Clearing and Settlement for Credit Card Transactions
Gain expertise in the complete credit card transaction lifecycle, from authorisation to settlement and general ledger posting. Learn to reconcile scheme files, identify mismatches, validate interchange and fees, and implement controls to safeguard revenue and minimise financial risks. This course equips you with practical skills for accurate and compliant card programme management.

from 4 to 360h flexible workload
certificate valid in your country
What will I learn?
Master the complete process of card clearing and settlement in this practical course. Understand how transactions progress from authorisation to funding, reconcile data from schemes, processors, and banks, and troubleshoot discrepancies. Develop skills in fee validation, foreign exchange handling, journal entries, and strong controls to ensure your card operations remain precise, compliant, and ready for audits daily.
Elevify advantages
Develop skills
- Mastery of card lifecycle: map authorisation, clearing, and settlement processes end-to-end.
- Expertise in GL posting: design journal entries, suspense accounts, and FX revaluation controls.
- High-precision reconciliation: create 3-way matches, tools, and exception handling workflows.
- Fee validation skills: recalculate interchange, scheme, and processor fees from raw data.
- Control framework design: establish KPIs, alerts, and reports for card settlement risks.
Suggested summary
Before starting, you can change the chapters and workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.What our students say
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