Other Domains - Payment Flashcards

1
Q

MCP in Payment

A

Multi-Currency Payment:
Visa and Mastercard feature allowing:
- the customer to pay the exact amount shown without fees in the currency of their choice
- the merchant to collect the exact amount expected in their currency

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2
Q

Payment steps with APP (4)

A
  • 3DS2
  • CC fraud
  • Authorisation (w/ 3DS2)
  • Acquisition
    all orchestrated by APP
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3
Q

FOP supported by APP (7)

A

Visa, MasterCard, Amex
Diners, Discover
JCB
IATA Easy Pay

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