Recertification
Recertification Options
Upon earning the CPFPP credential, certification remains valid for three years from the date the CPFPP credential was awarded (one recertification cycle). Certificants can recertify by retaking the exam or by earning and reporting continuing professional education (CPE) credits.
Recertifying with CPE Credits
The CPE credits encompass a broad spectrum of activities that the MRC believes reflect continual learning opportunities. These activities validate the professional’s knowledge and strengthen the Payments and Fraud Prevention Professional by reinforcing essential skills and developing new ones.
Review general recertification requirements when applying based on earned CPE credits:
- Certificants opting to recertify through continuing education credits must obtain 60 CPE credits within a 3-year recertification cycle. At least 15 CPE credits must be earned through the MRC.
- Non-CPE credit hours may be accepted on a case-by-case basis via self-attestation.
- All CPE credits must be related to the role of the Payments and Fraud Prevention Professional.
- CPE credits must be distributed throughout the three-year recertification cycle.
- Renewal applications and activity logs are due 30 days before the end of the recertification cycle.
- Certificants are responsible for maintaining records of the earned CPE credits within the CPFPP certification portal.
Continuing Education Credit Requirements
Recertifying through CPE credits requires that the certificants earn the mandatory 60 CPEs from the following sources:
|
Qualifying CPE Credit Sources and Distribution
|
CPE Credits |
|
Minimum of 15 CPE credits from MRC
|
15 |
|
Minimum of 10 CPE credits on Card Mandates It may be part of Self-attestation or MRC CPEs
|
10 |
|
Minimum of 10 CPE credits on Regulation Changes It may be part of Self-attestation or MRC CPEs
|
10 |
|
Up to 45 CPE credits from education providers such as those listed here
|
45 |
|
Up to 10 hours of Self-Attestation Self-attestation that the individual attended educational programs or read materials on any revised card mandates or regulatory changes in payments and fraud
|
10 |
Continuing Education Guidelines
CPE credits can be earned through a variety of educational opportunities as detailed below:
Approved CPE Activities |
CPE Credit Guidelines |
Documentation Options |
|
In person courses or workshops |
1 hour = 1 CPE credit |
Certificate, link to a digital badge or a registration receipt |
|
Live virtual courses or webinars |
1 hour = 1 CPE credit |
Certificate, link to a digital badge or a registration receipt |
|
Self-paced online courses |
1 hour = 1 CPE credit |
Certificate, link to a digital badge or a registration receipt |
|
Speaking or presenting at industry conferences (first-time presentations only) |
1 hour = 3 CPE credits |
Course syllabus, or official program description with presenter information |
|
MRC educational content development or review. |
1 hour = 1 CPE credit |
Certificate |
Education Providers
Continuing Professional Education (CPE) credits may be earned from education providers such as those listed below. This list is not all-inclusive.
|
Merchant Risk Council
|
RAPID Edu eLearning courses
|
|
Glenbrook
|
https://glenbrook.com/education/
|
|
Association for Certified Fraud Examiners
|
https://www.acfe.com/training-events-and-products
|
|
ACAMS
|
|
|
International Compliance Association
|
https://www.int-comp.org/programme/?title=ICA-Advanced-Certificate-in-Managing-Fraud
|
|
Udemy
|
(Reviewed and approved on a case-by-case basis for courses specific to payments and fraud)
|
|
|
https://www.linkedin.com/learning/ (Reviewed and approved on a case-by-case basis for courses specific to payments and fraud)
|
|
McAfee
|
https://www.mcafeeinstitute.com/ (Reviewed and approved on a case-by-case basis for courses specific to payments and fraud)
|
|
Mastercard Academy
|
https://academy.mastercard.com/event/28dab9ca-d30c-4aa5-87ca-0844ac661ff1/summary
|
|
Visa University
|
|
|
Merchant Advisory Group
|
https://www.merchantadvisorygroup.org
|
Fees
|
|
MEMBER FEES |
NON-MEMBER FEES |
|
Recertification by Exam Fee |
US$500 |
US$700 |
|
Recertification by CPE Credits Fee |
US$150 |
US$250 |
|
Recertification Late Fee |
US$50 |
US$50 |