ETA CPP TESTS COMPILATION BUNDLE

A2A (Account-to-Account) correct answers The automatic transfer of funds from one account to another. An example is the Fedwire or wire transfer transaction. AAV correct answers See Accountholder Authentication Value. ABA correct answers See American Bankers Association. ABA Transi...

The (_______________) is made up of a combination of players that interact with each other during the payment transaction process: issuers and acquirers, credit card networks, payment processors, payment gateways, independent sales organizations and value-added resellers, and payment facilitators. ...

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? correct answers Volume, average ticket, rate, and transaction fee Using the interchange plus model, which of the following cos...

NABU, APF and FANF correct answers 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 cor...

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? correct answers non-qualified When using the gross discoun...

Which of the following is the LEAST effective method of developing a list of prospects? a. Research the industry b. Talk to local influencers c. Consider the product set of their business d. Cold call on initial prospects of interest correct answers d. Cold call on initial prospects of intere...

What does the acronym ESD stand for? correct answers Electrostatic Discharge Current amounts between __ and __ can be lethal. correct answers 100mA, 200mA What is the number one concern in regards to electrical safety? correct answers Shock Bohr's Atomic Model consists of what thr...