ETA CPP

Which of the following is the LEAST effective method of developing a list of prospects? a. Research the industry b. Talk to local influencers c. Consider the product set of their business d. Cold call on initial prospects of interest correct answers d. Cold call on initial prospects of interest Which of the following is a standard method to group prospective leads? a. Square footage of business b. Number of items for sale on their website c. Geographic location d. Political affili...

A Parts Manufacturer with a tiered-pricing setup (two Buckets) keys a Visa Business Credit Card information that qualifies for Visa's business to business interchange qualification. What rate will the merchant pay on this transaction? correct answers non-qualified When using the gross discount method, what are discount fees charged on? correct answers If a Merchant contacts the payments professional and inquires about any early termination fees (ETF), to what should the payments pr...

NABU, APF and FANF correct answers MasterCard implemented a new fee, the Network Access and Brand Usage fee (NABU). And following right on the heels of the MasterCard announcement, on July 1, 2009 Visa implemented their U.S. Acquirer Processing Fee (APF). Card brand dues and assessments correct answers In addition to Interchange, each card brand includes additional fees based on the transaction amount and per transaction. These fees are called dues and assessments and typically range fr...

What data elements are MOST critical to the payments professional when comparing a merchant's current statement to the new offer proposed by the payment professional? correct answers Volume, average ticket, rate, and transaction fee Using the interchange plus model, which of the following costs can be adjusted during negotiations with the merchant? correct answers Acquirer markup For most credit card transactions, what is the MAXIMUM numbers of days between the sale and when a dispu...

The (_______________) is made up of a combination of players that interact with each other during the payment transaction process: issuers and acquirers, credit card networks, payment processors, payment gateways, independent sales organizations and value-added resellers, and payment facilitators. correct answers payments ecosystem The (______________) cycle is complex and has a lot of moving parts. correct answers payment processing How many steps are in the "Authorization" proces...

Which of the following is a standard method to group prospective leads? a. Square footage of business b. Number of items for sale on their website c. Geographic location d. Political affiliation correct answers c. Geographic location Which of the following is the LEAST effective method of developing a list of prospects? a. Research the industry b. Talk to local influencers c. Consider the product set of their business d. Cold call on initial prospects of interest correct...