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The Future of Payment Technologies

Approx. 7 hours to complete

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Course Summary

This course covers the impact of technology on the payments industry and the evolution of various payment methods.

Key Learning Points

Gain insights into the latest developments in the payments industry
Learn about the impact of technology on payment methods
Understand the future of payments and the role of technology in it

Learning Outcomes

Ability to analyze the impact of technology on the payments industry
Understanding of the future of payments and emerging payment methods
Ability to evaluate the regulatory environment of payments

Prerequisites or good to have knowledge before taking this course

Basic knowledge of the payments industry
Familiarity with technology trends

Course Difficulty Level

Intermediate

Course Format

Self-paced
Online
Video lectures

Similar Courses

Digital Payments
Fintech: Foundations & Applications of Financial Technology

Related Education Paths

Notable People in This Field

Chris Skinner
Brett King

Related Books

Description

Discover the future of payment technology, from mobile payments to tokenization.

In this course, you will learn new ways of making payments from consumer-to-business (C2B), from consumer-to-consumer (C2C), and from business-to-business (B2B). You will explore current payment system technologies to examine their strengths and weaknesses, and understand the ways technological innovation is changing these traditional systems. You’ll learn about new front-end innovations like digital wallets and mobile payments and also discover back-end innovations like tokenization, mobile money, and new payment infrastructure.

Knowledge

Explain how current payment systems operate.
Describe inefficiencies in current practices in the processing of payments.
Relate new technological innovations to current inefficiencies.
Build value propositions for new technologies in the payment space.

Outline

Introduction and What is FinTech?
Fintech Innovations: Series Map and Learning Goals
Fintech Innovations: Series Introduction
Syllabus
Help Us Learn More About You!
Learning from a Case

Digital Wallets
Introduction to Fintech Innovations in the Payment Sector
The Checking System and the Importance of Financial Intermediation
Electronic Fund Transfers Using Automated Clearing House (ACH)
Pure Digital Wallets
From Pure Wallet to Payment Ecosystem
Social-Network-Based Payment Innovations
Case Reading: The FinTech Island Story
Case Reading: Let the Adventure Begin!
Case Discussion Participation
End of Module Quiz

Credit Card Innovations
Origin of the Credit Card network
Credit Card Network: Key Stakeholders and Business Models
The credit card network: advantages and inefficiencies
Innovations that Make Credit Card Transactions More Secure
Innovations that Make Credit Card Transactions More Secure (con't)
Innovations that Expand Credit Cards’ Customer Base
Case Reading: FinTech Island Continued
Case Reading: FinTech Island Continued
Case Discussion Participation
End of Module Quiz

Payment Technology in Emerging Markets
M-Pesa: PayTech in Developing Markets
M-Pesa: Business Model
M-Pesa: Business Model Continued
PayTech in India
Case Reading: FinTech Island Wrap-Up
Course Feedback
Keep Learning with Michigan Online
Case Discussion Participation
End of Module Quiz

Summary of User Reviews

Learn about payment technologies through Coursera's Paytech course. This highly-rated course has received many positive reviews from users. Many users have highlighted the course's practical approach to the subject matter.

Key Aspect Users Liked About This Course

Practical approach to payment technologies

Pros from User Reviews

The course offers a great overview of payment technologies and their impact on the financial industry.
The instructors are knowledgeable and engaging.
The course is well-structured and easy to follow.
The course provides practical examples and case studies to help learners understand the subject matter better.

Cons from User Reviews

Some users found the course to be too basic and not challenging enough.
The course may not be suitable for learners who are looking for an in-depth analysis of payment technologies.
Some users experienced technical difficulties while taking the course.
The course may be too focused on the American financial industry for some learners.
Some users found the course to be too expensive.

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