Which of the following is a source for a funding load?

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!

The correct answer indicates that credit cards and debit cards are sources for a funding load due to the way these payment methods function within banking and payment systems.

When a consumer uses a credit or debit card, funds can be loaded onto a payment platform or account from the associated bank account or credit line. Credit cards allow the user to borrow funds up to a certain limit, while debit cards draw directly from the user's bank account. This makes both payment types viable options for funding a load, as they can transfer funds electronically or as purchases.

In contrast, payment corrections typically involve adjustments to previously processed transactions and do not directly contribute to funding loads. Wire transfers, while they can certainly be a method of transferring funds, do not encompass the broader scope of payment methods included in the correct answer. Lastly, limiting the funding source to only cash transactions excludes the widely used electronic methods that are vital in modern payment processing. Thus, credit cards and debit cards provide a comprehensive and contemporary means of funding loads, signifying their importance in the payment ecosystem.

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