PCIP Practice Questions 2025/2026 Exam Questions and Corresponding Answers with Surety of 100% Pass Mark

PCIP Practice Questions 2025/2026
Exam Questions and Corresponding
Answers with Surety of 100% Pass Mark



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


COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 1
STATEMENT. ALL RIGHTS RESERVED

,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




B. Clearing, Authorization, Settlement




C. Authorization, Clearing, Settlement




D. Authorization, Settlement, Clearing - 🧠ANSWER ✔✔Correct Answer: C



COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 2
STATEMENT. ALL RIGHTS RESERVED

, 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.




COPYRIGHT©JOSHCLAY 2025/2026. YEAR PUBLISHED 2025. COMPANY REGISTRATION NUMBER: 619652435. TERMS OF USE. PRIVACY 3
STATEMENT. ALL RIGHTS RESERVED