This course provides insight into the overall payments structure in the US for credit card processing. It addresses the payment process flow at a high level, the economics of the transaction, and the need for risk management.
The course assists individuals in understanding Intuit’s role in the payment cycle and its impact on the various merchant and banking relationships.
NOTE: This course was created from an original recording of a web-meeting. Apologies for any distraction due to people joining and leaving the call.
Prerequisites
No advanced preparation or prerequisites are required for this course.
Learning Objective
- Discover the overall Payments cycle and identify key participants in the process
- Recognize the transaction economics and driver of revenue as it correlates to Intuit
- Identify the risks faced by Intuit and recognize the current methods of risk management
Last updated/reviewed: March 14, 2024
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Aleksandr Sutkin
Director of Finance
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INTRODUCTION AND OVERVIEW
- Introduction to Intuit’s Payments Business 2:17
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Payments
- The 2 Basic Structures 4:07
- Basic Credit Card Transaction Flow 5:02
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Economics
- What's in it for us? 10:03
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Risk Management
- Risk Management 9:35
- Our Credit / Fraud Risk 6:43
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Continuous Play
- INTUIT: Payments 101: An Introduction to Intuit’s Payments Business 37:47
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SUPPORTING MATERIALS
- Slides: Payments 101 PPT
- Payments 101 Glossary/Index PDF
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REVIEW & TEST
- REVIEW QUESTIONS quiz
- FINAL EXAM exam
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