Courses

Digital Payments Ecosystem

Explore payment rails, key participants, mobile payments, India's super-apps, UPI, digital wallets, PPI regulations, and merchant acceptance through aggregators and gateways.

  • Level: Discovery
  • Duration: 4 hours
  • Language: English
  • Provider: Accredian
  • Certificate on completion

About this course

Designed for students, graduates, professionals, career switchers, entrepreneurs and managers, this course explores payment rails, payment flows, UPI and global digital systems. Explore digital wallets, prepaid instruments, RBI regulations, merchant payments, gateways, QR codes and settlements using UPI apps, NPCI Simulator and Razorpay demos.

What you'll learn

  • Understand the digital payments ecosystem and its key participants.
  • Learn how money moves through payment networks.
  • Map the mobile payments ecosystem and understand who is involved.
  • Explore India's super-app and UPI ecosystem.
  • Learn the role of wallets, PPIs and interoperability requirements.
  • Understand merchant payment acceptance and the aggregator and gateway landscape.

Curriculum

Payment Rails & Ecosystem Overview

  • What Are Payment Rails?
  • Evolution of Digital Payments
  • Key Participants in the Ecosystem
  • Issuers, Acquirers & Networks
  • Payment Flow Lifecycle
  • India vs Global Payment Systems

Mobile Payment Ecosystem Map

  • What Is a Mobile Payment?
  • Who's Involved: Banks, Apps & Networks at a Glanc
  • Mobile Wallets vs UPI Apps vs Bank Apps
  • How Money Moves: A Simple Payment Journey
  • India's Mobile Payment Boom, in Context

India Super-Apps & UPI Ecosystem

  • What Is a 'Super-App'?
  • Google Pay, PhonePe & Paytm: What Sets Them Apart
  • UPI in a Nutshell: How It All Connects
  • Beyond Payments: Other Services Super-Apps Offer
  • Why UPI Has Become India's Everyday Payment Habit

Digital Wallets, PPI Regulation & Interoperability

  • Types of Digital Wallets
  • Prepaid Payment Instruments (PPI)
  • Wallet Loading Mechanisms
  • Closed, Semi-Closed & Open Wallets
  • RBI Regulations & Why Wallets Are Regulated
  • Interoperability: Why Some Wallets 'Talk' to Each Other
  • Wallet Use Cases & Picking the Right Wallet

Merchant Ecosystem & Payment Aggregators

  • Merchant Payment Acceptance
  • Payment Aggregators
  • Payment Gateways
  • QR Code Acceptance
  • Online vs Offline Payments
  • Merchant Settlement Process

Final Assessment & Wrap-Up

Frequently asked questions

Do I need a payments background before starting?

No prior payments knowledge is required. This Discovery-level course starts with payment rail fundamentals and is suitable for students, graduates, professionals, career switchers, entrepreneurs and managers.

How does the course explain the difference between a wallet, a UPI app and a bank app?

Compare wallets, UPI apps and bank apps, understand payment flows, and learn about closed, semi-closed and open wallets.

Will I learn why wallets are regulated?

Yes. Learn about PPIs, wallet loading, RBI regulations and interoperability.

Which super-apps does the course cover?

Study Google Pay, PhonePe and Paytm, their UPI integration, key differences and services beyond payments.

Does the course cover how merchants accept payments?

Yes. Learn about aggregators, gateways, QR codes, online and offline payments, and merchant settlements.

Which tools will I use?

Study UPI apps, Google Pay, PhonePe, Paytm, Amazon Pay, the NPCI UPI Simulator and Razorpay demo dashboard.