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Payment Methods - Quiz

Each question is worth one point. Select the best answer or answers for each question.

1. What two items does an online merchant account typically include?
Please select the best answer.
  A. An SSL ID and a SET number
  B. A payment gateway and an SSL
  C. A merchant ID and a terminal ID
  D. A payment gateway and site development software

2. You wish to create a site quickly. The site should automatically process information. You do not have much technical knowledge, and do not want to bother with software installation. You do not require extensive control over transaction processing. Which of the solutions below is ideal in this scenario?
Please select the best answer.
  A. A payment gateway
  B. A local payment gateway
  C. An SSL session
  D. A third-party payment gateway

3. According to standard industry practice, what is the issuer responsible for?
Please select the best answer.
  A. Providing a credit card to the customer
  B. Providing a credit card to the acquirer
  C. Managing the payment gateway
  D. Providing a payment gateway