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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Course Overview

The course offers information on the processing of card payments, along with variations between older ‘magnetic stripe’ transactions and newer EMV primarily-based transactions. By utilizing this as a base, the Mobile Payment Security online course outlines specifically how payment solutions are being applied across the world on cell gadgets and smartphones, the variations between mobile issuance and mobile acceptance, and the way different varieties of payment methods and processes can be applied on these devices. Mobile Payment Security by edX consists of discussions of token carrier carriers and tokenization, their relation to traders and financial institutions, in addition to card transactions utilizing card readers, and the upward push of cell apps, cellular wallets, contactless payments, and the ledger structures which might be frequently used to manage those tactics.

The course is at a stretch of 4 weeks and involves a weekly time investment of 3 to 5 hours per week. The Mobile Payment Security training, offered by edX in association with the New York University, is a self-paced course and can be done at your time and convenience. The candidates can learn at their own pace during both tracks but with limited access if they have selected the audit track to finish the course. If the candidates have opted for the verified track, they will receive unlimited access to the course materials.

The Highlights

  • Course offered by edX 
  • In association with New York University 
  • Official and shareable certificate by edX 
  • The course length of 4 weeks 
  • Advanced Computer Science course
  • Online self-guided course 
  • Experienced New York University Instructors
  • Free audit period

Programme Offerings

  • Online Classes
  • activities
  • Self-paced training
  • video classes
  • Polling questions
  • and Discussion forums
  • MCQs
  • Video transcripts

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 33480yesNYU
  • The free track can be accessed free of cost.
  • The verified track should be bought at the Mobile Payment Security fees of Rs. 33,480 

Mobile Payment Security Fee Structure

Fee details

Amount in INR

Certification fee

 Rs 33,480 


Eligibility Criteria

Education

The candidates desiring to apply for the Mobile Payment Security online course are expected to have basic knowledge of cybersecurity, including cryptography and threat models. BS Degree in cybersecurity is optimal. 

Certification Qualifying Details

The understudies who have upgraded to the verified track will be given a verified certification by finishing the Mobile Payment Security certification course. The understudies are additionally needed to meet a score prerequisite of 75% or above under a particular given time. This will be assessed dependent on reviewed exercises that incorporate MCQs, FIBs, and assessment questions.

What you will learn

Knowledge of Cyber Security

The advanced Mobile Payment Security course gives detailed study and in-depth knowledge regarding several topics like -

  • Assessing the standard parts of the open and closed-loop systems of payment under the course.
  • Distinguishing between MagStripe and EMV installments and threat models related to each will be taught under Mobile Payment Security training. 
  • The distinctions and likenesses among contact and contactless payments utilizing EMV will be a part of the Mobile Payment Security certification syllabus. 
  • Examining the core standards of payment and how they are evolving with time.
  • The various kinds of cardholder verification and its Mobile Payment Security certification benefits
  • Getting familiar with the contrasts between mobile acquiring and mobile issuance.
  • The role of financial institutions plays in mobile issuance and mobile acquiring.
  • Analyzing the significant role that tokenization and token service providers play in mobile payments in Mobile Payment Security by edX
  • Understanding the relocation away from dedicated payment terminals and what impact it gives in the future under the Mobile Payment Security programme.
  • Learning about securing enrollment and how to implement various mobile apps.  
  • What the vital drivers for change are in the territory of installments and how these are molding the arising designs for misrepresentation.

Who it is for

This Mobile Payment Security programme is ideal for a various individuals such as -

  • Professionals who want to design their own mobile payment apps and polish their skills about the same may opt for a Mobile Payment Security certification course. 
  • Cybersecurity professionals wanting to gain an edge over others may enroll in this programme.

Admission Details

The course provides the opportunity for online registration for students.

The understudies can follow the steps that are given below: 

Step 1- Go to the edX course page through the link that is provided below

https://www.edx.org/course/mobile-payment-security

Step 2- Kindly login to the edX website using Facebook, Google account, or Email.

Step 3- Complete the confirmation of your identity in order to enroll in the Mobile Payment Security certification course.

Step 4- Students can audit the course for free or enroll in the verified track.

Step 5- Students who enrolled in the free track can start the course and those who want to enroll in the verified track must complete the payment.

Step 6- Complete the payment for the Mobile Payment Security certification course with some random installment choices like net banking. Students can start the verified track as soon as the payment is successful.

The Syllabus

Payment Fundamentals
  • Evolution of Payments
  • How a Payment is Processed
  • Payment Authentication and Settlement
EMV and Current Cardholder Authentication
  • EMV and Why It’s Needed
  • EMV Transaction Authentication
  • Cardholder Authentication

Mobile Payments Overview
  • Mobile Payments Defined
  • Mobile EMV Issuance
  • Tokenization
  • Mobile Issuance Walkthrough
Challenges & Standards
  • Payment Standards & Mobile Payment Challenges
  • Mobile Payment Standards & Reducing PAN Use

Threat Modeling
  • Threat Modeling Refresher
  • Payment Threat Models
  • Detailed Attacks on Payment Systems
Potential Mobile Issues
  • Mobile Device Security
Fixing the Issues
  • Securing Mobile Payments
  • Securing Enrollment & Implementation
  • Mobile Acquiring Walkthrough

Current Trends
  • Current Changes Driving Payments
  • Paying for Payments: Interchange
  • ISO8583 vs ISO 20022
Issues for Now and the Future
  • Online Payments vs In-store Payments
  • New Forms of Payments
  • Shared Ledger
  • Managing New Forms of Fraud

Instructors

NYU Frequently Asked Questions (FAQ's)

1: Can the understudies accomplish this course after a gap?

This course is a self-guided course that can be gotten to even in the field structure which can be sought after even subsequent to taking a break with the 'Resume course' alternative given.

2: Do instructors provide any personal feedback on the online Mobile Payment Security course?

Since there will be a large strength, understudies are not provided with personal feedback. They can bring questions up in discussion forums in which regular ones are replied to by the educator. 

3: What immensely significant concepts are shrouded in the Mobile Payment Security certification?

The main concepts covered are Mobile payments, Basics of payments, Payment issues, Tokenization, Threat modeling, Security, etc.

4: Is there any course discount choice accessible for Mobile Payment Security online course?

The understudies will be given a full sum discount when they unenroll within the qualification time frame: 14 days from buying or class beginning date. 

5: Are due dates pertinent for applying for the scholarship?

Intrigued understudies ought to follow the cutoff time for updating the record for applying to the monetary help offered by edX. This date is given subsequent to trying out the Mobile Payment Security training.

6: Can a student from a non-computer science background pursue this course?

As this is an advanced-level course, students must have a fundamental knowledge of cybersecurity in order to learn this course.

7: Can we submit the assigned tasks in other languages?

The understudies ought to follow the English language as it is the authority language for the course. Understudies are not furnished with the arrangement obviously content in different languages.

8: What is the general course span of this course?

This self-guided course can be customized by the student's solace yet a suggested plan is allowed with about 4 weeks which can be accomplished with 3-4 hours of the week by week exertion. 

9: What all advantages are related to the verified track?

Understudies are furnished with the total advantages simply subsequent to turning into a verified track learner. Those advantages are assignments, projects, certification, and limitless admittance to course content. 

10: What is the last date to apply for monetary help?

The understudies ought to apply for help inside the last date given for the up-gradation of the Mobile Payment Security online course. This date will be provided after enrolling in this course. 

11: On which platforms can I share the verified Mobile Payment Security certification?

The understudies can share the e-certificate to a few distinctive web-based media stages like Facebook, Upwork, Linked In, Freelancer, Twitter, Fiverr, Google, and so on.

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