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? - ✔✔non-qualified
When using the gross discount method, what are discount fees charged on? - ✔✔
If a Merchant contacts the payments professional and inquires about any early termination fees (ETF), to
what should the payments professional be alerted? - ✔✔The Merchant may be thinking of closing their
account
What is the BEST solution for a payments professional to suggest to a merchant who is experiencing
intermittent batching errors while processing on a VoIP line with an IP-capable terminal - ✔✔
Which of the following represents the BEST justification for using a payments gateway? - ✔✔
Which is the BEST description of a payment professionals goals during communication with a
perspective merchant? - ✔✔
What should a payment professional collect from a merchant to submit with the merchant application
for a public corporation - ✔✔Financials
During review of a potential e-commerce merchant's website, which of the following information MUST
be present for approval of a merchant account - ✔✔Delivery policy, currency conversion, and export
restrictions
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