CertPAY
Certificate in Principles of Payments
CertPAY enables professionals working in the global payments industry to attain an internationally recognised qualification. It will provide you with a comprehensive understanding of payments, from terminology to the mechanics of moving money across the globe, as well as compliance, risk, regulation, and strategy.
About the qualification
This industry-focused qualification enables you to develop specialist knowledge and skills relating to products, purpose, structure and inherent risks associated with payments. Available to study worldwide, CertPAY is suitable for anyone working in the sector including payments specialists, managers, and operational, compliance and risk team members. If you work in, or aspire to work in, the payments industry, completing CertPAY will demonstrate your knowledge and understanding of the sector, and provide a formal recognition of your professionalism.
Read topical articles about the payments industry written by the qualification’s Technical Reviewers in our CertPAY Content Series.
The Certificate in Principles and payments is a Level 3 qualification. This qualification is registered with Ofqual.
Studying CTFC covers
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CertPAY consists of two units.
Unit 1 – Principles of the Payment Industry (PPA):- The structures of the industry and the component parts of payments
- The economic value and systematic importance of payments
- The infrastructure of payments
Unit 2 – Payment Regulation, Risk and Compliance (PRC):
- Payment regulation and compliance
- The risks, data protection and system security associated within the payments industry
Registration fee: |
£540 – price includes your study materials and exam entry |
Modules | One Level 3 unit |
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When to apply? | Registrations are open all year round |
No. of units | Two |
Study type | This qualification is on demand. Everything is online and you can study at a pace that suits you. |
Study material | Comprehensive study materials are provided online only. Online access to study texts is available immediately after registration has been completed. The study text contains review questions and activities to support your learning. A specimen paper is also provided to test your learning. A hardcopy version of the textbook can be purchased for £40 + postage from Amazon. This qualification is typically completed in 8 months. |
Assessment type | CertPAY is assessed through a single 85-minute objective exam, split into two units. |
Assessment provider | You can book your exam at one of our designated test centres around the world. How To Book Your Pearson VUE Exam | LIBF |
Registration | |
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New Registration Fee | £540 |
Discount for Indian Candidates | £59 |
Net Registration Fee | £481 |
Exam Resit Fee | £260 |
Recertification fee | £150 |
Register here: https://secure2.libf.ac.uk/pqf/registration.aspx?qualcode=CPAY
For more details, please visit:
https://www.libf.ac.uk/study/professional-qualifications/trade-finance/certificate-in-principles-of-payments