Eta cpp - Study guides, Class notes & Summaries

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ETA CPP Study Guide with Verified Answers| 100% Correct| Grade A+ NABU, APF and FANF - MasterCard implemented a new fee, the Network Access and Brand Usage fee (NABU). And following right on the heels of the MasterCard announcement, on July 1, 2009 Visa implemented their U.S. Acquirer Processing Fee (APF). Card brand dues and assessments - In addition to Interchange, each card brand includes additional fees based on the transaction amount and per transaction. These fees are called dues and...

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A Parts Manufacturer with a tiered-pricing setup (two Buckets) keys a Visa Business Credit Card information that qualifies for Visa's business to business interchange qualification. What rate will the merchant pay on this transaction? non-qualified When using the gross discount method, what are discount fees charged on? If a Merchant contacts the payments professional and inquires about any early termination fees (ETF), to what should the payments professional be alerted? The Merchant may...

NABU, APF and FANF - ANSWER MasterCard implemented a new fee, the Network Access and Brand Usage fee (NABU). And following right on the heels of the MasterCard announcement, on July 1, 2009 Visa implemented their U.S. Acquirer Processing Fee (APF). Card brand dues and assessments - ANSWER In addition to Interchange, each card brand includes additional fees based on the transaction amount and per transaction. These fees are called dues and assessments and typically range from 0.105% - 0.45% o...

What data elements are MOST critical to the payments professional when comparing a merchant's current statement to the new offer proposed by the payment professional? - Answer- Volume, average ticket, rate, and transaction fee Using the interchange plus model, which of the following costs can be adjusted during negotiations with the merchant? - Answer- Acquirer markup For most credit card transactions, what is the MAXIMUM numbers of days between the sale and when a dispute request can be ...

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