Electronic Commerce Payment Systems Quiz

Electronic Commerce Payment Systems Quiz

1st - 5th Grade

19 Qs

quiz-placeholder

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Electronic Commerce Payment Systems Quiz

Electronic Commerce Payment Systems Quiz

Assessment

Quiz

Others

1st - 5th Grade

Practice Problem

Hard

Created by

kooki Al Harbi

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19 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a payment card?

An electronic card for payment purposes

A card used for identification

A card that stores personal information

A card that can only be used offline

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of payment card?

Credit card

Charge card

Debit card

Gift card

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does authorization determine in online payment processing?

Whether the buyer's card is active

The merchant's profit margin

The shipping cost

The total amount of the transaction

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is settlement in the context of online payments?

The final step in product delivery

Transferring money from buyer to merchant

The process of issuing refunds

The process of verifying the buyer's identity

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a payment service provider (PSP)?

A system for tracking customer behavior

A software for managing inventory

A third-party service connecting merchants to banks

A type of credit card

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does the Address Verification System (AVS) do?

Compares the entered address with the bank's records

Confirms the buyer's email address

Checks the transaction history

Validates the merchant's registration

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a smart card?

An electronic card with an embedded microchip

A card that requires a signature for every transaction

A card that can only be used in physical stores

A card that cannot be recharged

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