2025 ETA CPP TEST WITH 350 REAL

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2025 ETA CPP TEST WITH 350 REAL

EXAM QUESTIONS AND CORRECT

ANSWERS/ LATEST ETA CPP EXAM 2025

PREP QS AND ANSWERS(BRAND NEW!)

How is a merchant's effective rate calculated?

• Discount rate x average ticket
• Sum of Qualified, Mid- and Non-Qualified fees
• Total fees divided by total sales
• Number of transactions x transaction fee
• Total fees divided by total sales

What does surcharge / bill back mean on a merchant's statement?

• Mid and Non-Qualified Fees
• Total sales
• Monthly processing fee
• Discount rate
• Mid and Non-Qualified Fees

On a merchant statement, how would you determine if the merchant is being billed on Interchange Plus, tiered pricing or a bundled rate program?

• Look at the discount rates section
• Add up all transaction fees
• Calculate non-qualified fees
• Look at all monthly fees
• Look at the discount rates section

How can a merchant's charge per authorization be determined when the amount appearing on the statement is the total for all authorizations?

• Add up all the fees and divide by sales volume
• Total sales divided by average ticket
• Authorization fees divided by number of transactions for each card typed.

Discount fees divided by average ticket 1 / 4

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• Authorization fees divided by number of transactions for each card type

How would a $79 annual fee get converted into basis points (bps), for a merchant that processes $10,000 a month in sales volume?

• Divide 79 by 10,000 x 12
• Divide 79 by 12 and divide by monthly sales
• Multiply 79 by 12 months, then divide by 10,000
• Multiple 79 by the discount rate
• Divide 79 by 12 and divide by monthly sales

Which of the following is a benefit to pricing a merchant on an Interchange Plus program verses a tiered rate program?

• Full cost disclosure
• More detailed volume reporting
• Mid and Non-Qualified fees are detailed
• Flat rate for all fees
• Full cost disclosure

What is tiered pricing?

• Processing fees charged at different volume tiers
• Interchange rates grouped into major categories for simpler pricing
• Swiped, non-swiped and debit fee totals
• Processing fees charged by card type
• Interchange rates grouped into major categories for simpler pricing

Which of the following would use a Micros terminal?

• An e-commerce merchant
• A wireless merchant
• An international merchant
• A restaurant merchant
• A restaurant merchant

What is a host capture?

• Authorized transactions are captured on approval and settled on processors

system

• The definition for an internet gateway used by e-commerce merchants
• How ATM debit and EBT transactions are processed
• Terminal stores approved transaction in batch for settlement at days end 2 / 4

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• Authorized transactions are captured on approval and settled on processors

system What is terminal capture?

• POS device authorized each card type and sends approval to merchant
• Transaction approved by processor then captured in memory in terminal for

batch settlement

• Terminal is downloaded for all merchant processing parameters
• POS transaction is swiped and authorized electronically
• Transaction approved by processor then captured in memory in terminal for

batch settlement What is a gateway?

• Software needed to connect POS devices and peripherals together
• The connection between the host processor and terminal at the merchant site
• A web-based virtual terminal that connects to major processors for browser

based and e-commerce transactions

• Name for merchant's front-end processing platform
• A web-based virtual terminal that connects to major processors for browser

based and e-commerce transactions What purpose does a gateway serve for a merchant?

• To process transactions originating from a website or shopping cart
• To use a POS terminal over the Internet or Wi-Fi network
• To connect to a new processor network and control fraud
• To convert from a dial up to an internet-based terminal
• To process transactions originating from a website or shopping cart

What is the correct term for a number used to identify the merchant during processing of daily transactions, rejects, adjustment, chargebacks, and end-of- month processing fees?

• Terminal Identification Number
• Automated Clearing House Number
• Merchant Identification Number
• Demand Deposit Number
• Merchant Identification Number 3 / 4

pg. 4 What is the most efficient way for a merchant to process other than via a phone line?

• A laptop
• IP or ethernet processing
• Fax
• Voice authorization
• IP or ethernet processing

What is the best method to communicate with a merchant?

• Text
• Facebook
• Leave a note on their account
• Email
• Email

Which one of the following relationships is NOT important to the success of retaining a merchant account?

• Customer service
• Mail carrier
• Risk management
• Technical support
• Mail carrier

Which of the following is NOT an important component of a merchant processing statement?

• Header information
• Deposit summary
• Surcharges
• Tips on how to save money
• Tips on how to save money

Which of the following methods of processing uses a secure web server that provides and interface for merchant websites and shopping carts that require real- time transaction processing?

• Mobile solutions
• Landline terminal
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