Prepaid Academy: Prepaid Program Management LLC

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Introduction to Payments

Introduction to Payments (Required)

Learn about the payment card industry and how the card works.

Course Content

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Lessons Status
1

What is a Prepaid, Debit and Credit Card
  • How Is A Prepaid Card Different
  • How Does A Payment Card Work
  • Different Roles in Payments
  • What Makes Up A Payment Card
  • Revenue Opportunities
  • Expense Opportunities

2

Types of Prepaid Cards
  • GPR
  • Payroll
  • Gift
  • Incentive
  • Corporate
  • Benefits
  • Open Loop vs Closed Loop

3

Payment Card Fees
  • Types of Fees

4

Features
  • Purchases
  • Preauthorizations
  • Cash Withdrawal
  • Loading Cash
  • Bill Pay
  • Checks
  • Purses
  • Savings
  • Wallets
  • Remote Check Capture
  • Card to Bank Withdrawals

5

ATMs
  • ATM Fees
  • In Network ATMs
  • Depositing Checks
  • Incurring Fees from the Network
  • ATM Disputes

6

Disputes
  • Chargebacks
  • Dispute Process Overview
  • Provisional Credit
  • Forced Post Chargebacks

7

International Usage
  • Currency Conversion
  • OFAC for International Usage
  • International Loads
  • Mailing Cards

8

Card Packet
  • Carrier
  • Card Plastic
  • Activation Sticker
  • Cardholder Agreement
  • Buck Slip
  • Envelope
  • Card Destruction

9

Load Options
  • Direct Deposit
  • Credit Card
  • Bank to Card
  • Batch Loads
  • Cash Loads
  • API
  • Bitcoin and Cryptocurrency

10

Rules and Regulations
  • Government
  • PCI
  • Network Rules
  • Bank Requirements

11

Final Word

About The Author

Jake Posey

Contents

What is a Prepaid, Debit and Credit Card
  • How Is A Prepaid Card Different
  • How Does A Payment Card Work
  • Different Roles in Payments
  • What Makes Up A Payment Card
  • Revenue Opportunities
  • Expense Opportunities
Types of Prepaid Cards
  • GPR
  • Payroll
  • Gift
  • Incentive
  • Corporate
  • Benefits
  • Open Loop vs Closed Loop
Payment Card Fees
  • Types of Fees
Features
  • Purchases
  • Preauthorizations
  • Cash Withdrawal
  • Loading Cash
  • Bill Pay
  • Checks
  • Purses
  • Savings
  • Wallets
  • Remote Check Capture
  • Card to Bank Withdrawals
ATMs
  • ATM Fees
  • In Network ATMs
  • Depositing Checks
  • Incurring Fees from the Network
  • ATM Disputes
Disputes
  • Chargebacks
  • Dispute Process Overview
  • Provisional Credit
  • Forced Post Chargebacks
International Usage
  • Currency Conversion
  • OFAC for International Usage
  • International Loads
  • Mailing Cards
Card Packet
  • Carrier
  • Card Plastic
  • Activation Sticker
  • Cardholder Agreement
  • Buck Slip
  • Envelope
  • Card Destruction
Load Options
  • Direct Deposit
  • Credit Card
  • Bank to Card
  • Batch Loads
  • Cash Loads
  • API
  • Bitcoin and Cryptocurrency
Rules and Regulations
  • Government
  • PCI
  • Network Rules
  • Bank Requirements
Final Word
Prepaid Academy: Prepaid Program Management LLC Copyright © 2026.
 
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