AFP
CTP · Question #317
(Topic 4) is not PCI DSS-compliant. Bank A processes 500,000 checks per month for Worldwide Industries. Worldwide Industries uses a third-party provider, Pay Point, for their credit card payments…
The correct answer is A. Take no action as Bank A would not be required to be PCI DSS-compliant. See the full explanation below for the reasoning.
Question
- (Topic 4)
is not PCI DSS-compliant. Bank A processes 500,000 checks per month for Worldwide Industries. Worldwide Industries uses a third-party provider, Pay Point, for their credit card payments and funds are wired daily to Worldwide’s depository account at Bank A. What should the Treasurer do?
Options
- ATake no action as Bank A would not be required to be PCI DSS-compliant.
- BIssue an RFP and search for a lockbox provider that is PCI DSS-compliant.
- CStop accepting credit card payments since Bank A is not PCI DSS-compliant.
- DNotify all customers that pay by credit card that Bank A is not PCI DSS-compliant.
How the community answered
(20 responses)- A80% (16)
- B5% (1)
- C10% (2)
- D5% (1)
Community Discussion
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