PCIP Practice
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PCIP Practice 7
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PCIP Practice Questions 
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 Ans- 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 Ans- Correct Answer: B 
Which of the following lists the correct ...
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