ETA CPP ACTUAL EXAM PAPER 2026
QUESTIONS WITH ANSWERS GRADED
A+
◍ Acquiring Bank.
Answer: The bank or financial institution that processes card payments on
behalf of a merchant
◍ Altcoin.
Answer: Any cryptocurrency other than Bitcoin.Ex.: Ethereum, Litecoin,
and Ripple
◍ Authorization.
Answer: Approval from the issuing bank for the pending transaction
◍ ETA CPP.
Answer: ETA Certified Payments Professional examination.
◍ Batching.
Answer: The sending of authorized transactions to the acquirer as a means
of finalizing transactions and initiating the settlement process
◍ Bitcoin.
Answer: The first and most well-known cryptocurrency, created by an
unknown person or group of people using the name Satoshi Nakamoto in
2009
◍ Card Brands.
Answer: The pillars of the card processing network, accountable for setting
and updating the rules of card processing and acceptanceEx.: Visa,
Mastercard, and Discover
◍ Testing Windows.
, Answer: ETA offers the ETA CPP examination in four (4) 30-day testing
windows.
◍ Application Deadline.
Answer: Candidates need to complete an application prior to the deadline
listed in the grid to receive the Notice to Schedule.
◍ Card Holder.
Answer: An end user or consumer
◍ Chargeback.
Answer: In CC processing: a transaction which the cardholder has identified
as fraudulent to their issuing bankIn ACH processing: a failed ACH
transaction
◍ Clearing and Settlement.
Answer: The process of moving authorized and settled funds from the
cardholder to the merchant
◍ Credit Card.
Answer: A physical or digital card allowing card holders to purchase goods
or services on credit
◍ Cryptocurrency.
Answer: A digital or virtual currency that uses cryptography for security and
operates independently of a central authority (i.e. a bank)
◍ Notice-To-Schedule.
Answer: An email received 30-days prior to the applicable testing window
to choose your date and time for the ETA CPP exam.
◍ Debit Card.
Answer: A physical or digital card allowing card holders to electronically
access their bank account(s) at a financial institution
◍ Eligibility.
Answer: The completed application must be submitted 4 days prior to the
exam.
,◍ Exam Structure.
Answer: 125 multiple choice questions broken into seven (7) categories
pertinent to the payments transaction industry.
◍ Decentralization.
Answer: The principal of distributing power and control away from a central
authority, common in blockchain and cryptocurrency systems
◍ Funding.
Answer: Settling of funds to the merchant
◍ Independent Sales Organization.
Answer: An organization or individual registered with a card brand and has
a payment card relationship with an acquirer or issuer to perform functions
on behalf of the Acquirer or Issuer
◍ Merchant.
Answer: Any business that accepts credit or debit cards for payment in
exchange for goods or services
◍ Domain 1.
Answer: Sales.
◍ Mining.
Answer: The process of validating and recording transactions on the
blockchain. Miners use computational power to solve complex mathematical
problems, earning rewards in the form of cryptocurrency
◍ Mobile Payment Solutions.
Answer: Consists of a device and software applications (typically a smart
phone application and card reader) that process transactions with a debit or
credit via a cellular (wireless) data network
◍ Payments Processor.
Answer: A company (often a third party) appointed by a merchant to handle
payment card transactions for acquiring banks
◍ Domain 2.
, Answer: Pricing and Interchange.
◍ Domain 3.
Answer: Process/Operations/Workflow.
◍ Domain 4.
Answer: Products/Solutions/Mobile Technology.
◍ PIN Entry Device.
Answer: Electronic devices used in debit or smart card-based transactions to
input and encrypt the cardholder's Personal Identification Number
◍ Domain 5.
Answer: Risk.
◍ Domain 6.
Answer: Regulatory/Compliance/Security.
◍ Domain 7.
Answer: Underwriting.
◍ Study Strategies.
Answer: Review the day of exam and block out a sufficient amount of time
for studying.
◍ Test Content Outline.
Answer: Topics contained in the exam originate from industry best
practices, standard underwriting practices, and laws governing the payments
industry.
◍ Point of Sale Terminal.
Answer: A physical or virtual terminal used to process credit or debit cards
◍ Private Key.
Answer: A secret code that enables the holder to access their cryptocurrency
within their wallet. It should never be shared with others
◍ Public Key.
Answer: A cryptographic code that serves as an address for transactions.
QUESTIONS WITH ANSWERS GRADED
A+
◍ Acquiring Bank.
Answer: The bank or financial institution that processes card payments on
behalf of a merchant
◍ Altcoin.
Answer: Any cryptocurrency other than Bitcoin.Ex.: Ethereum, Litecoin,
and Ripple
◍ Authorization.
Answer: Approval from the issuing bank for the pending transaction
◍ ETA CPP.
Answer: ETA Certified Payments Professional examination.
◍ Batching.
Answer: The sending of authorized transactions to the acquirer as a means
of finalizing transactions and initiating the settlement process
◍ Bitcoin.
Answer: The first and most well-known cryptocurrency, created by an
unknown person or group of people using the name Satoshi Nakamoto in
2009
◍ Card Brands.
Answer: The pillars of the card processing network, accountable for setting
and updating the rules of card processing and acceptanceEx.: Visa,
Mastercard, and Discover
◍ Testing Windows.
, Answer: ETA offers the ETA CPP examination in four (4) 30-day testing
windows.
◍ Application Deadline.
Answer: Candidates need to complete an application prior to the deadline
listed in the grid to receive the Notice to Schedule.
◍ Card Holder.
Answer: An end user or consumer
◍ Chargeback.
Answer: In CC processing: a transaction which the cardholder has identified
as fraudulent to their issuing bankIn ACH processing: a failed ACH
transaction
◍ Clearing and Settlement.
Answer: The process of moving authorized and settled funds from the
cardholder to the merchant
◍ Credit Card.
Answer: A physical or digital card allowing card holders to purchase goods
or services on credit
◍ Cryptocurrency.
Answer: A digital or virtual currency that uses cryptography for security and
operates independently of a central authority (i.e. a bank)
◍ Notice-To-Schedule.
Answer: An email received 30-days prior to the applicable testing window
to choose your date and time for the ETA CPP exam.
◍ Debit Card.
Answer: A physical or digital card allowing card holders to electronically
access their bank account(s) at a financial institution
◍ Eligibility.
Answer: The completed application must be submitted 4 days prior to the
exam.
,◍ Exam Structure.
Answer: 125 multiple choice questions broken into seven (7) categories
pertinent to the payments transaction industry.
◍ Decentralization.
Answer: The principal of distributing power and control away from a central
authority, common in blockchain and cryptocurrency systems
◍ Funding.
Answer: Settling of funds to the merchant
◍ Independent Sales Organization.
Answer: An organization or individual registered with a card brand and has
a payment card relationship with an acquirer or issuer to perform functions
on behalf of the Acquirer or Issuer
◍ Merchant.
Answer: Any business that accepts credit or debit cards for payment in
exchange for goods or services
◍ Domain 1.
Answer: Sales.
◍ Mining.
Answer: The process of validating and recording transactions on the
blockchain. Miners use computational power to solve complex mathematical
problems, earning rewards in the form of cryptocurrency
◍ Mobile Payment Solutions.
Answer: Consists of a device and software applications (typically a smart
phone application and card reader) that process transactions with a debit or
credit via a cellular (wireless) data network
◍ Payments Processor.
Answer: A company (often a third party) appointed by a merchant to handle
payment card transactions for acquiring banks
◍ Domain 2.
, Answer: Pricing and Interchange.
◍ Domain 3.
Answer: Process/Operations/Workflow.
◍ Domain 4.
Answer: Products/Solutions/Mobile Technology.
◍ PIN Entry Device.
Answer: Electronic devices used in debit or smart card-based transactions to
input and encrypt the cardholder's Personal Identification Number
◍ Domain 5.
Answer: Risk.
◍ Domain 6.
Answer: Regulatory/Compliance/Security.
◍ Domain 7.
Answer: Underwriting.
◍ Study Strategies.
Answer: Review the day of exam and block out a sufficient amount of time
for studying.
◍ Test Content Outline.
Answer: Topics contained in the exam originate from industry best
practices, standard underwriting practices, and laws governing the payments
industry.
◍ Point of Sale Terminal.
Answer: A physical or virtual terminal used to process credit or debit cards
◍ Private Key.
Answer: A secret code that enables the holder to access their cryptocurrency
within their wallet. It should never be shared with others
◍ Public Key.
Answer: A cryptographic code that serves as an address for transactions.
