Clearing and Settlement for Credit Card Transactions
What will I learn?
You will learn how four-party card networks move value from a card swipe to final fund transfer, and exactly where clearing and settlement fit in that flow. You will understand how authorization data feeds clearing files, how interchange fees are calculated and applied, and how net settlement positions are determined. You will gain hands-on knowledge of chargeback reason codes, representment procedures, and dispute escalation paths. The course also covers reconciliation controls at the merchant, acquirer, and issuer levels, plus fraud liability allocation and operational fraud controls in settlement. By the end, you will be equipped to design KPI dashboards, evaluate processing models, and assess the impact of tokenization and real-time payments on your operations.
Elevify advantages
Develop skills
- Clearing File Construction: Build, validate, and submit clearing batches that meet network specifications.
- Net Settlement Calculation: Reproduce gross-to-net settlement math from raw clearing and interchange data.
- Chargeback Dispute Management: Execute the full dispute lifecycle from initiation through arbitration and representment.
- Reconciliation Framework Design: Map control points across authorization, clearing, and settlement layers accurately.
Suggested summary
Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students are saying
Your classes are perfect. I purchased the one-year package and finally have the opportunity to follow various topics of interest without needing to switch platforms... I thank you for everything you do, I've already recommended you to other people...
I like how the lessons are straight to the point and how I can change chapters and skip content I don't need.
I like the content and the presentation style and video transcription, which speeds up the process!
The platform is fast, simple to use. The diversity of content and complementary videos really help with learning.
FAQ
Who is Elevify? How does it work?
Do the courses have certificates?
Are the courses free?
What is the course workload?
What are the courses like?
How do the courses work?
What is the duration of the courses?
What is the cost or price of the courses?
What is an EAD or online course and how does it work?
PDF Course