introduction toterm payments

Covers the typical credit terms process flow defining each of the "payment players"; reviews payment concepts such as credit risk, underwriting, bad debt, collections and 3rd party providers.

The following course is considered an introduction, and requires no previous knowledge or training on the subject matter.


This course was last updated in August, 2019 to include recent payment provider volume data and an updated discussion on the third party providers that support credit term payments in the United States and Europe.

HTML5 - compatible with all browsers and mobile devices.

  • Course synopsis. While credit term payments have been in use for a long time, there are increasingly more and more companies looking to payment term options to entice consumers to make purchases now that they might have put off until they had the disposable income to do so. Term payments provide a means to access the under-banked consumer markets as well as more affluent demographic markets. Term payments are not for everyone, and they come with some considerable risk to the merchant, but if implemented correctly it can provide a meaningful increase in sales conversion, and larger potential customer pools. The Introduction to Term Payments training session provides you with the fundamentals of building out a terms payment program.
  • what can you expect to get out of this course?(1) Gain a basic underlying understanding on the role, function and responsibilities of all of the potential entities that can be involved with credit term payments. (2) Be able to define the stages of a credit terms payment purchase detailing the physical money flow. (3) Gain an understanding of the financial liability of bad debt and fraud as well as the impact it can have on a business’s bottom line. (4) Be able to describe the traditional manner in which merchants setup and use term payments and how accepting term payments effects their operations.
    (5) Be able to discuss the effectiveness of fraud tools with credit term payments.
  • Training Objectives: (1) How do term payments work? (2) How does term payment processing affect merchants? (3) What are the common fraud tools needed for term payments?
  • Expected time to complete the course: 90 minutes (includes session tests and final exam).
  • course access & availability. Unrestricted - Online, In-House and Webinar
  • Pricing & Online enrolment. Take this course online for only $120 by enrolling now.
  • we want 100% customer satisfaction. There is nothing worse than signing up for training only to find out that it wasn't on the topic you expected, or it wasn't advanced enough to provide value. If you have any doubt about the fit of a course to your particular needs, please give us a call. We will be happy to discuss the course, and to provide a more detailed overview on the content to ensure you make the most of your training dollars and time.

did you

we have 13 free articles related to e-payments available in our fraud library.

Our Fraud Library is an excellent training resource offering free articles and references to get you started. In our fraud library you will find articles on taking credit card payments, the payment players, ACH payments, mobile payments, direct debit transactions as well as advertising payments to name a few...

read more

program overview

      • SCORM compliant
      • Available 24x7
      • Practice quizzes, progress tracking
      • Final Exams
      • Certificates of completion
      • Fast reliable online presentation
      • Easy to use and understand
      • Courses are broken down into 10 to 20 minute lessons to make it easier to find the time to complete the lessons with a busy schedule

The Fraud Practice