Anatomy of the Swipe - Payments 101
Anatomy of the Swipe - Payments 101
9.4
(36 ratings)
3 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
Do you want to land a job in the payments or Fintech industry?
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.
9.4
(36 ratings)
Who we've worked with
Curt Leister
Luziane Cavalcanti
Brad Bach
Join an upcoming cohort
Anatomy of the Swipe - Payments 101
July 2023
$1,195 USD
Dates
July 10 - 13, 2023
Payment Deadline
July 9, 2023
Meet your instructors
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!
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!
Join an upcoming cohort
Anatomy of the Swipe - Payments 101
July 2023
$1,195 USD
Dates
July 10 - 13, 2023
Payment Deadline
July 9, 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.
March 2023: Course schedule
After Work Hours US Time: 4-6 hours
Day 1: Monday March 6, 2023
6:00pm - 8:00pm CT (Chicago)
Card Based Payments and the Payments Ecosystem
Day 2: Wednesday March 8, 2023
6:00pm - 8:00pm CT (Chicago)
Revenue Models in Payments
Money Movement
Day 3: Thursday March 9, 2023
6:00pm - 8:00pm CT (Chicago)
Non-Card Payments
- ACH
- RTP
- Digital Wallets (Venmo and CashApp)
Join an upcoming cohort
Anatomy of the Swipe - Payments 101
July 2023
$1,195 USD
Dates
July 10 - 13, 2023
Payment Deadline
July 9, 2023
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?
Join an upcoming cohort
Anatomy of the Swipe - Payments 101
July 2023
$1,195 USD
Dates
July 10 - 13, 2023
Payment Deadline
July 9, 2023
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