This course is an introduction to card payment authorizations and covers four key topics:

The impacts of authorizations in the payment ecosystem, the various types of authorization scenarios, the possible authorization outputs and what they mean, and, best practices to increase approval rates and avoid non-compliance and behavioral fees. 

The benefits of understanding and managing authorizations better include:

Cost savings through reduced non-compliance fees, reduced behavioral fees, reduced interchange downgrades, and, reduced expenses (SafetyNet, Reporting, etc.). Other benefits include increased revenue through higher approvals, increased ability to detect and prevent fraud, and, increased merchant satisfaction.