ETA CPP Practice Exam 2021 questions and verified correct answers

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 answer non-qualified When using the gross discount method, what are discount fees charged on? - correct answer If a Merchant contacts the payments professional and inquires about any early termination fees (ETF), to what should the payments professional be alerted? - correct answer The Merchant may be thinking of closing their account What is the BEST solution for a payments professional to suggest to a merchant who is experiencing intermittent batching errors while processing on a VoIP line with an IP-capable terminal - correct answer Which of the following represents the BEST justification for using a payments gateway? - correct answer Which is the BEST description of a payment professionals goals during communication with a perspective merchant? - correct answer What should a payment professional collect from a merchant to submit with the merchant application for a public corporation - correct answer Financials During review of a potential e-commerce merchant's website, which of the following information MUST be present for approval of a merchant account - correct answer Delivery policy, currency conversion, and export restrictions During a meeting with a potential merchant, the merchant mentions to the payment profession that, on occasion, credit cards are used to get cash out of the till. How should the payment professional proceed with the conversation? - correct answer