Test Your Knowledge About Bank Payment Processing Services! Trivia Quiz

7 Questions | Total Attempts: 38

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Test Your Knowledge About Bank Payment Processing Services! Trivia Quiz

Test Your Knowledge about Bank Payment Processing Services using this trivia quiz. Banks have different ways of making payments, and one of the major characteristics is that they are secure, and every payment made is recorded appropriately. Take up this quiz and get to see just how much you know as per your level at work. All the best!


Questions and Answers
  • 1. 
    Please select the following information that is required for creating a user ID that allows a Merchant to make account changes & bank changes - 
    • A. 

      Merchant ID

    • B. 

      Postal Code

    • C. 

      Bank Information

    • D. 

      All of the above

  • 2. 
    Bank changes and Account Services can be performed on the Merchant website under which dashboard?
    • A. 

      Disputes Dashboard

    • B. 

      Payments Dashboard

    • C. 

      Account Services Dashboard

  • 3. 
    OTC (One Time Code) consists of how many digits?
    • A. 

      5

    • B. 

      6

    • C. 

      7

  • 4. 
    Please select the following attributes which a merchant can change while performing Account Servicing.
    • A. 

      Legal Name Change

    • B. 

      Address Change

    • C. 

      Phone number Change

    • D. 

      All of the above

  • 5. 
    Can a merchant perform the bank changes on multiple accounts on Merchant Interactive?
    • A. 

      Yes

    • B. 

      No

  • 6. 
    Bank Changes can be processed on Merchant Interactive without verifying the existing bank information
    • A. 

      True

    • B. 

      False

  • 7. 
    The Account servicing update on Merchant Interactive reflects on real-time basis on our system of records.
    • A. 

      True

    • B. 

      False

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