Ecommerce Ecommerce Payments and Security

Question 1

What does PCI DSS stand for in ecommerce payment security?

Accepted Answer

Payment Card Industry Data Security Standard

Answer

Private Customer Information Data Safety System

Answer

Protected Commerce Interface Digital Security Standard

Answer

Payment Compliance Integration Data Service

Question 2

What is a payment gateway in ecommerce?

Accepted Answer

A software service that securely transmits payment data between buyer, merchant, and bank

Answer

A physical card reader at a store checkout

Answer

A bank account linked to a merchant's store

Answer

A fraud detection algorithm

Question 3

What is the primary purpose of SSL/TLS certificates on an ecommerce website?

Accepted Answer

To encrypt data transmitted between the user's browser and the server

Answer

To improve page load speed

Answer

To block competitor bots

Answer

To validate product reviews

Question 4

Which fraud prevention method requires customers to enter a one-time code sent to their phone during checkout?

Accepted Answer

3D Secure (3DS) authentication

Answer

CAPTCHA

Answer

Address Verification System (AVS)

Answer

CVV verification

Question 5

What does the Address Verification System (AVS) check during an online transaction?

Accepted Answer

Whether the billing address matches the address on file with the card issuer

Answer

Whether the shipping address matches the billing address entered by the customer

Answer

Whether the delivery address is within the merchant's shipping zone

Answer

Whether the customer's IP matches their stated location

Question 6

What is a chargeback in ecommerce?

Accepted Answer

A forced reversal of a credit card transaction initiated by the cardholder's bank

Answer

A discount applied to a repeat customer's next order

Answer

A refund issued directly by the merchant

Answer

A fee charged by the payment gateway per transaction