Payment Option Matchmaking
Between traditional payment methods and new payment options, it is understandable how financial institutions and their customers may become confused by all of the choices. Previous courses have explained the what of payment options; this course explores the why. Faculty guide students through scenarios to determine which payment method most fits a customer's needs. Decisions are based on timing, functionality, regulatory concerns, information that comes with the payment, and an organization's overall risk profile - but be careful, one payment option might not be enough.