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
2
Q
Payment steps with APP (4)
A
- 3DS2
- CC fraud
- Authorisation (w/ 3DS2)
- Acquisition
all orchestrated by APP
3
Q
FOP supported by APP (7)
A
Visa, MasterCard, Amex
Diners, Discover
JCB
IATA Easy Pay