud-prevention techniques used in the CP world do not translate to the CNP world. There are a number of books and training courses available for preventing fraud in the CP space, but very few resources for the CNP space. The specific payment options and fraud-prevention techniques discussed in these courses are designed specifically for the CNP space and will provide far better results for merchants in their CNP channels.

 

program overview

      • SCORM compliant
      • Available 24x7
      • Practice quizzes, progress tracking
      • Final Exams
      • Certificates of completion
      • Fast reliable online presentation
      • Easy to use and understand
      • Courses are broken down into 7 to 18 minute lessons to make it easier to find the time to complete the lessons with a busy schedule
      • View a sample of our training portal learning environment

trainingcourses

  • Read Moreintroduction to ecommerce merchant underwriting considerations.

    Attendees of this course can expect to learn about the factors and traits of a merchant that influence their level of risk, the various controls acquirers use to mitigate risk and how mandating certain controls can restrict the pool of potential merchants, as well as learning about many sources and techniques for verifying ecommerce merchants coming from all over the world.

  • Read Moreecommerce merchant fraud signals.

    In this session we first define different types of Merchant Fraud then address many signals high risk merchants may show while providing examples for each. This session additionally considers many different signals that can be present when using various anti-fraud tools.

  • Read Moretalking to merchants about managing ecommerce fraud in a business.

    Learn how to convey a management perspective on theories, best practices and methods to manage fraud with ePayments.  This session covers fraud exposure with ePayments, methods to balance and optimize risk exposure, methods to measure the health of a risk mitigation program; as well as methods to set a more productive mindset for risk mitigation in a company.

  • Read Moreintroduction to ecommerce credit card payments.

    Covers the credit card process flow defining each of the "payment players"; reviews payment concepts such as authorizations, settlements, reversals, chargebacks and the credit card association's high risk programs.