Merchant acquiring and payment processing
How card and alternative payments flow for merchants: authorisation, clearing, settlement, acquirer and gateway roles, pricing (interchange plus, blended MDR), risk and onboarding of merchants.
Also described as
- 3DS
- acquiring
- interchange
- interchange++
- MDR
- merchant acquiring
- payment gateway
- PSP
- authorisation
- clearing
- settlement
- tokenisation
Tools
- Adyen
- Checkout.com
- Nuvei
- Stripe
- Worldpay
Roles that need it
Where the weights come from
The weight is this skill's share of each role; the weights of one role add up to 100 percent.
Source: the EFO role catalogue, built from the ESCO classification and reviewed by the editors.
Critical for
Supporting in
- Payments Operations AnalystYour role
Processes where it is used
- Cards and merchant acquiring