If you're new to payments, this is one you won't want to miss. Gain an understanding of the business of payments without spending days or thousands of dollars on a course. We'll go through payment networks, funding options, chargebacks, and everything you need to know to accept payments efficiently.

1. PayPal 101: PAYMENTS FOR DEVELOPERS Jason Korosec, General Manager, PayPal Platform, Product Management

5. PAYMENTS REQUIRE TWO OR MORE PARTIES Sender Receiver Objective Consumer Merchant Purchase Consumer Internet merchant Internet Purchase Employer Employee Payroll Parent Child Allowance Originator Recipient Remittance Person (giver) Charity Gift Consumer Biller Bill Payment Person (giver) Person p2p gift Business Supplier b2b payment Citizen Government Taxes, Licenses… As a developer, the sender and receiver may have many different names, depending on their role and objective.

6. MEETING THE OBJECTIVES OF EACH PARTY Sender Receiver Objective Consumer Merchant Purchase Consumer Internet merchant Online purchase Employer Employee Payroll Parent Child Allowance Originator Recipient Remittance Person (giver) Charity Gift Consumer Biller Bill payment Person (giver) Person p2p gift Business Supplier b2b payment Citizen Government Taxes, licenses…

8. WHEN A CREDIT CARD IS SWIPED The usage of the card is authorized by the issuer in real time . Credit Card Acquirer Issuer Payment System Consumer Merchant

9. HOW THE MONEY MOVES The authorizations are captured immediately and settled in batch. Credit Card Acquirer Issuer Payment System Consumer Merchant

10. CHARGEBACKS Consumers have the right to chargeback transactions. Credit Card Acquirer Issuer Payment System Consumer Merchant

11. CHARGEBACKS Consumers have the right to chargeback transactions. Credit Card Acquirer Issuer Payment System Consumer Merchant The funds are withdrawn from the merchant’s account and credited to the consumer’s account. Attend the session titled “Leading Strategies in Fighting Fraud and Reducing Risk” to learn more about dispute resolution.

12. DEBIT CARD DIFFERENCES Debit Card Acquirer Issuer Payment System Consumer Merchant

13. DEBIT CARD DIFFERENCES Debit Card Acquirer Issuer Payment System Consumer Merchant With debit cards, processed as a debit card, the authorization transaction and the settlement (capture) transaction are the same. Money movement is in real time.

14. BANK ACCOUNTS AND ACH ACH / Bank Account ODFI RDFI Payment System Consumer Merchant

15. BANK ACCOUNTS AND ACH ACH / Bank Account ODFI RDFI Payment System Consumer Merchant With Automated Clearing House (ACH), there is no authorization transaction. Money movement is batch.