TONDER

What is the main role of a Payment Service Provider (PSP)?

• Issuing credit cards

• Providing tools for businesses to accept electronic payments

• Handling transaction clearance

• Auditing financial statements

  
  

Role of a Payment Acquirer

• Provide payment gateways to customers

• Facilitate transactions and transfer funds to merchants

• Verify customer identities

• Issue payment cards to consumers

During the settlement process of a payment transaction, what actually occurs?

• Funds are transferred from the customer's bank to the merchant's bank

• The acquiring bank approves the transaction

• Sensitive payment data is stored securely

  
  

• The payment network routes the transaction to the payment acquirer

  
  

Which regulatory standard mandates data security and privacy for payment card information?

• PCI DSS

• GDPR

• HIPAA

• ISO 9001

What does the acronym ACH stand for in the context of electronic payments?

• Automated Clearing House

• Advanced Cryptographic Hashing

• Authorization Code Handling

• Account Check Holders

Who is tonder's tokenization provider?

• TOKENEX

• Skydrop

• Skyflow

• Spreedly

Invalid Card Number is a ...

• Hard decline

• Soft decline

• N/A

• N/A

Who are some acquirers in MX?

• PayPal, dLocal, Stripe

  
  

• Kushki, Getnet, Conketa

  
  

• Fiserv, Visa, Fintoc

  
  

• Prosa, Fiserv, Getnet

  
  

What's the main purpose of 3DS2?

• Authentication solution to protect customers when they shop in store

  
  

• Chargeback solution designed to protect customers when they shop online

  
  

• Authentication solution through e-mail code.

  
  

• Authentication solution to protect customers when they shop online

  
  

Which industry is most impacted by payment orchestration solutions?

• Healthcare

  
  

• Retail

  
  

• Education

  
  

• Agriculture