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The sector education and training authority for the banking sector (Bankseta) and the Payments Association of SA (Pasa) have initiated a robust introductory payments training programme, the National Payment System Foundational Course, to address the gap caused by lack of interventions and turnover by practitioners in the payments industry.
The course in payments is a training programme that is fully funded by the Bankseta.
It has been implemented to overcome many situations of “on the job training” and learning through informal interactions among payment practitioners, who, according to research, admit to the complex nature of the payments domain.
Through the programme, industry engagement will improve and will lead to an increment in suggested industry-based innovations.
Launched on Monday at a breakfast hosted by the Bankseta and the Pasa, the course was piloted last year with positive feedback and will now take full effect this year.
The programme is structured and spread over five weeks to accommodate working payment practitioners and allow for proper assimilation of the material.
There are four days of intervention, with self-study and group work spread across the entire programme.
Bankseta board member Professor Shirley Zinn gave the welcoming key note address at the breakfast launch held at The Radisson Gautrain Hotel in Sandton, with the Pasa chief executive officer, Walter Volker, as the programme director.
Zinn expressed the importance of Bankseta’s involvement in the training programme and gave focus on Bankseta’s mandate on skills and people development in the banking and microfinance sector.
The National Payment System Foundational Course is for any payment practitioner who intends to gain broader knowledge in the payment industry.
Areas of focus within the programme are payment concepts, governance, regulation, risk and innovation.
The training programme is primarily aimed at Pasa members, but is also available to the broader community. The course, offered by Pasa in partnership with the Gijima Training Institute, will have all four interventions while being hosted at Gijima in Samrand, Joburg. It will also be hosted in Cape Town in due course.
Attendees who meet the minimum criteria, which include the extent of participation in class, scores on e-assessments, and scores on individual and group assignments, will qualify for the Pasa Certificate in Foundational Payments.
The course was designed and developed by leading payments experts from across the payment domain, in other words, by the industry and for the industry.
l For more information on the National Payment System Foundational Course and commencement dates, please contact Esther Visser at email@example.com