Examlex
A company recently set up an e-commerce portal to sell its product online. The company wants to start accepting credit cards for payment, which requires compliance with a security standard. Which of the following standards must the company comply with before accepting credit cards on its e-commerce platform?
Zip Code
A series of letters, numbers, or both, assigned to different areas to facilitate mail delivery and identify locations specifically in the United States.
Trade Area
The geographic region from which a business draws its customers.
Market Segments
Subsets of a market made up of people or organizations with one or more characteristics that cause them to demand similar product and/or services based on qualities like needs, characteristics, or behaviors.
Excessive Costs
Costs that exceed the expected or budgeted amount, often leading to financial strain for a business.
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