BUS014 - Credit Card Processing 101

This course provides you with important information about how the credit card system works, some things to watch out for and your responsibilities as a merchant.

Learning objectives:

1. Identify the major players in the credit card system and the role each plays; 
2. Explain the reasons why people use credit cards; 
3. Explain how the credit card process works; 
4. Describe how the credit card system protects you, the merchant; 
5. Explain the chargeback process, and identify five ways to avoid chargebacks; 
6. Describe at least four features that an e-commerce Web host should be able to provide you in order to accept credit card payment over the Internet. 
7. To successfully complete this course, you must attain a minimum score of 80% on the final exam and complete the course training survey.

Continuing education: 1.0 Category II CPE credits by the Board for Orthotist/Prosthetist Certification (BOC); VGM Education is authorized by IACET to offer 0.2 CEUs for this program.