Buy Now, Pay Later (BNPL)
The Buy Now, Pay Later is a comprehensive course designed for industry professionals, merchants, financial experts, and consumers eager to understand the burgeoning world of BNPL services. As a financing solution that has revolutionized the retail and e-commerce sectors, BNPL offers both opportunities and challenges that stakeholders must navigate with knowledge and caution.
MRC Members: USD $75 (plus applicable taxes)
Non-members: USD $150 (plus applicable taxes)
Merchants will gain insights into the myriad of advantages BNPL services offer, while also dissecting the potential drawbacks that may impact business operations and customer relations. By the end of this course, learners will have the tools to make informed decisions about implementing or using BNPL services, understanding their broader economic impact, and strategizing their position in this fast-evolving financial landscape.
FAQs
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- New Payments and Fraud Team Members seeking a clear introduction to the chargeback process.
- eCommerce Staff and Customer Support Representatives handling transaction issues and customer disputes.
- Small Business Owners and Merchants looking to reduce chargeback losses and understand their rights and responsibilities.
- Payment Professionals building foundational knowledge to support further chargeback management strategies.
- New Payments and Fraud Team Members seeking a clear introduction to the chargeback process.
- eCommerce Staff and Customer Support Representatives handling transaction issues and customer disputes.
- Small Business Owners and Merchants looking to reduce chargeback losses and understand their rights and responsibilities.
- Payment Professionals building foundational knowledge to support further chargeback management strategies.
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- Define Buy Now, Pay Later
- Define the benefits to key stakeholders
- Outline the BNPL process and explain the credit checks and approval processes.
- Identify the technology behind BNPL.
- Identify the advantages and possible drawbacks BNPL offers merchants
- Explain how chargeback process for merchants when utilizing BNPL
- Describe how merchants choose BNPL platforms that works best for them
- Explain how merchants can optimize the checkout experience as a BNPL best practice.
- Describe the best practices for managing risks with BNPL.
- Describe the evolving landscape of BNPL services.
- Identify strategies necessary for long-term planning in the BNPL landscape.
Please allow approx. 1.5 hours to complete this course. The course culminates with a comprehensive final assessment to evaluate the user's comprehension of the material. Upon successfully completing the final assessment, participants will be awarded a certificate of completion and CPE credits representing their proficiency in the subject matter.
- Define Buy Now, Pay Later
- Define the benefits to key stakeholders
- Outline the BNPL process and explain the credit checks and approval processes.
- Identify the technology behind BNPL.
- Identify the advantages and possible drawbacks BNPL offers merchants
- Explain how chargeback process for merchants when utilizing BNPL
- Describe how merchants choose BNPL platforms that works best for them
- Explain how merchants can optimize the checkout experience as a BNPL best practice.
- Describe the best practices for managing risks with BNPL.
- Describe the evolving landscape of BNPL services.
- Identify strategies necessary for long-term planning in the BNPL landscape.
Please allow approx. 1.5 hours to complete this course. The course culminates with a comprehensive final assessment to evaluate the user's comprehension of the material. Upon successfully completing the final assessment, participants will be awarded a certificate of completion and CPE credits representing their proficiency in the subject matter.
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- Program Level: Basic
- Program Field of Study: Specialized Knowledge
- Program Delivery Method: QAS Self Study
- CPE Credits: 1.5
- Advanced Preparation and/or Pre-requisites: None
- Program Level: Basic
- Program Field of Study: Specialized Knowledge
- Program Delivery Method: QAS Self Study
- CPE Credits: 1.5
- Advanced Preparation and/or Pre-requisites: None
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Refund Policy: Refunds and cancellations are determined on a case-by-case basis. Cancellations must be communicated in writing to programs@merchantriskcouncil.org. No refunds will be issued once a course has been started.Refund Policy: Refunds and cancellations are determined on a case-by-case basis. Cancellations must be communicated in writing to programs@merchantriskcouncil.org. No refunds will be issued once a course has been started.
The Merchant Risk Council is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: nasbaregistry.org