PCIP Practice Exam Questions And Answers 2025 Update.

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PCIP Practice Exam Questions And Answers
2025 Update.


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 - Answer✔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 - Answer✔Correct Answer: B
Which of the following lists the correct "order" for the flow of a payment card transaction?


A. Clearing, Settlement, Authorization

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B. Clearing, Authorization, Settlement


C. Authorization, Clearing, Settlement


D. Authorization, Settlement, Clearing - Answer✔Correct Answer: C
Service Providers include companies which_____________or could______________the security
of cardholder


data.


A. are PCI compliant, prove effective controls for


B. control, impact


C. manage, test


D. control, subrogate - Answer✔Correct Answer: B
QUESTION 16


Cardholder Data may be stored in "KNOWN" and "UNKNOWN" locations.


A. True


B. False - Answer✔Correct Answer: A
Storing Track Data "Long-Term" or "persistently" may be permitted if_______________.


A. it is being stored by issuers



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