Basic Configurations for Processing Online Payments Include Each of the Following

question 37

Multiple Choice

Basic configurations for processing online payments include each of the following except

• A) using a POS operated by an acquirer.
• B) using a POS operated by a payment service provider.
• C) owning the payment software.
• D) contracting with an online cash checking company.

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Definitions:

Sender

The originator of a message in the communication process who intends to convey information or ideas to others.

Receiver

In communication, the individual or group that interprets or makes sense of a message sent to them.

Media Richness Continuum

A scale measuring communication media's ability to reproduce the information sent over them, ranging from rich (face-to-face interaction) to lean (text messages).

Formal Numerical Documents

Official records that contain numerical data, such as financial statements, statistical reports, or performance metrics, used for analysis and decision-making.