What is meant by 'activity' in the context of card transactions?

Boost your career with the ETA Certified Payments Professional (CPP) Exam. Learn with flashcards and multiple choice questions, including hints and explanations. Prepare for your success!

In the context of card transactions, 'activity' refers specifically to the transactions that occur on a cardholder's account, which are documented on the statement provided to the cardholder. These transactions include all purchases and any other financial interactions that have taken place using the card within a certain period.

This definition encompasses both the nature of card transactions, such as purchases, refunds, and adjustments, and how they are reported to the cardholder. It is crucial for cardholders to review this activity to manage their finances, detect fraudulent transactions, and ensure accurate billing.

In contrast, options that refer to the total number of cardholders in a program, the number of customer service calls, or the daily cash flow of a business do not align with the specific meaning of 'activity' in this context. They represent different metrics that do not relate to the transactions performed on a card.

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