KK# <> X#nd#t

KK# <> X#nd#t

Professional Development

8 Qs

quiz-placeholder

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KK# <> X#nd#t

KK# <> X#nd#t

Assessment

Quiz

Professional Development

Professional Development

Easy

Created by

CS Xendit

Used 1+ times

FREE Resource

8 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Below are the things that KKI as master account able to do, except:

Withdrawing balance from deposit sub account

Withdrawing balance from withdrawal sub account

Exporting transaction report of PFAK

Removing API key from PFAK sub account

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which statement is true?

PFAK can choose to receive payment from both of their sub accounts

PFAK can only receive payment from deposit sub account

PFAK can only receive payment from withdrawal sub account

PFAK can send money from both of their sub accounts

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the flow that is implemented to safeguard end users` assets?

KKI will create 2 sub accounts for each PFAK

KKI will hold 70% from the amount and return the 30% to PFAK withdrawal sub account

KKI will initiate all PFAK transaction

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which account will be used to receive transaction?

Media Image
Media Image
Media Image

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which account will be used to send money to the end users?

Media Image
Media Image
Media Image

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following statement regarding withdrawal is correct:

KKI is allowed to add their bank account on deposit sub account despite the difference in legal name

All sub accounts will use KKI bank account for withdrawal purpose

PFAK is not allowed to add bank account on their withdrawal sub account

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The following statement about PFAK is correct:

PFAK can choose whether they want to affiliate with KKI or not based on their needs

PFAK will receive 3 sub accounts for their business needs

If PFAK is an existing merchant, their old BID will be migrated to deposit sub account and they will receive another BID for withdrawal sub account

PFAK can choose to send money to end users from any sub accounts that they have access to

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Can PFAK choose which sub account they would like to activate and the other sub account will be automatically activated without submitting legal docs again?

Yes they can

Once any sub account is activated, the other sub account will be automatically activated as well

No they can't

PFAK need to activate both sub accounts one by one