PaymentsIQ: Your Education on Your Time

Author

Michael W. Kahn

Michael W. Kahn

Nacha

“I have plenty of time to study so I can advance my career,” said no one, ever. 

Along with lack of time, there’s also waste of time. Who wants to study stuff you’re never going to use? Remember those four credits of biology they made you take in college?

And there’s always a cost issue, particularly when economic times are challenging. 

That’s where PaymentsIQ by Nacha comes in. It has you covered on these issues, plus a whole lot more. 

“I think that the best thing about PaymentsIQ is that it’s customizable education based on your needs,” said Stephanie Prebish, AAP, APRP, CTP, Nacha’s Managing Director, Association Services. Study on your own schedule and at your pace. Courses are typically only about 20 minutes long and you study what you want.

“You get to craft the curriculum based on what you are looking to learn,” said Prebish, noting PaymentsIQ by Nacha already has six educational categories with a very diverse selection of more than 100 courses. There’s some of what you’d expect from Nacha—Same Day ACH and the Nacha Operating Rules, for example. But there’s an ever-expanding range of topics to help you keep up with the latest in payments, including cryptocurrency and quantum computing. 

“We’re not resting on our laurels. We’re going to keep continuing to create new education and new platform features,” said Prebish. 

The knowledge exchange on PaymentsIQ is a two-way street. If you have expertise to share, Nacha wants to know.

“We’re going to have a process in place where industry professionals can submit ideas for new courses,” said Prebish, who described it as “crowdsourced education.” 

Accredited ACH Professionals (AAPs) and Accredited Payments Risk Professionals (APRPs) can reap an extra benefit from PaymentsIQ by earning one credit hour for every 50 minutes of education. 

A one-year subscription to PaymentsIQ is $350 for those employed by a Nacha member, and $425 for everyone else. Subscriptions are available to purchase at the Nacha website or through your Payments Association. Along with the myriad courses, it also includes select session recordings from past sessions of Smarter Faster Payments Remote Connect, the ACH Legal and Compliance Summit, and TPI Home School. 

“It’s a really attractive education option for people who are looking for the most flexible Nacha educational option that works with your busy schedule and is also friendly on your wallet,” said Prebish. “It’s easy to maintain your subscription year over year to continue getting the best, most up-to-date content.” 

Learn more at the PaymentsIQ by Nacha page on Nacha.org.