1|Page
ETA CPP STUDY GUIDE | COMPREHENSIVE
Q&A FOR GUARANTEED SUCCESS
Data security -correct-answer-With the increase in merchants using point of sale
systems (not just a terminal) comes an increase in the likeli- hood that you will
experience a data breach at a retail merchant. Diligence should be used in
ensuring software and hardware in use is PCI compliant and that your merchant
follows proper procedures and guidelines for protecting cardholder data.
EMV Chip Card -correct-answer-If a consumer presents a chip card and the
merchant is not able to accept the card AND the consumer claims fraud, the
liability is now held by the merchant. This is a new risk not previously faced by
card present merchants. The details of this shift are below.
Address Verification Service (AVS) -correct-answer-The Address Verification
System (AVS) is a system used to verify the address of a person claiming to own a
credit card.
A2A (Account-to-Account) -correct-answer-The automatic transfer of funds from
one account to another. An example is the Fedwire or wire transfer transaction.
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AAV -correct-answer-See Accountholder Authentication Value.
ABA -correct-answer-See American Bankers Association.
ABA Transit Routing Number -correct-answer-The unique number devised by the
American Bankers Association (ABA) in 1910 that identifies the bank issuer of
depository accounts. It is a 10-digit number (nine digits and a verification digit)
issued by the Federal Reserve Bank to identify each bank by a bank identification
number. This number (also called the ABA number and the routing transit
number) has changed over the years to accommodate such things as the Federal
Reserve System, the advent of MICR, and the implementation of the Expedited
Funds Availability Act (EFAA). It is used both in check processing and in the ACH
(Automated Clearing House) routing of electronic checking account debits. The
number is usually the first sequence of numbers preceding an account number at
the bottom of a check.
Access Card -correct-answer-A plastic card used in an automated teller machine
(ATM) to complete deposits, cash withdrawals, account transfers, and other
related account functions.
Access Control System Format -correct-answer-In the smart card industry, a term
referring to the bit pattern that the reader transmits to the control panel. The
format specifies how many bits make up the data stream and what these bits
represent. For example, the first few bits might transmit the facility code, the next
,3|Page
few the unique ID number, the next few parity, and so on. (Source: Smart Card
Alliance).
Access Device -correct-answer-A card, code, or other means of access to a
consumer's account that may be used to initiate an electronic funds transfer. This
term does not include the terminal, telephone, or personal computer.
Access Provider -correct-answer-A company that provides its customers access to
the Internet. The user normally connects to the access providerʹs server by a
modem using a dial-up connection or a broadband connection.
Access Point -correct-answer-A telecommunication term referring to a device or
point where connections may be made for testing or using particular
communications circuits.
Access Time -correct-answer-The amount of time needed to obtain information
from, or place information into, computer storage.
Account Aggregation -correct-answer-See Aggregators
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Account-Based Stored Value Card -correct-answer-A consumer prepaid payment
card, with monetary value stored in an account that is accessed and its value
updated when the consumer uses the payment card. (Source: Smart Card Alliance)
Account Data Compromises (ADC) -correct-answer-The term used by MasterCard
to describe security violations to card and account data.
Account Funding Transaction -correct-answer-A term used by Visa to indicate an
electronic commerce purchase transaction for the purpose of adding funds to a
Visa prepaid account that is posted to a Visa card and includes the transmission of
the Account Funding Transaction Indicator.
Account History -correct-answer-The payment history of an account over a
specified period, including the number of times the account was past due or over
the credit limit.
Accountholder Authentication Value (AAV) -correct-answer-One type of security
used in the smart card industry to describe a value on the chip that is used to
authenticate the accountholder. (Source: Smart Card Alliance)
ETA CPP STUDY GUIDE | COMPREHENSIVE
Q&A FOR GUARANTEED SUCCESS
Data security -correct-answer-With the increase in merchants using point of sale
systems (not just a terminal) comes an increase in the likeli- hood that you will
experience a data breach at a retail merchant. Diligence should be used in
ensuring software and hardware in use is PCI compliant and that your merchant
follows proper procedures and guidelines for protecting cardholder data.
EMV Chip Card -correct-answer-If a consumer presents a chip card and the
merchant is not able to accept the card AND the consumer claims fraud, the
liability is now held by the merchant. This is a new risk not previously faced by
card present merchants. The details of this shift are below.
Address Verification Service (AVS) -correct-answer-The Address Verification
System (AVS) is a system used to verify the address of a person claiming to own a
credit card.
A2A (Account-to-Account) -correct-answer-The automatic transfer of funds from
one account to another. An example is the Fedwire or wire transfer transaction.
,2|Page
AAV -correct-answer-See Accountholder Authentication Value.
ABA -correct-answer-See American Bankers Association.
ABA Transit Routing Number -correct-answer-The unique number devised by the
American Bankers Association (ABA) in 1910 that identifies the bank issuer of
depository accounts. It is a 10-digit number (nine digits and a verification digit)
issued by the Federal Reserve Bank to identify each bank by a bank identification
number. This number (also called the ABA number and the routing transit
number) has changed over the years to accommodate such things as the Federal
Reserve System, the advent of MICR, and the implementation of the Expedited
Funds Availability Act (EFAA). It is used both in check processing and in the ACH
(Automated Clearing House) routing of electronic checking account debits. The
number is usually the first sequence of numbers preceding an account number at
the bottom of a check.
Access Card -correct-answer-A plastic card used in an automated teller machine
(ATM) to complete deposits, cash withdrawals, account transfers, and other
related account functions.
Access Control System Format -correct-answer-In the smart card industry, a term
referring to the bit pattern that the reader transmits to the control panel. The
format specifies how many bits make up the data stream and what these bits
represent. For example, the first few bits might transmit the facility code, the next
,3|Page
few the unique ID number, the next few parity, and so on. (Source: Smart Card
Alliance).
Access Device -correct-answer-A card, code, or other means of access to a
consumer's account that may be used to initiate an electronic funds transfer. This
term does not include the terminal, telephone, or personal computer.
Access Provider -correct-answer-A company that provides its customers access to
the Internet. The user normally connects to the access providerʹs server by a
modem using a dial-up connection or a broadband connection.
Access Point -correct-answer-A telecommunication term referring to a device or
point where connections may be made for testing or using particular
communications circuits.
Access Time -correct-answer-The amount of time needed to obtain information
from, or place information into, computer storage.
Account Aggregation -correct-answer-See Aggregators
, 4|Page
Account-Based Stored Value Card -correct-answer-A consumer prepaid payment
card, with monetary value stored in an account that is accessed and its value
updated when the consumer uses the payment card. (Source: Smart Card Alliance)
Account Data Compromises (ADC) -correct-answer-The term used by MasterCard
to describe security violations to card and account data.
Account Funding Transaction -correct-answer-A term used by Visa to indicate an
electronic commerce purchase transaction for the purpose of adding funds to a
Visa prepaid account that is posted to a Visa card and includes the transmission of
the Account Funding Transaction Indicator.
Account History -correct-answer-The payment history of an account over a
specified period, including the number of times the account was past due or over
the credit limit.
Accountholder Authentication Value (AAV) -correct-answer-One type of security
used in the smart card industry to describe a value on the chip that is used to
authenticate the accountholder. (Source: Smart Card Alliance)
