Web Services And Payment System

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| By Diyasystems
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Diyasystems
Community Contributor
Quizzes Created: 20 | Total Attempts: 7,311
Questions: 10 | Attempts: 321

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Consumer Payment Quizzes & Trivia

Test on Web services and Payment system


Questions and Answers
  • 1. 

    The following is not a BizLand package:

    • A.

      Charter

    • B.

      Starter

    • C.

      Value

    • D.

      Pro

    • E.

      Commerce

    Correct Answer
    B. Starter
    Explanation
    The correct answer is "Starter" because it is stated in the question that "The following is not a BizLand package" and "Starter" is listed among the options. Therefore, it is not a BizLand package.

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  • 2. 

    _____________  payment methods  are not supported in BizLand. ( May contain multiple answers)

    • A.

      Check

    • B.

      Paypal

    • C.

      Western Union

    • D.

      Money Order

    Correct Answer(s)
    B. Paypal
    C. Western Union
    Explanation
    Paypal and Western Union are not supported payment methods in BizLand.

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  • 3. 

    Dispute placed by the credit card holder against the credit card charges is called_________.

    • A.

      Phising

    • B.

      PiggyBack

    • C.

      Chargeback

    • D.

      Escrow

    Correct Answer
    C. Chargeback
    Explanation
    A dispute placed by a credit card holder against the credit card charges is called a chargeback. This occurs when a cardholder disagrees with a charge on their credit card statement and requests their credit card company to reverse the transaction. The chargeback process allows the cardholder to dispute unauthorized or fraudulent charges, as well as charges for goods or services that were not received or were unsatisfactory.

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  • 4. 

    ______________is the act of attempting to fraudulently acquire sensitive information from the Web site.

    • A.

      Phising

    • B.

      PiggyBack

    • C.

      Escrow

    Correct Answer
    A. Phising
    Explanation
    Phishing is the act of attempting to fraudulently acquire sensitive information from a website. This is typically done by sending deceptive emails or creating fake websites that mimic legitimate ones, tricking users into entering their personal information such as passwords, credit card numbers, or social security numbers. The purpose of phishing is to steal sensitive data for malicious purposes, such as identity theft or financial fraud.

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  • 5. 

    NGS stands for:

    • A.

      Not in Great Standing

    • B.

      Not in Good Sanding

    • C.

      Not in Goods Standing

    • D.

      Not in Good Standing

    • E.

      Not in Group Standing

    Correct Answer
    D. Not in Good Standing
    Explanation
    NGS stands for "Not in Good Standing". This term is commonly used to describe a person or organization that has failed to meet certain requirements or obligations, resulting in a loss of good reputation or legal standing. It indicates that the individual or entity is not in compliance with the standards or expectations set forth by a governing body or authority.

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  • 6. 

    ___________ days are given as grace period for the customer to renew the account.

    • A.

      21

    • B.

      28

    • C.

      20

    Correct Answer
    B. 28
    Explanation
    The correct answer is 28. In this context, "grace period" refers to the additional time given to a customer to renew their account without any penalties or consequences. Therefore, the customer has 28 days as a grace period to renew their account before facing any negative outcomes.

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  • 7. 

    $35.00 will be charged additionally to the credit card when a customer cancels the account before the next renewal date.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    There will not be an additional charge of $35.00 to the credit card if a customer cancels the account before the next renewal date.

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  • 8. 

    ___________ payment methods are not supported on our platform.( May contain multiple answers)

    • A.

      Paypal

    • B.

      WorldPay

    • C.

      MoneyOrder

    • D.

      Debit Card

    • E.

      Western Union

    Correct Answer(s)
    B. WorldPay
    E. Western Union
    Explanation
    WorldPay and Western Union are not supported payment methods on our platform.

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  • 9. 

    _________________ is the software which bills the credit card on file.

    • A.

      Rebiller

    • B.

      Merchant Account

    • C.

      Payment Gateway

    Correct Answer
    A. Rebiller
    Explanation
    A rebiller is the software that handles the process of billing a customer's credit card on file. It is responsible for automatically charging the customer for recurring payments or subscription fees. This software ensures that the payment information is securely processed and the correct amount is charged to the customer's credit card.

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  • 10. 

    If a phising complaint is received from the third party, then the hosting account will be deleted.

    • A.

      True

    • B.

      False

    Correct Answer
    B. False
    Explanation
    If a phishing complaint is received from a third party, it does not necessarily mean that the hosting account will be deleted. While phishing is a serious offense and can lead to consequences, the specific actions taken by the hosting provider will depend on their policies and procedures. They may investigate the complaint, take down the offending content, issue warnings, or suspend the account temporarily. However, deletion of the hosting account would not be the automatic or only response to a phishing complaint.

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  • Current Version
  • Mar 21, 2023
    Quiz Edited by
    ProProfs Editorial Team
  • Jan 13, 2010
    Quiz Created by
    Diyasystems
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