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Anatomy of the Swipe - Payments 101

9.4

(36 ratings)

·

4 Days

·

Cohort-based Course

Learn payment system fundamentals to unlock multi-billion dollar opportunities.

Hosted by

Ahmed Siddiqui and Ricky Graziosi

Author of The Anatomy of the Swipe, Product at Branch, Product at Marqeta

Course overview

Go from Payments Novice to Payments Hero in 1 Week

Does understanding payment systems exhaust you?


In this 1-week cohort, you’ll learn how these systems impact your everyday life like buying your favorite Starbucks coffee. 


You’ll have the understanding needed to build that next billion-dollar fintech.

Who is this course for?

01

You are a Startup Founder building in the fintech space, but you don't know how payments will impact your business model.

02

You just got a job at a hot fintech or payments company and you want to start adding value immediately.

03

You are getting into the payments and fintech space for the first time and want to have a good foundation to build your career.

Key outcomes

You’ll have a better understanding of the payments ecosystem

You’re not sure what problems needed solving. By diving deep into the payments ecosystem, you'll get a great understanding of how money is made for all parties, and where there are opportunities for innovation.

Understand Revenue Streams in Payments

Much like Ad based businesses, consumers typically don't pay fees to use financial services. Then how is money actually made for all parties in the payments ecosystem? Learn how interchange flows and how people build entire businesses on this concept.

Meet others in the payments and fintech space

Building a payments or fintech company can get lonely. Meet other individuals just like you in this cohort. It will be an amazing opportunity to build life-long connections.

One-on-One help for your payments or fintech company

Work with people in your cohort and the instructor on how you will leverage payments in your company or startup.

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Join an upcoming cohort

Anatomy of the Swipe - Payments 101

February 2023

$995 USD

Dates

Feb 6 - 9, 2023

Payment Deadline

Feb 6, 2023

March 2023

$995 USD

Dates

Mar 6 - 9, 2023

Payment Deadline

Mar 6, 2023

Meet your instructors

Ahmed Siddiqui

Ahmed Siddiqui

I lead product and payments for Branch which is a venture backed, high growth, payments startup. But in its early years, it wasn't into payments, and to get the team up to speed, I wrote a book called "The Anatomy of the Swipe".


I published the book back in 2020, and came to realize that some amazing payments and fintech companies such as Stripe, Square, Marqeta, Galileo, Lithic, Treasury Prime, Canopy, and Finix, also started using it to help their new employees onboard.


Prior to this, I was VP, Product at Modern Card Issuer, and Fintech Unicorn, Marqeta (MQ). This is where I learned all about payments by stumbling my way through it.


I have a lot of battle scars through these experiences, and I hope that I can get you up to speed on everything I've learned in 1 week. Hope you will join me on this payments journey!


LinkedIn Profile

Ricky Graziosi

Ricky Graziosi

I lead Digital Wallets and Tokenization for Marqeta (MQ), a leading Card Issuer/Processor. Previously I was a technical product manager at PayPal, working on the core processing platform, and also consult for fintech startups generally working on banking as a service or issuing platforms.


I love learning, but am particularly interested in the payments space along with all that crosses into it. I am assisting Ahmed in teaching the course and can't wait to meet all of you who join!


LinkedIn Profile

A pattern of wavy dots
Join an upcoming cohort

Anatomy of the Swipe - Payments 101

February 2023

$995 USD

Dates

Feb 6 - 9, 2023

Payment Deadline

Feb 6, 2023

March 2023

$995 USD

Dates

Mar 6 - 9, 2023

Payment Deadline

Mar 6, 2023

Course syllabus

01

Payments Ecosystem Overview

  • Learn about the different players in the payments ecosystem, and bring it into a real life situation you can relate with.
  • We'll go through all of the elements of the Payments Ecosystem including Issuers, Acquirers, Banks, and Card Networks.
  • We'll talk about the players in the space and some innovations happening.

02

Money Movement

  • We'll talk about how money actually moves. What happens at time of authorization, and what happens at time of clearing.
  • What is the role of the banks and networks?
  • Discuss timing of money movement and what types of opportunities could exist because of this timing.
  • Challenges with moving money in real time

03

Other Money Movement Methods

  • ACH/EFT
  • Peer-to-Peer (Venmo, Zelle, Cashapp)
  • RTP
  • Push to Card (Visa Direct and Mastercard Send) - Also referred to as OCT

04

Card Types and Merchant Types

You'll be able to distinguish between the following card types:

  • Credit vs Debit
  • Commercial vs Consumer
  • Durbin vs Durbin Exempt


You'll be able to distinguish between the following merchant types:

  • Online vs Offline
  • Interchange Fixed Pricing vs Interchange Plus Pricing
  • High Risk vs Low Risk

05

Revenue Models in Payments

We'll discuss how all parts of the the ecosystem make money.

  • What is the motivation of the merchant?
  • What is the motivation of the merchant processor?
  • What is the motivation of the card issuer?
  • What is the motivation of the card network?


We'll also walk through the Payments Mocha and how revenue is made for all parts of the payments ecosystem.

Cohort 6P: Course Schedule

After Work Hours US Time: 4-6 hours
  • Day 1: Monday December 5, 2022

    5:00pm - 7:00pm CT (Chicago)

    Card Based Payments and the Payments Ecosystem

  • Day 2: Wednesday December 7, 2022

    5:00pm - 7:00pm CT (Chicago)

    Non-Card Based Payments and how money moves

  • Day 3: Thursday December 8, 2022

    5:00pm - 7:00pm CT (Chicago)

    Revenue Models in Payments

Cohort 7P: Course schedule

After Work Hours US Time: 4-6 hours
  • Day 1: Monday February 6, 2023

    5:00pm - 7:00pm CT (Chicago)

    Card Based Payments and the Payments Ecosystem

  • Day 2: Wednesday February 8, 2023

    5:00pm - 7:00pm CT (Chicago)

    Revenue Models in Payments

    Money Movement

  • Day 3: Thursday February 9, 2023

    5:00pm - 7:00pm CT (Chicago)

    Non-Card Payments

    • ACH
    • RTP
    • Digital Wallets (Venmo and CashApp)

Cohort 8P: Course schedule

After Work Hours US Time: 4-6 hours
  • Day 1: Monday March 6, 2023

    5:00pm - 7:00pm CT (Chicago)

    Card Based Payments and the Payments Ecosystem

  • Day 2: Wednesday March 8, 2023

    5:00pm - 7:00pm CT (Chicago)

    Revenue Models in Payments

    Money Movement

  • Day 3: Thursday March 9, 2023

    5:00pm - 7:00pm CT (Chicago)

    Non-Card Payments

    • ACH
    • RTP
    • Digital Wallets (Venmo and CashApp)
A pattern of wavy dots
Join an upcoming cohort

Anatomy of the Swipe - Payments 101

February 2023

$995 USD

Dates

Feb 6 - 9, 2023

Payment Deadline

Feb 6, 2023

March 2023

$995 USD

Dates

Mar 6 - 9, 2023

Payment Deadline

Mar 6, 2023

Who we've worked with

Who we've worked with

Active, not passive

This course focuses on live workshops and hands-on projects

Learn with a cohort of peers

Surround yourself with like-minded people who want to grow alongside you

Frequently Asked Questions

What happens if I can’t make a live session?
I work full-time, what is the expected time commitment?
What’s the refund policy?
A pattern of wavy dots
Join an upcoming cohort

Anatomy of the Swipe - Payments 101

February 2023

$995 USD

Dates

Feb 6 - 9, 2023

Payment Deadline

Feb 6, 2023

March 2023

$995 USD

Dates

Mar 6 - 9, 2023

Payment Deadline

Mar 6, 2023

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$995 USD

9.4

(36)

·

4 Days