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Introduction to Payment Fraud - 6673

This course is eligible for 1 ETA CPP credit hour.
Target level:  Introductory
Estimated time to complete: 60-90 minutes

Did you know that in 2022 alone, more than US$4BN was lost in the form of payment fraud?  As someone working in payments, what should you know and what can you do to help manage risk and loss? In this course, you will explore how the payments ecosystem works with a focus on credit card transactions and the various parties involved so you can understand authorization flows and learn the key introductory terms.  We will distinguish between payment fraud and payment risk and look at some common forms of each.  Throughout the course, you will have opportunities to check your knowledge so that you are confidently moving forward.  This course will start you on the pathway to understanding the role of payment professionals in managing payment risk and will serve as a foundation for future courses which will explore specific topics related to payment fraud and risk in greater detail. 

About M@Cademy Courses

All M@Cademy courses are asynchronous and virtual.  You can take it at your pace, and when you want.  You may leave and return. There is no live instructor requiring your presence online at certain points of the day or the week.  At the end of the course, there is a short assessment.  You must complete this assessment in order to have any eligible ETA CPP or other credits show up on your Educational Transcript.

Once you register for the course, you will receive an email confirmation with additional information.  This email will come from APP M@Cademy-noreply ( You can access your current M@Cademy courses via

Before purchasing this course, please review the terms and conditions.  Once you open a course within M@Cademy, you will not be able to receive a refund if you choose to cancel the course.  You will have access to the course for 12 months once purchased.

Non-Member Price: $125
Member Price: $99