Global Payment Rails

India, US, Europe and UK rails, plus TARGET and TIPS.

How money actually moves in each market. India (UPI, IMPS, NEFT, RTGS), US (Fedwire, FedNow, ACH, CHIPS), Europe (SEPA and TARGET2), UK (Faster Payments, CHAPS, BACS), the Indian payments deep dive, TARGET services, addressing in T2, TIPS in depth, and the SEPA credit transfer and direct debit deep dives.

10 chapters · 77 lessons · ₹2,499

Estimated duration: 4.5 hours of narration, plus exercises, simulators and tests.

Who this course is for

Business analysts and product owners who need to know how money moves in each market.

Prerequisites

Payment Foundations, or equivalent working knowledge of the payment lifecycle.

What you will learn

• Explain how UPI, IMPS, NEFT and RTGS work in India.
• Explain Fedwire, FedNow, ACH and CHIPS in the US.
• Explain SEPA and TARGET2 in Europe.
• Explain Faster Payments, CHAPS and BACS in the UK.
• Compare real-time payment systems across markets.

Practical exercises

Every lesson includes a practical exercise in the lesson player, with the problem, the information available, the action expected, what counts as a correct result, and why the answer is correct. This course has 77 exercises, one per lesson, plus the hands-on labs and simulators listed below.

What you will produce

• A rails comparison for one payment corridor, naming the system, the settlement model and the cut-off.

Completion criteria

• Finish all lessons in the bundle.
• Pass the Rails Test with 70% or more.

Included chapters

• India: UPI, IMPS, NEFT, RTGS (8 lessons)
• US: Fedwire, FedNow, ACH, CHIPS (8 lessons)
• Europe: SEPA and T2 (10 lessons)
• UK: Faster Payments, CHAPS, BACS (7 lessons)
• Indian Payments Deep Dive: NACH, BBPS, FEMA (9 lessons)
• TARGET Services: T2, T2S and TIPS (7 lessons)
• Addressing Payments in T2 (7 lessons)
• TIPS in Depth: Instant Payments and Liquidity Transfers (7 lessons)
• SEPA Credit Transfer Deep Dive (7 lessons)
• SEPA Direct Debit Deep Dive (7 lessons)

Practice tests included

Timed multiple-choice tests for this material, with the correct answer and an explanation for every question.

• Rails Test (11 questions · 11 minutes)

Simulators and playgrounds included

Run a payment yourself instead of just reading about it. These interactive simulators cover the same material as the chapters above.

• Lifecycle Simulator
• T2/TIPS Simulator

Hands-on labs included

Real work products: write the document, build the artefact, and compare it with the worked example.

• Deliver an Instant Payments Feature in Three Sprints

Practice features included

• Mission Control

Not included

This bundle does not include the other courses:

• The Integrated Course (85 chapters, 635 lessons)
• Payment Foundations (5 chapters, 37 lessons)
• ISO 20022 and SWIFT Messaging (11 chapters, 87 lessons)
• Cross-Border and Correspondent Banking (7 chapters, 50 lessons)
• Clearing, Settlement and Liquidity (4 chapters, 29 lessons)
• Cards and Domestic Payments (6 chapters, 44 lessons)
• Compliance, Risk, Operations and Reconciliation (8 chapters, 59 lessons)
• Payment Architecture and APIs (8 chapters, 62 lessons)
• BA and PO Professional Practice (5 chapters, 37 lessons)
• Emerging Technologies and the Future (4 chapters, 30 lessons)