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Payment Transactions Processing - Quiz

Payment transactions and payment processing review

Each question is worth one point. Select the best answer or answers for each question.
1. You are installing IBM Net.Commerce. Which of the following e-commerce elements does it contain?
Please select the best answer.
  A. A merchant ID (MID)
  B. A payment gateway
  C. A terminal ID (TID)
  D. An online merchant account

2. You wish to allow online credit card purchases. You wish to prove your Web server's identity to your customers. Which of the following items do you require to be installed on your server?
Please select the best answer.
  A. A digital signature
  B. SSL
  C. A digital certificate
  D. Both A and C

3. You wish to automate the processing of credit card information after you have received it. Which of the issues below should you consider?
Please select the best answer.
  A. Properly configured international currency translation options
  B. Proper use of the public key
  C. A properly configured digital certificate
  D. Proper use of the private key

4. You are using digital cash as a payment option. To implement the point-of-sale module, you must:
Please select the best answer.
  A. Use CGI scripts
  B. Secure the payment gateway
  C. Use digital cash for the gateway
  D. Register with the electronic cash component supplier

5. Which of the following industry standards was devised with the purpose of establishing a universal way to create, manage, and store certificates?
Please select the best answer.
  A. SSL
  B. SET
  C. PKI
  D. RFC

6. Which of the following items is NOT found in standard digital certificates?
Please select the best answer.
  A. The certificate holder's name
  B. The name of the CA
  C. Validity dates
  D. Personal preferences

7. You just revoked your certificate a month ago. However, you now realize this certificate is actually valid. What can you do to make this certificate trusted again?
Please select the best answer.
  A. Petition your CA
  B. Restore it from a system backup
  C. Resubmit it to your CA
  D. Create a new key pair and submit it to your CA

8. Which of the below standards describes the contents of all digital certificates?
Please select the best answer.
  A. SSL
  B. SET
  C. X.509v3
  D. PKI

9. What is another name for a device run by a merchant bank that enables it to query a card holder's account to see if it is valid?
Please select the best answer.
  A. An issuer
  B. An acquirer
  C. A payment gateway
  D. A card holder bank