National Check Payments Certification (NCPC)
What is the NCPC?
The NCPC (National Check Payments Certification) is a new accreditation, similar to the AAP in the ACH world, but with a focus on the Check business. The program is developed and managed by ECCHO (Electronic Check Clearing House Organization). The program is intended, in part, to recognize an elevated level of payments acumen among payments professionals. Study and exam materials cover all aspects related to laws and regulations, processing via paper and image, product development and positioning as well as fraud and risk mitigation.
While it’s true check volumes have decreased over the past few years, they still play a significant role in America’s payments system. According to the 2010 Federal Reserve Payments Study, over 24 billion checks were processed in 2009, equating to over $31 trillion in payments. Given the significant volume and value of checks in the payments system, the degree of operational and product change resulting from the shift from checks to check images, and the complexity of ongoing regulatory changes, industry participants need to maintain and cultivate additional check expertise.
Through the certification process, National Check Professionals (NCPs) will demonstrate a working knowledge of every significant aspect of the new check payment system including products and operations, relevant rules and laws that govern checks, industry standards and fraud and risk mitigation considerations.
WesPay offers a training program for the exam: NCPC Exam Training