ETA CPP: Domain 3 verified to pass
ETA CPP: Domain 3What is the correct term for a number used to identify the merchant during processing of daily transactions, rejects, adjustment, chargebacks, and end-of-month processing fees? a. Terminal Identification Number b. Automated Clearing House Number c. Merchant Identification Number d. Demand Deposit Number - correct answer c. Merchant Identification Number What is the most efficient way for a merchant to process other than via a phone line? a. A laptop b. IP or ethernet processing c. Fax d. Voice authorization - correct answer b. IP or ethernet processing What is the best method to communicate with a merchant? a. Text b. Facebook c. Leave a note on their account d. Email - correct answer d. Email Which on of the following relationship is NOT important to the success of retaining a merchant account? a. Customer service b. Mail carrier c. Risk management d. Technical support - correct answer b. Mail carrier Which of the following is NOT an important component of a merchant processing statement?
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- March 8, 2024
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