ETA CPP CERTIFICATION TEST WITH
ACCURATE ANSWERS
⩥ Testing Windows. Answer: ETA offers the ETA CPP examination in
four (4) 30-day testing windows.
⩥ Application Deadline. Answer: Candidates need to complete an
application prior to the deadline to receive the Notice to Schedule.
⩥ Notice to Schedule Exam. Answer: Email received 30-days prior to
the applicable testing window to choose your date and time.
⩥ Exam Format. Answer: The ETA CPP exam contains 125 multiple
choice questions.
⩥ Study Strategies. Answer: Review the test content preparation steps to
ensure your computer meets the required technology needs.
⩥ Test Taking Tips. Answer: Block out a sufficient amount of time for
studying.
⩥ Exam Duration. Answer: Time allotted for the exam is three (3) hours.
,⩥ Exam Question Format. Answer: Includes closed questions, open
questions, exceptions, and item sets.
⩥ Closed Question. Answer: A complete question followed by four (4)
optional answers, only one of which is correct.
⩥ Open Question. Answer: An incomplete sentence with four (4)
optional completions, only ONE of which is correct.
⩥ Exception Format. Answer: A format used when three (3) of the
options are correct and only one (1) option is incorrect.
⩥ Item Sets. Answer: A set of questions based on information contained
in the preceding paragraph.
⩥ AML. Answer: Anti-Money Laundering.
⩥ APF. Answer: Acquirer Processing Fee.
⩥ AVS. Answer: Address Verification Service.
⩥ BNPL. Answer: Buy Now Pay Later.
,⩥ CFTC. Answer: Commodity Futures Trading Commission.
⩥ CNP. Answer: Card Not Present.
⩥ CVV. Answer: Card Verification Value.
⩥ E2EE. Answer: End to End Encryption.
⩥ EMV. Answer: EuroPay Mastercard Visa.
⩥ ISO. Answer: Independent Sales Organization.
⩥ KYC. Answer: Know Your Client.
⩥ MCC. Answer: Merchant Category Code.
⩥ MOTO. Answer: Mail Order Telephone Order.
⩥ NFC. Answer: Near Field Communication.
⩥ PCI. Answer: Payment Card Industry.
, ⩥ POS. Answer: Point of Sale.
⩥ SSL. Answer: Secure Socket Location.
⩥ TLS. Answer: Transport Layer Security.
⩥ Authorization. Answer: Approval from the issuing bank for the
pending transaction.
⩥ Batching. Answer: The sending of authorized transactions to the
acquirer as a means of finalizing transactions and initiating the
settlement process.
⩥ Bitcoin. Answer: The first and most well-known cryptocurrency,
created by an unknown person or group of people using the name
Satoshi Nakamoto in 2009.
⩥ Blockchain. Answer: A decentralized digital ledger that records all
cryptocurrency transactions across a network of computers. Each block
in the chain contains a list of transactions.
⩥ Card Brands. Answer: The pillars of the card processing network,
accountable for setting and updating the rules of card processing and
acceptance.
ACCURATE ANSWERS
⩥ Testing Windows. Answer: ETA offers the ETA CPP examination in
four (4) 30-day testing windows.
⩥ Application Deadline. Answer: Candidates need to complete an
application prior to the deadline to receive the Notice to Schedule.
⩥ Notice to Schedule Exam. Answer: Email received 30-days prior to
the applicable testing window to choose your date and time.
⩥ Exam Format. Answer: The ETA CPP exam contains 125 multiple
choice questions.
⩥ Study Strategies. Answer: Review the test content preparation steps to
ensure your computer meets the required technology needs.
⩥ Test Taking Tips. Answer: Block out a sufficient amount of time for
studying.
⩥ Exam Duration. Answer: Time allotted for the exam is three (3) hours.
,⩥ Exam Question Format. Answer: Includes closed questions, open
questions, exceptions, and item sets.
⩥ Closed Question. Answer: A complete question followed by four (4)
optional answers, only one of which is correct.
⩥ Open Question. Answer: An incomplete sentence with four (4)
optional completions, only ONE of which is correct.
⩥ Exception Format. Answer: A format used when three (3) of the
options are correct and only one (1) option is incorrect.
⩥ Item Sets. Answer: A set of questions based on information contained
in the preceding paragraph.
⩥ AML. Answer: Anti-Money Laundering.
⩥ APF. Answer: Acquirer Processing Fee.
⩥ AVS. Answer: Address Verification Service.
⩥ BNPL. Answer: Buy Now Pay Later.
,⩥ CFTC. Answer: Commodity Futures Trading Commission.
⩥ CNP. Answer: Card Not Present.
⩥ CVV. Answer: Card Verification Value.
⩥ E2EE. Answer: End to End Encryption.
⩥ EMV. Answer: EuroPay Mastercard Visa.
⩥ ISO. Answer: Independent Sales Organization.
⩥ KYC. Answer: Know Your Client.
⩥ MCC. Answer: Merchant Category Code.
⩥ MOTO. Answer: Mail Order Telephone Order.
⩥ NFC. Answer: Near Field Communication.
⩥ PCI. Answer: Payment Card Industry.
, ⩥ POS. Answer: Point of Sale.
⩥ SSL. Answer: Secure Socket Location.
⩥ TLS. Answer: Transport Layer Security.
⩥ Authorization. Answer: Approval from the issuing bank for the
pending transaction.
⩥ Batching. Answer: The sending of authorized transactions to the
acquirer as a means of finalizing transactions and initiating the
settlement process.
⩥ Bitcoin. Answer: The first and most well-known cryptocurrency,
created by an unknown person or group of people using the name
Satoshi Nakamoto in 2009.
⩥ Blockchain. Answer: A decentralized digital ledger that records all
cryptocurrency transactions across a network of computers. Each block
in the chain contains a list of transactions.
⩥ Card Brands. Answer: The pillars of the card processing network,
accountable for setting and updating the rules of card processing and
acceptance.
