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Payment Systems, Processing and Settlement

How modern payment systems actually work, from instrument and channel through to clearing and settlement. The programme concentrates on operational efficiency, reconciliation, exception management and the risks that sit inside domestic and cross border payments.

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Register for this course

What you will be able to do

  • Explain the structure and operation of modern payment systems
  • Understand the different payment instruments and channels
  • Map the payment transaction lifecycle
  • Understand payment processing, routing and authorization
  • Explain clearing and settlement mechanisms
  • Improve reconciliation and exception management
  • Identify payment, settlement and liquidity risks
  • Strengthen payment operational controls
  • Improve payment processing efficiency and resilience

Course outline

  1. 01Introduction to payment systems, the ecosystem and its participants
  2. 02Payment instruments, channels and account to account payments
  3. 03Card payments, mobile and digital payments, electronic funds transfers
  4. 04Payment gateways, processors and payment infrastructure
  5. 05Domestic and cross border payments
  6. 06Practical: mapping the payment ecosystem
  7. 07The payment transaction lifecycle and payment initiation
  8. 08Authorization, validation and transaction routing
  9. 09Clearing processes, settlement models, net and gross settlement
  10. 10Reconciliation, exception management, failed and rejected transactions
  11. 11Refunds and reversals
  12. 12Practical: payment processing and reconciliation exercise
  13. 13Payment operational risk, settlement risk and liquidity considerations
  14. 14Fraud and financial crime risks, payment security and transaction monitoring
  15. 15Reconciliation controls, business continuity and operational resilience
  16. 16Case study: managing payment processing failures
  17. 17Payment performance indicators
  18. 18Practical: developing payment operational controls

Who should attend

Payment operations personnel, banking operations managers, payment processing professionals, treasury and settlement teams, clearing and reconciliation teams, finance professionals, payment service providers, FinTech professionals, risk and compliance personnel, payment systems professionals, operations managers and internal auditors.

Dates, venues and fees

DatesVenueDaysFeeCalendarRegister
28 to 30 Sep 2026Lagos3US$1,500Closed
29 Sep to 1 Oct 2026Cairo3US$1,500Register
30 Sep to 2 Oct 2026Mauritius3US$1,500Register
5 to 7 Oct 2026Dubai3US$1,500Register
6 to 8 Oct 2026Online3US$900Register
2 to 4 Nov 2026Johannesburg3R13,000Register
3 to 5 Nov 2026Cape Town3R13,000Register
4 to 6 Nov 2026Durban3R13,000Register
9 to 11 Nov 2026Pretoria3R13,000Register
10 to 12 Nov 2026Windhoek3US$1,500Register
11 to 13 Nov 2026Gaborone3US$1,500Register
16 to 18 Nov 2026Maseru3US$1,500Register
17 to 19 Nov 2026Mbabane3US$1,500Register
18 to 20 Nov 2026Lusaka3US$1,500Register
23 to 25 Nov 2026Harare3US$1,500Register
24 to 26 Nov 2026Lilongwe3US$1,500Register
25 to 27 Nov 2026Blantyre3US$1,500Register
30 Nov to 2 Dec 2026Mozambique3US$1,500Register
1 to 3 Dec 2026Nairobi3US$1,500Register
2 to 4 Dec 2026Dar es Salaam3US$1,500Register
7 to 9 Dec 2026Kigali3US$1,500Register
8 to 10 Dec 2026Kampala3US$1,500Register
9 to 11 Dec 2026Accra3US$1,500Register

Fees are per delegate. South African venues are priced in rand; other locations and online in US dollars. Fees exclude 15% VAT where applicable. Group bookings of three or more delegates from the same organisation qualify for a reduced rate; contact us for a quotation.

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