Discover what you need to know about the unregulated merchant credit card processing industry as well current cybersecurity developments and security awareness.
DESIGNED FOR
CPAs and accountants in public practice
BENEFITS
- Understand the complex credit card processing ecosystem, including the varied players, the transaction lifecycle, processing methods, how to read a statement, timely issues surrounding surcharging programs and the rise in security breaches.
- Gain solutions and understand measures a company should implement to mitigate cybersecurity risks.
HIGHLIGHTS
EBITDA:
- Identify the real costs of payment processing and the silent equity partner you didn’t know you have.
- Recognize where the hidden fees are on a statement, how to identify them and how to optimize a payment system.
- Describe the lifecycle of a transaction and who gets paid on each transaction.
- Review the difference between surcharging and cash discount programs, how to be compliant in New Jersey and what you need to know as an accountant.
- Understand PCI compliance and how to mitigate additional risks.
- Understand where opportunities to add more to your client's bottom line exist.
Intersection of Cybersecurity and Partnerships:
- Microsoft security breach
- CyberSource
- Firewalls
- Security awareness
- Compliance
- Mitigate risk
COURSE LEVEL
Basic