Payment Processing and Collection

Payment Processing and Collection is a crucial business operation that involves receiving payments from customers and handling late or defaulted payments. Coursera's Payment Processing and Collection catalogue teaches you about various methods of payment collection, understanding the regulatory environment, and managing risks associated with payment defaults. You'll learn about different payment systems, strategies for dealing with delinquent accounts, and enhancing your skills in negotiation, communication, and effective collection techniques. Further, you'll gain a comprehensive understanding of the laws and best practices related to debt collection, and the impact of non-payment and late payment on the business. This skill is essential for professionals in the fields of finance, accounting, and business management, among others.