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18 December, 06:59

Match the correct EFTA and PCI Standards.

Which go under EFTA and which go under PCI?

Report a stolen debit card

Protect credit card data

Place a stop payment on recurring payments

Maintain a secure network

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Answers (2)
  1. 18 December, 07:07
    0
    EFTA:

    -report a stolen debit card

    -place a stop payment on recurring payments

    PCI:

    -protect credit card data

    -maintain a secure network
  2. 18 December, 09:53
    0
    Answer

    EFTA (Electronic Fund Transfer Act) - place a stop payment on recurring payments

    PCI standards-report stolen debit card, protect credit card data and maintain a secure network

    Explanation

    The Electronic Fund Transfer Act (EFTA) put in place laws that protect customers when making electronic bank transactions using computers, mobile devices and ATM machines. This Act can stop a payment that has been identified to occur recurrently.

    The Payment Card Industry has data security standards and compliance that set policies and procedures to be followed in order to protect card transactions (debit, credit and cash) and eliminate the misuse of a card when making transactions. The standards which go under PCI are; reporting of stolen debit card, protecting credit card data and maintaining a secure network.
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