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ETA CPP () EXAM TEST BANK QUESTIONS WITH ANSWERS
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ETA CPP () EXAM TEST BANK QUESTIONS WITH ANSWERS
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ETA CPP (2024-2025) EXAM TEST BANKQUESTIONS WITH ANSWERS.
Upon entering a merchant's store, a payments professional
notices signs at the storefront as well as next to the register
stating "We impose a surcharge of 5% on the total amount on
all credit card transactions, which is not greater than our cost
of acceptance. We do not surcharge debit cards. Which of the
following statements would be MOST appropriate for the
payments professional to make the merchant regarding
surcharges allowed by the card brands? - <<Answers>>>Five
percent is more than the maximum surcharge amount allowed
of 4%
What is the MOST appropriate software application for a
credit card terminal used by a merchant who wants an
automatic batch at the end of the business day? -
<<Answers>>>Host capture
Which technique is MOST likely to increase a payments
professional's success rates? - <<Answers>>>Disclose all
pricing and terms prior to contract execution
Which of the following is MOST useful as a source for lead
generation? - <<Answers>>>Referral partnerships
Beginning with the card swipe, which of the following
represents the basic movement of a transaction authorization
for a credit card terminal? - <<Answers>>>Card reader-
communications network- card brand- issuer- card brand-
merchant
, ETA CPP (2024-2025) EXAM TEST BANK
QUESTIONS WITH ANSWERS.
Which entity has the responsibility of querying the
TMF/MATCH? - <<Answers>>>Acquirer
While prospecting in a retail area, a payments professional
notices that most of the merchants use the same service
provider. How should the payments professional approach
these merchants? - <<Answers>>>Ask the merchant what
they like about their current providers and what they would
change
Which requirement must ALL merchants complete in order to
be PCI-compliant? - <<Answers>>>Submit a self-assessment
questionnaire (SAQ)
A payments professional encounters merchants who have
competitive pricing that cannot be matched or beaten. What is
the BEST course of action to make the processor aware of the
market competition? - <<Answers>>>Obtain copies of
merchant processing statements or the competing written offer
to share with the employer or corporate office
What is the MAIN factor in determining which SAQ a
merchant needs to complete for PCI compliance? -
<<Answers>>>Type of product/service offered by the
merchant
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