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STRIPE DEV CERTIFICATION EXAM STUDY GUIDE QUESTIONS WITH ALL CORRECT ANSWERS, GRADED A+
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STRIPE DEV CERTIFICATION EXAM STUDY GUIDE QUESTIONS WITH ALL CORRECT ANSWERS, GRADED A+
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STRIPE DEV CERTIFICATION EXAM STUDYGUIDE QUESTIONS WITH ALL CORRECT
ANSWERS, GRADED A+
Which report provides a summary of network costs, Stripe fees and transaction
volume by card brand? Answer - Payment Fees Report
What are the goals for a client when it comes to responding to disputes?
Answer - Prove that the cardholder was the purchaser,
Demonstrate that the cardholder understood the Terms of Service and refund
policy at the time of purchase
Starfire is a company based in the US that is using automatic payouts. How long
after processing a credit card transaction should they expect it to be paid into
their bank account? Answer - Two Business Days
You are advising a platform that wants to charge sellers on their platform a
service subscription fee. What would be the simplest way to charge the seller?
Answer - Account Debits
From a fraud prevention standpoint, which of the following best practices
should be considered and applied to a user's checkout flow. Select all that
apply Answer - Collect as much information from the customer as you
can...without adding an adverse amount of friction to your flow.
Save payment data to customer objects, including email address and customer
name
Requiring 3D Secure
Adding CAPTCHA
,Your client is asking for best practices for responding to (and winning) disputes.
What guidance would you NOT provide? Answer - Aim for a high dispute
response rate so that card issuers see that the merchant takes each dispute
seriously.
Which is the best resource to determine the required verification information
for merchants in a specific country? Answer - Stripe docs
IniTECH software is expanding into Latin America. Which of the following is a
common payment method in this region? Answer - Voucher
The Downtown Dog's customers love the sweaters, jackets and other doggie
apparel they sell. Designers from all over the country can submit their designs
and get paid. Which Stripe Product would they use to onboard new designers?
Answer - Connect
When would you recommend Radar for Fraud Teams instead of Radar to one of
your clients? Answer - When they want to automatically allow high-risk
payments based on customer information
Starfire is a company based in the US that is using automatic payouts. How long
after processing a credit card transaction should they expect it to be paid into
their bank account? Answer - Two Business Days
You want to ensure that a customer order is only processed once. Which of the
following approaches would you use? Answer - Set the Idempotency-Key
header to the order ID
Select all of the following API resources that produce a Balance Transaction.
Answer - Disputes & Payouts
, Which one of the below use cases is NOT a good reason to set up a webhook
handler? Answer - Syncing Products into Stripe from the customer's ERP
software
If your client receives a suspicious transaction, they should... Answer - Refund
immediately
You're working with a client using automatic payouts. They would like to match
Stripe activity with payouts in their bank account. Which of the following
reports would you recommend? Answer - Payout Reconciliation Report
Which of the following impact interchange rates? Select all that apply. Answer
- The card is debit vs credit,
The card is issued in the same country as the merchant vs a different country
Why is it a best practice for merchants to enable CVC/CVV recollection from
customers, particularly during and after a card migration? Answer - CVC/CVV
cannot be stored, so migrated cards may be declined by card networks for not
including it during their first authorization on Stripe
Power of the Purse is a site that accepts charitable donations to help women
launch small businesses. They are happy to accept donations of any amount.
They are at the highest risk for which type of fraud. Answer - Card Testing
Gaia Fitness wants to offer subscriptions to their customers. What are the first
two steps they need to take on Stripe? Answer - Create the products and
services to offer and pricing models
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