Payment card flow - Study guides, Class notes & Summaries

Which of the below functions is associated with Acquirers? A. Provide settlement services to a merchant B. Provide authorization services to a merchant C. Provide clearing services to a merchant D. All of the options Ans: Correct Answer: D Which of the following entities will actually approve a purchase? A. Non-Issuing Merchant Bank B. Issuing Bank C. Payment Transaction Gateway D. Acquiring Bank Ans: Correct Answer: B Which of the following lists the correct "order" for the flow o...

PTCB EXAM TEST BANK QUESTIONS AND ANSWERS LATEST WITH RATIONALE Multiple choice What is the route of administration for a prescription with the following directions: "i supp pr q 6 hr prn"? A. Orally B. Rectally C. Urethrally D. Vaginall {{Correct Ans- B. Rectally Rationale: "pr" means per rectum. What is the meaning of PDA? A. Personal digital aid B. Personal digital assistant C. Physician digital assistant D. Pharmaceutical data assistant {{Correct Ans- B. Personal dig...

Which of the below functions is associated with Acquirers? A. Provide settlement services to a merchant B. Provide authorization services to a merchant C. Provide clearing services to a merchant D. All of the options : Correct Answer: D Which of the following entities will actually approve a purchase? A. Non-Issuing Merchant Bank B. Issuing Bank C. Payment Transaction Gateway 2 | P a g e D. Acquiring Bank : Correct Answer: B Which of the following lists the correct "order" for the...

After an insurance claim is processed by the insurance carrier (paid, suspended, rejected, or denied), a document known as _______ is sent to the patient and to the provider of professional medical services. correct answer: explanation of benefits If the provider has no contract with the insurance carrier, the provider is _____. correct answer: not obligated to carrier's deadline A patient should be asked to sign an ______ if he or she has decided to undergo plastic surgery that is not ...

Which report provides a summary of network costs, Stripe fees and transaction volume by card brand?  Payment Fees Report What are the goals for a client when it comes to responding to disputes?  Prove that the cardholder was the purchaser, Demonstrate that the cardholder understood the Terms of Service and refund policy at the time of purchase Starfire is a company based in the US that is using automatic payouts. How long after processing a credit card transaction should they ex...

Rpb 102 Epic Exam Questions And Answers All Verified to add a new insurance to the system that does not exist - ANS select a generic coverage and enter information from the card when creating a new coverage record in the system you must choose the correct ( 2 answers) - ANS payer and plan true or false a patient can have more then one guarantor account - ANS TRUE Guarantor account - ANS who will be paying coverage - ANS insurance (payer, plan) subscriber policy h...

independent industry standards body providing oversight of the development and management of Payment Card Industry Data Security Standards on a global basis. PCI Security Standards Council (PCI SSC) Maintain PCI DSS, PA-DSS, PTS, P2PE, Card Production, and PIN Security standards and supporting documentation PCI Security Standards Council (PCI SSC) Define and Implement Validation Requirements for QSAs, PA-QSAs, ASVs, and ISAs PCI Security Standards Council (PCI SSC) Approv...

independent industry standards body providing oversight of the development and management of Payment Card Industry Data Security Standards on a global basis. PCI Security Standards Council (PCI SSC) Maintain PCI DSS, PA-DSS, PTS, P2PE, Card Production, and PIN Security standards and supporting documentation PCI Security Standards Council (PCI SSC) Define and Implement Validation Requirements for QSAs, PA-QSAs, ASVs, and ISAs PCI Security Standards Council (PCI SSC) Approv...

PA-DSS - ans-Payment Application Data Security Standard (POS, shopping carts, etc.) PTS (POI) - ans-Pin Transaction Security Point of Interaction Standard (Attended and Unattended Devices) HSM (PIN) - ans-Hardware Security Module Pin Standard (not required but may assist in becoming compliant) P2PE - ans-Point to Point Encryption Standard (Most helpful standard to reduce scope) SRED - ans-Secure Read and Exchange Module allows terminals to be approved for secure encryp...

University of South Africa - AUE2601 - Auditing Theory And Practice EXAM PACK 2024 OCTOBER/NOVEMBER 2024 1.5) Password controls  Passwords should be unique to each individual (group passwords should not be used).  Passwords should consist of at least six characters, be random not obvious, and a mix of letters, numbers, upper/lower case and symbols.  Passwords/user-IDs for terminated or transferred personnel should be removed/disabled at the time of termination or transfer....