Interchange Management System (IMS)

Which configuration(s) need to be set up in the IMS module?

• Institution

• Association

• Rate

• Account Range

• All of the above

What information need to be entered in the “Association Parameter” screen?

• Network ID

• Processor BIN

• Member ID

• Licensee ID

• All of the above

In the “Rate Parameter” screen, which Rate Type(s) is supported?

• Buy

• Sell

• MID

• All of the above

• None of the above

In the “Clearing Transaction” screen, which Transaction Type(s) is supported for the VISA card scheme?

• Retrieval Request

• Fee Collection

• Fund Disbursement

• Fraud Advice

• All of the above

In the “Clearing Transaction” screen, which Transaction Type(s) is not supported for the Mastercard card scheme?

• Retrieval Request

• Fee Collection

• Fund Disbursement

• Retrieval Request Acknowledgement

• All of the above

What does GCMS stand for?

• It is ‘Global Clearing Management System’ for VISA.

• It is ‘Global Clearing Management System’ for MCI.

• It is ‘Global Clearing Management System’ for CUP.

• It is ‘Global Clearing Management System’ for JCB.

• All of the above

Which parameter(s) need to be configured in the MC IRD Parameters screens?

• “GCMS Product” – Global Clearing Management System Product

• “CAB Program” – Card Acceptor Business Program

• “IRD Rule” – Interchange Rate Designator Rule

• All of the above

What is the MTI code and Function Code for creating a MC Retrieval Request transaction record?

• MTI 1644 and Function Code 603

• MTI 1740 and Function Code 700

• MTI 1442 and Function Code 451

• MTI 1240 and Function Code 200

• None of the above

What is the MTI code for a general MC Fee Collection transaction type?

• MTI 1240

• MTI 1442

• MTI 1644

• MTI 1740

What is the MTI code for a general JCB Representment transaction type?

• MTI 1240

• MTI 1442

• MTI 1644

• MTI 1740