Clearing, Settlement, and Billing Reconciliation Workshop
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CLEARING, SETTLEMENT, BILLING & RECONCILIATION WORKSHOP


OBJECTIVE:
Course designed to go into greater detail about the concepts related to the Mastercard clearing system (GCMS), its relationship to the debit transaction processing system (MDS) and the Mastercard billing system. There will be exercises to allow attendees to assimilate these concepts easily and precisely, as well as to use the tools and reports that may be used in the reconciliation process.

AUDIENCE:
Advanced seminar recommended not only for officers from operations areas, but also for those from the technology, processes and back-office support areas who take part in information reconciliation and need to both understand how this process works, as well as to do maintenance and make constant improvements to ensure an efficient and dynamic operation, in keeping with business needs.

TOPICS:
  • Introduction
  • Basic clearing concepts, Dual Message System (GCMS)
  • Settlement Services
  • Billing-related concepts (MCBS)
  • GCMS Reconciliation
  • GCMS Reconciliation practice exercise
  • Basic clearing concepts, Single Message System (MDS)
  • MDS Reconciliation
  • MDS Reconciliation practice exercise
  • MCBS Reconciliation practice exercise

SEMINAR FEE:
The seminar fee for 2 days training is USD$900. The fee includes the seminar fee, seminar material in digital format, breakfast, coffee break and lunch during the seminar. Anything else not listed here is not included.

REGISTRATION ACKNOWLEDGEMENT:
When you register for a seminar via our website you will receive an automated acknowledgement. This notification confirms that your registration has been successful. Please do not make any non-refundable travel arrangements until the seminar is confirmed (please refer to 'Seminar Confirmation' for further details).

SEMINAR CONFIRMATION:
Assuming that the seminar meets the minimum number of required participants, Mastercard Academy will send you a confirmation. You will receive this confirmation 7 business days prior to the seminar date with all the details including the seminar time and place.

TRAVEL & ACCOMMODATION:
Travel and accommodation costs are not included in the seminar fee. Once the seminar has been confirmed you can make your own booking and pay all your accommodation expenses directly to the hotel of your choice.

DRESS CODE:
Business casual is appropriate for all seminars, unless otherwise specified.

BILLING:
Participants will be invoiced automatically via the Mastercard Consolidated Billing System (MCBS) to the institution ICA provided during the registration process. The seminar fee will be identified via the relevant billing event (MU1120).
IMPORTANT: Please do not make any non-refundable travel arrangements until you receive the seminar confirmation. Mastercard Academy cannot be held responsible for any travel costs that may be incurred before receiving the seminar confirmation.
Mastercard Academy reserves the right to refuse admission to, and/or remove any person from, any course or other activity
.

CONTACT US:
E-mail: lac_academy@mastercard.com