How much do you know about payment processing? Take this quick quiz to find out.
Do you think you have a good understanding about payments? Curious to know what you don’t know? Test your knowledge with this simple, no-stakes payments quiz. We’ll help you determine whether you’re a payments novice, a payments genius, or somewhere in between.
We talk a lot about simplifying credit and debit card processing for our merchants here at Vantiv. There is so much more to payment processing than swiping cards through a credit card terminal—but we want it to feel that simple for our customers, so they have the freedom to focus on other aspects of their business. Truth be told, even experienced business owners can feel overwhelmed at all the options, variables, and dependencies involved in payments technology.
There is certainly a lot to know. But you don’t have to be an expert to have a basic understanding of the key elements of payment processing. Getting to know a little about how payments work, and understanding common terms will give you more confidence when you’re making decisions about your payment services. And a little confidence goes a long way. There’s always more to learn about credit card processing and payments as the technology continues to evolve.
Ready for another challenge? See if you can spot the payment security threats.