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ETA CPP Exam Test Bank New Questions Included Graded A+
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ETA CPP Exam Test Bank New Questions Included Graded A+ ETA CPP Exam Test Bank New Questions Included Graded A+ETA CPP Exam Test Bank New Questions Included Graded A+ETA CPP Exam Test Bank New Questions Included Graded A+

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  • September 4, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • eta cpp exam test bank new questions inc

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ETA CPP Exam Test Bank 2023/2024 New
Questions Included Graded A+


What udata uelements uare uMOST ucritical uto uthe upayments uprofessional uwhen ucomparing ua
umerchant's ucurrent ustatement uto uthe unew uoffer uproposed uby uthe upayment uprofessional? u-
uAnswer u- u u uVolume, uaverage uticket, urate, uand utransaction ufee


Using uthe uinterchange uplus umodel, uwhich uof uthe ufollowing ucosts ucan ube uadjusted uduring
unegotiations uwith uthe umerchant? u- uAnswer u- u u uAcquirer umarkup


For umost ucredit ucard utransactions, uwhat uis uthe uMAXIMUM unumbers uof udays ubetween uthe usale
uand uwhen ua udispute urequest ucan ube uinitiated? u- uAnswer u- u u u120 udays


Which uof uthe ufollowing umerchants uwould ube uconsidered uthe uhighest urisk? u- uAnswer u- u u uTime
ushare uadvertising


In ua ublended upricing umethod u(three utiers, uenhanced ubill-back), umerchant umanually uenters ua
uVISA ucard utransaction, ubut uforgets uto uenter uthe uAVS. uWhat uis uthe uappropriate uinterchange
ucategory ufor uthis utransaction? u- uAnswer u- u u uEIRF


What uinformation ushould ube udiscussed uat uthe utime uof usale uin uorder uto uBEST uestablish ua
ucredible urelationship ubetween uthe upayments uprofessional uand uthe umerchant? u- uAnswer u- u u
uDiscount urates, utransaction ufees, uand usettlement ufees


MasterCard's uConvenience uPurchases uinterchange uqualification uapplies uto uwhich uof uthe ufollowing
utransactions? u- uAnswer u- u u uPayment ufor utaxi uservices


When uproposing ucheck uprocessing uservices uto ube uincluded uin ua umerchant's uexisting uterminal,
uwhat usteps ushould ube utaken uto uensure uthe uability uto uprocess utransactions? u- uAnswer u- u u
uVerify uthe uterminal uand ucheck ureader/imager ucompatibility uwith uthe uprocessor


A upayments uprofessional ubelieves uthat ua uprospective uclient uwith ua ularge ucustomer ubase uwould
ubenefit ufrom uthe uuse uof ua uPCI-compliant ucredit ucard ustorage umodule. uHowever, uprior uto
uoffering uthe usolution, uthe upayments uprofessional uneeds uto uidentify uthe umerchant's ukey upain
upoints uand ugoals. uAs upart uof uthe udiscovery uprocess, uwhich uof uthe ufollowing uquestions uwould
uBEST uelicit uthe umerchant's uneed uto uimplement uthe usolution? u- uAnswer u- u u u"Are uyou
uconcerned uabout uthe usecurity urisks uassociated uwith ustoring ucustomer udata?"

, A upayments uprofessional umeets uwith ua umerchant uwho udiscloses uthat uit uhas ua usubprime ucredit.
uWhat uadditional umaterials umay ube urequired? u- uAnswer u- u u uProfit uand uloss ustatement. uPrevious
uprocessing ustatements uand ubank ustatements


When usubmitting udocuments ufor ua unew uor uexisting umerchant, uwhich uof uthe ufollowing umerchant
utypes ucan ube uboarded ufor uAmerican uExpress uOpt uBlue? u- uAnswer u- u u uA urestaurant uthat
uprocesses u$900,000 uin uannual uAmerican uExpress ucharge uvolume


How uis uthe ueffective urate ucalculated? u- uAnswer u- u u uTotal udollars uspent udivided uby usales udollar
uvolume


A umerchant uhas ucontacted uthe upayments uprofessional uto uinquire uabout uan uincrease uin uthe
unumber uof ureturned uchecks. uHow ushould uthe upayments uprofessional urespond uto uthe
umerchant's uinquiry? u- uAnswer u- u u uRecommend ua ucheck uguarantee uservice


A umerchant uhas ua uIP-facing udevice. uWhich uaction uMUST ube ucompleted uto uensure uPCI
ucompliance? u- uAnswer u- u u uComplete uIP uscanning uquarterly uand ucomplete ua uSAQ uannually


Which uof uthe ufollowing udescribes ua uvalid ureason ufor ua umerchant uto ube uremoved ufrom uthe
uMATCH ulist? u- uAnswer u- u u uThe umerchant uwas uerroneously uplaced uon uthe uMATCH ulist, uor uthe
ulisting uis ufor ureason ucode u12


During ureview uof ua upotential ue-commerce umerchant's uwebsite, uwhich uof uthe ufollowing
uinformation uMUST ube upresent ufor uapproval uof ua umerchants uaccount? u- uAnswer u- u u uTerms uand
uconditions, uprices, uand udelivery upolicy


A umerchant udoes unot uaccept ucredit ucard utransactions ufor uamounts uunder u$20. uWhat upossible
urepercussions uissued uby uthe ucard ubrands ucould ustem ufrom uthis uprocess? u- uAnswer u- u u uThe
umerchant umay ube uwarned, ufined, uor uterminated


Upon uentering ua umerchant's ustore, ua upayments uprofessional unotices usigns uat uthe ustorefront uas
uwell uas unext uto uthe uregister ustating u"We uimpose ua usurcharge uof u5% uon uthe utotal uamount uon
uall ucredit ucard utransactions, uwhich uis unot ugreater uthan uour ucost uof uacceptance. uWe udo unot
usurcharge udebit ucards. uWhich uof uthe ufollowing ustatements uwould ube uMOST uappropriate ufor uthe
upayments uprofessional uto umake uthe umerchant uregarding usurcharges uallowed uby uthe ucard
ubrands? u- uAnswer u- u u uFive upercent uis umore uthan uthe umaximum usurcharge uamount uallowed uof
u4%


A umerchant uis ucomplaining uabout ucomplicated uprocessing uactivity ustatements uand uasks ufor
usomething u"simpler" uand u"easier uto uunderstand." uWhich uof uthe ufollowing usolutions ushould uthe
upayments uprofessional uoffer uto uBEST usatisfy uthe umerchant's urequest? u- uAnswer u- u u uBundled
uPricing

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