PCIP Practice Exam Questions And Answers |Latest 2025 | Guaranteed Pass

©FYNDLAY 2025 ALL RIGHTS RESERVED 11:49 AM A+




PCIP Practice Exam Questions And Answers
|Latest 2025 | Guaranteed Pass


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


B. Issuing Bank


C. Payment Transaction Gateway



D. Acquiring Bank - Answer✔Correct Answer: B



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, ©FYNDLAY 2025 ALL RIGHTS RESERVED 11:49 AM A+


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


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.




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