Card Payments and Billing Specialist

4 weeks ago


Johannesburg, Gauteng, South Africa Capital Recruit Full time
Job Title: Visa/MasterCard Payments and Billing Expert

We are seeking a highly skilled and experienced professional to join our team as a Visa/MasterCard Payments and Billing Expert. In this role, you will be responsible for optimizing our clients' card payment interchange, reconciliations, and payment network billing.

Key Responsibilities:
  • Analyzing fees and costs paid by banks to the scheme networks (Visa and MasterCard)
  • Identifying errors and anomalies in scheme billing data
  • Payment Interchange reviews (earned and paid)
  • Identifying and troubleshooting billing errors and discrepancies
  • Recommending improvements in a client's payments environment to efficiently optimize their costs and reduce their network scheme (Visa and MasterCard) billings
  • Recommending services to utilize and to cancel to optimize costs
  • Staying up to date with the latest industry trends, regulations, and billing standards related to Visa and MasterCard payments
  • Analyzing card payment data and generating reports on payment performance, trends, and potential areas for improvement
Requirements:
  • Experience in card payments (worked at a bank, fintech or Visa and MasterCard)
  • Card Issuing and/or acquiring experience
  • Understanding of Visa and/or MasterCard services and billing invoices
  • Understanding of card interchange and how it is calculated
  • Understanding of authorization, clearing, and settlement of card transactions
  • Attention to detail
  • Excellent knowledge of Excel, PowerBI or similar data tools is a plus
  • Ability to work with data
  • Bachelor's degree in finance, business, or a related field
  • Relevant certifications in payment processing or card industry regulations are a plus
  • Excellent analytical and problem-solving skills, with the ability to identify and resolve card-related issues efficiently
  • Strong attention to detail and accuracy in handling financial data and reconciliations
  • Effective communication skills, both verbal and written, to interact with internal teams, clients, and external stakeholders
  • Ability to work independently and prioritize tasks in a fast-paced environment
  • Up-to-date knowledge of the latest industry trends and developments in card payments and billing


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