ETA CPP EXAM WITH VERIFIED SOLUTION..

ETA CPP EXAM WITH VERIFIED SOLUTION.



A. iReconciliation, iIncreased icash iflow iand ibranding i- iAnswer i- i i iA imerchant ihas ian iexisting ipaper-
based igift icard iprogram. iWhich iof ithe ifollowing iare ithe iMOST iimportant ibenefits iof ithe imerchant
iconverting ito ian ielectronic igift icard iprogram?




A. iReconciliation, iincreased icash iflow, iand ibranding i

B. iReloadable, icash iadvances, iand iuniversal iacceptance i

C. iReloadable, ireward ipoints, iand ibranding i

D. iCash iadvances, ireward ipoints, iand ireduced ifraud

C. iInquire iabout ithe icompetitor's ioffering, icompare ito iexisting istrategy, iand ibring iinformation iback
ito ithe ipayments iprofessional's isupervisor ito idiscuss istrategies. i- iAnswer i- i i iA istrong icompetitor ihas
ibeen itaking ibusiness iaway ifrom ia ipayments iprofessional's iportfolio. iWhat iis ithe iBEST istrategy ifor
ithe ipayments iprofessional ito itake iin iorder ito iremain icompetitive?




A. iCall ithe icompetitor iand iexplain ithat ithe ipayments iprofessional ihas iexclusivity iin ithe iterritory, iso
imerchants imust ibe iswitched iback. i


B. iCall ithe imerchant iand iexplain ithat ithe ipayments iprofessional ihas iexclusivity iin iterritory, iso ithe
imerchant imust iswitch iback. i


C. iInquire iabout ithe icompetitor's ioffering, icompare ito iexisting istrategy, iand ibring iinformation iback
ito ithe ipayments iprofessional's isupervisor ito idiscuss istrategies. i


D. iInquire iwith ithe iprocessing icompany ito isee iwhat iupgrades, isupplies ior ibenefits ithe ipayments
iprofessional ican iprovide ito ioutsell ithe icompetitor.


D. iWalk ithrough ithe iissue iwith ithe imerchant iwhile iusing ithe isame iequipment. i- iAnswer i- i i iWhich
imethod iis iBEST ifor ihelping ia imerchant isolve ian iequipment iissue iover ithe iphone?

,A. iDetermine ithe iequipment ibeing iused iand isend ireplacement iequipment ito ithe imerchant. i

B. iRefer ithe imerchant ito ithe iequipment imanual. i

C. iRequest ithat ithe imerchant icall ithe iequipment imanufacturer ifor isupport. i

D. iWalk ithrough ithe iissue iwith ithe imerchant iwhile iusing ithe isame iequipment.

C. iHigher ichargeback ifees, ian iaccount ireview, iand ipossible itermination. i- iAnswer i- i i iWhich iof ithe
ifollowing icould iresult iif ia imerchant's ichargebacks iare iout iof icompliance?




A. iA ireserve ibeing irequested, ihigher idiscount ifees i, iand ilaw ienforcement iintervention. i

B. iCalls ifrom icard ibrands, iletters ifrom ithe icare iissuing ibank, iand ivisits ifrom igovernment iauthorities.
i


C. iHigher ichargeback ifees. ian iaccount ireview, iand ipossible itermination. i

D. iLetters ifrom ithe icard iissuing ibank, icardholders icomplaints, iand ibank iclosing ithe imerchant's
ichecking iaccount.


D. iVerify ithe iterminal iand icheck ireader/imager icompatibility iwith ithe iprocessor. i- iAnswer i- i i iWhen
iproposing icheck iprocessing iservices ito ibe iincluded iin ia imerchant's iexisting iterminal, iwhat isteps
ishould ibe itaken ito iensure ithe iability ito iprocess itransactions?




A. iVerify icheck iservices iand iactivated iand ithe iproper imerchant iTID iinformation ihas ibeen iadded ito
ithe iterminal. i


B. iVerify iconnectivity iand icomplete ia iseries iof isample icheck iprocessing itransactions ion ithe iterminal.
i


C. iVerify ithat ithe iaccount ican ibe iapproved ibased ion imerchant idemographics iand icheck ilimits. i

D. iVerify ithe iterminal iand icheck ireader/imager icompatibility iwith ithe iprocessor.

C. iNon-qualified i- iAnswer i- i i iA iparts imanufacturer iwith ia itiered-pricing isetup i(two ibuckets) ikeys ia
iVisa iBusiness icredit icard itransaction ithat iqualifies ifor iVisa's ibusiness-to-business iinterchange
iqualification. iWhat irate iwill ithe imerchant ipay ion ithis itransaction?




A. iCommercial ielectronic i

B. iMid-qualified i

, C. iNon-qualified i

D. iVisa iBusiness iB2B

C. iProvides ia imerchant iwith ia isingle iaccess ipoint ifor imobile iand istationary idevices. i- iAnswer i- i i
iWhich iof ithe ifollowing irepresents ithe iBEST ijustification ifor iusing ia ipayments igateway?




A. iProvides ia imerchant iwith ia isingle iaccess ipoint ifor imobile iand istationary idevices. i

B. iProvides ia imerchant iwith iaccess ito ifaster itransactions ifor iall icustomers. i

C. iProvides ia imerchant iwith iinternet iaccess iin iorder ito isupport ian ionline ishopping icart. i

D. iBypasses ithe icostly iPCI icompliance iprocess

D. iSubmit ia iself-assessment iquestionnaire i(SAQ) i- iAnswer i- i i iWhich irequirement imust iALL
imerchants icomplete iin iorder ito ibe iPCI-compliant?




A. iComplete iquarterly iscans. i

B. iHave ia isecure isocket ilayer i(SSL) icertificate. i

C. iStore icardholder ireceipts ielectronically. i

D. iSubmit ia iself-assessment iquestionnaire i(SAQ)

B. iAll isales ivolume i- iAnswer i- i i iWhen iusing ithe igross idiscount imethod, iwhat iare idiscount ifees
icharged ion?




A. iAll irefund ivolume i

B. iAll isales ivolume i

C. iSales ivolume iminus irefund ivolume i

D. iSales ivolume iplus irefund ivolume

A. iThey ireduce icounterfeiting iand icard iskimming i- iAnswer i- i i iWhich iis ia ibenefit iof inear-field
icommunication i(NFC) ipayments ifor ia imerchant iwho iaccepts ithem?




A. iThey ireduce icounterfeiting iand icard iskimming i