4. Question 4 Which of the following is NOT an advantage of credit card payments (relative to other systems like the ACH)? 1 point Revolving line of credit provided by…
8. Question 8 What are examples of strategies that card payment gateways can employ to boost profitability and mitigate transaction risks? 1 / 1 point Encouraging debit card processing Offering value-added…
7. Question 7 In an EMV card transaction, what information is transmitted through the card terminal to the networks? 1 / 1 point User identifiers such as names and addresses Unencrypted…
6. Question 6 Which of the following statements about the business model of online payment gateways—e.g. Braintree and Stripe—is NOT correct? 1 / 1 point They often collect a fixed percentage fee…
1. Question 1 Which of the following risks can be significantly reduced with EMV cards and tokenized transactions? Please select all that apply. 1 / 1 point Stealing credit card account information…
5. Question 5 Why might many of the online payment gateway—like PayPal and Venmo—are encouraging users to use debit cards and are now promoting co-branded debit cards? 1 / 1 point Debit…
3. Question 3 In 2019 Apple launched a credit card. The following is the promotion text from the announcement web site: “A new kind of credit card. Created by Apple,…
2. Question 2 Which party bears the most financial risk in a credit card transaction? 1 / 1 point Networks Issuers Acquirers Processors
9. Question 9 Many mobile payment solutions rely on QR codes. In a transaction, what do the QR codes do? 1 / 1 point They encrypt the transaction information so that it…
7. Question 7 Many mobile wallet providers, such as PayPal and AliPay, promise instant payments between accounts. In this setting, what does “instant” actually mean? 1 point Users can…
