Certificate in Principles of Payments (CertPAY)

Professional Qualifications

Certificate in Principles of Payments (CertPAY)

CertPAY enables professionals working in the global payments industry to attain an internationally recognised qualification. It will provide you with a comprehensive understanding of payments, from terminology to the mechanics of moving money across the globe, as well as compliance, risk, regulation, and strategy.


About the qualification

This industry-focused qualification enables you to develop specialist knowledge and skills relating to products, purpose, structure and inherent risks associated with payments. Available to study worldwide, CertPAY is suitable for anyone working in the sector including payments specialists, managers, and operational, compliance and risk team members. If you work in, or aspire to work in, the payments industry, completing CertPAY will demonstrate your knowledge and understanding of the sector, and provide a formal recognition of your professionalism.

Read topical articles about the payments industry written by the qualification’s Technical Reviewers in our CertPAY Content Series.

The Certificate in Principles and payments is a Level 3 qualification. This qualification is registered with Ofqual.

Endorsed by


Supported by


Key facts

  • Registration is open year-round
  • Comprehensive study materials are provided online only
  • Multiple-choice exam
  • You can book your exam at test centres or through remote invigilation
  • On completion, you can use the 'CertPAY' designation after your name
  • Earn CPD learning hours/Personal Development Units (PDUs) towards CDCS® and CSDG® Recertification
  • The price includes study materials and exam entry.
  • Once you’ve passed you’ll receive a digital certificate. A paper copy can also be ordered for an additional fee.


CertPAY consists of two units.

Unit 1 - Principles of the Payments Industry (PPA)


  • The structure of the industry and the component parts of payments
  • The economic value and systemic importance of payments
  • The infrastructure of payments

Unit 2 - Payment Regulation, Risk and Compliance (PRC)


  • Payment regulation and compliance
  • The risks, data protection and system security associated within the payments industry

CPQ Blue Testimonial

CertPAY introduces students to the principles of payments, breaking down the complexities of global payments into easy to understand topics. The qualification also introduces students to common payment terminology and explores the technological innovation that shapes and drives the payment industry today.

Michael Aragona Author, Principles of Payments


Online access to study texts is available immediately after registration has been completed. The study text contains review questions and activities to support your learning. A specimen paper is also provided to test your learning.

This qualification is typically completed in 8 months.

You will be learning on our new VLE Brightspace, click on the logo to find out more.



CertPAY is assessed through a single 85-minute objective exam, split into two units.

Unit 1 - PPA

35 multiple-choice questions
(40 mins)

Unit 2 - PRC

25 multiple-choice questions and two case studies each with 5 linked questions
(45 mins)

You can choose which date to sit your exam at selected centres worldwide, with the result provided on the day. 

You can book your exam at test centres nationwide or through remote invigilation. 

Exam and assessment information

Request further information

International students registration

Registrations and queries for students from Bangladesh, China, Indonesia, Malaysia and South Korea should be directed to the email addresses and telephone numbers provided under the relevant country below.

The Secretary General
ICC Bangladesh
Suvastu Tower (56th Floor)
69/1, Pantha Path
Dhaka-1205, Bangladesh.

If you have any queries, please email arahman@icc-bd.org or iccb@bdmail.net or call 880-2862-1942 or 880-29676698.

Ms. Deng Mo
Training Center of CCPIT & CCOIC,
No. 2 Huapichang Hutong,
Xicheng District, Bejing, 100035

If you have any queries, please email certpaychina@ccpit.org or call (+8610)82217209.

ICC Indonesia
Tempo Pavilion 1 building 8th Floor
Jl. HR. Rasuna Said Kav. 11
Jakarta 12950

If you have any queries, please email icc@iccindonesia.org or call (+62) 21 29667914.

ICC Malaysia
Level 26 Menara Hong Leong
No. 6 Jalan Damanlela
Bukit Damansara
50490 Kuala Lumpur

If you have any queries, please email icc.cpk@rdl.com.my or call 03-2632 9999

Korea International Finance Institute
50-8, Toegyero 20 Gil

If you have any queries, please contact Kim Sang Kyung by email at kifi01@naver.com or call 82-2-778-0819.

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