AFP
CTP · Question #500
(Topic 5) A merchant presents 2 different batches of credit card transactions for processing, each batch has the same dollar value and number of transactions, but the fees are different. Which of…
The correct answer is C. Type of card accepted. See the full explanation below for the reasoning.
Question
- (Topic 5)
A merchant presents 2 different batches of credit card transactions for processing, each batch has the same dollar value and number of transactions, but the fees are different. Which of the following explains why?
Options
- AUse of a different terminal
- BGoods or services sold
- CType of card accepted
- DTime of batch closure
How the community answered
(41 responses)- A12% (5)
- B5% (2)
- C80% (33)
- D2% (1)
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