In this episode, the Payments Professor, Kevin Olsen, speaks with Ashley Mustico from Nacha about the AAP (Accredited ACH Professional) accreditation. They discuss the importance of the AAP in the electronic payments industry, the journey into electronic payments, the benefits of obtaining the AAP for both individuals and organizations, the format and preparation for the AAP exam, and what to do after passing the exam, including maintaining the accreditation. The conversation emphasizes the value of education and professional development in the payments industry.
Takeaways:
Nacha governs the ACH network and offers accreditations.
The AAP accreditation signifies expertise in the ACH network.
Individuals should pursue AAP after gaining at least two years of payment experience.
Getting an AAP can enhance career prospects and salary.
Organizations benefit from having AAPs on staff for compliance and risk management.
The AAP exam consists of 120 multiple-choice questions, with 100 scored.
Candidates can find out if they passed the exam on the same day.
Preparation through Payments Associations significantly increases the chances of passing.
Continuing education is required to maintain AAP accreditation every five years.
Celebrating the achievement of AAP is essential for personal and professional growth.
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