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Exam (elaborations)

ETA CPP STUDY COURSE QUESTIONS WITH COMPLETE ANSWERS

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ETA CPP STUDY COURSE QUESTIONS WITH COMPLETE ANSWERS












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Uploaded on
April 17, 2025
Number of pages
136
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers

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1 of 235

Term



Which of the following is the BEST method of selling value over
price?



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The price being paid by the The return on investment of
merchant today and how you beat the product or service being
it. sold to the customer.

, Understanding the competition's The detailed plan for
product in place at the customer's implementation of the product or
location. services being sold to the customer.


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2 of 235

Term



What fee is charged to a merchant when they receive a chargeback?



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Re-Presentment Fee Chargeback Dispute Fee




Chargeback & Re-Presentment
Chargeback Acceptance Fee
Fee


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3 of 235

Term



A (____________) is a service that facilitates the transfer of money from a
customer's bank account to a merchant's account for a purchase.



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, Bank Transfer Payment Facilitator




Payment Processor Money Transmitter


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4 of 235

Term



What is an electronic network for financial transactions in the United
States?



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BSA OFAC




ACH NACHA


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, 5 of 235

Term



What type of questions should you ask a merchant to have them
provide a detailed explanation of their business objectives and
needs for credit/
debit card processing?



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How many student employees do
What advertisers do you use?
you have?




What payment types and
How do you price your products?
ancillary services are needed?


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6 of 235

Term



Which of the following represents a balanced portfolio?



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