Understanding
Modern Payment
Mechanisms (Global preview)

The evolution of payment systems is driven by the demand for speed, efficiency, and reliability in financial transactions. This session focuses on three pivotal types of payment systems: Real-Time Gross Settlement (RTGS), low-value instant payment systems, and hybrid retail payment systems.

Delivery Mode: Virtual Instructor led Training (VILT)
Duration: 4 hours
Dates: 1st Friday of each month
Time: 6.00 PM to 10.00 PM IST
Registration Open

Modules

Participants will gain a comprehensive understanding of RTGS operations, proxy- based instant payment mechanisms, and hybrid payment workflows. Additionally, the session delves into the adoption of ISO 20022, which standardizes financial messaging globally to ensure seamless interoperability across payment systems.

Close-up of a hand holding US dollar bills and a smartphone outdoors, showcasing financial technology.

Real-Time Gross Settlement Systems (RTGS)

Hands using mobile for contactless payment at café terminal.

Instant
Retail
Payment Systems

Close-up of a person holding a credit card while using a laptop for online shopping.

Hybrid
Retail
Payment Systems

A dollar bill imprisoned in a decorative cage symbolizing financial confinement.

ISO 20022 and Standardization in Payment Systems

Key Learning Outcomes

This course provides participants with a solid foundation in advanced payment mechanisms, equipping them with the knowledge to navigate and contribute to the evolving payment landscape.

01

Understand
RTGS Operations

02

Comprehend Instant Payment Mechanisms

03

Explore Hybrid Payment Systems

04

Learn ISO 20022 Standards

Lets Work Together

If you are looking for specific trainings, or wish to collaborate, do reach out to me!