QUESTIONS AND ACCURATE ANSWERS
GRADED A+
●● APF.
Answer: Acquirer Processing Fee
●● AVS.
Answer: Address Verification Service
●● CNP.
Answer: Card Not Present
●● CVV.
Answer: Card Verification Value
●● E2EE.
Answer: End to End Encryption
●● ECM.
Answer: Excessive Chargeback Merchant
, ●● ECP.
Answer: Excessive Chargeback Program
●● EDD.
Answer: Enhanced Due Diligence
●● EMV.
Answer: EuroPay Mastercard Visa
●● FANF.
Answer: Fixed Acquirer Network Fee
●● ISO.
Answer: Independent Sales Organization
●● IVR.
Answer: Interactive Voice Response
●● KYC.
Answer: Know Your Client