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

PCI DSS is the global standard that mandates how merchants must protect cardholder data to prevent fraud.

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 payment gateway encrypts and transmits transaction data between the customer, merchant, and acquiring bank for authorization.

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

SSL/TLS certificates encrypt data in transit, protecting sensitive information like credit card numbers from interception.

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

3D Secure adds an extra authentication layer by requiring a one-time password or biometric confirmation for online card payments.

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

AVS compares the billing address entered by the customer against the address registered with the card-issuing bank.

Ecommerce Practice Test