Study Guide
Table Of Contents
- PayPal Certified Developer Program Study Guide
- Contents
- List of Tables
- Online Payment Processing
- Internet Security and Fraud Prevention
- Why Every Business Should Be Concerned About Internet Fraud
- Liability for Internet Fraud
- Internet Fraud: What It Is and How It Happens
- Who Is at Risk for Online Fraud
- Reducing Exposure to Fraud
- What Banks and Card Associations Are Doing to Prevent Online Credit Card Fraud
- What PayPal Is Doing to Protect Your Business Against Fraud
- Disclosure and Compliance
- PayPal Fraud Protection Services
- Review Questions
- Getting Started With Account Setup
- API Credentials
- Name-Value Pair (NVP) API
- Express Checkout
- Direct Payment API
- Transactions
- Sandbox Testing
- Answers to Review Questions
- General Reference Information
- Glossary
- Index
PayPal Certified Developer Program Study Guide March 2008 41
Internet Security and Fraud Prevention
Review Questions
2
10.Indicate if each statement is True (T) or False (F).
_____ PayPal’s Basic Fraud Protection Service is the ideal solution for merchants who
process low transaction volumes through a Payflow payment gateway, while the
Advanced Fraud Protection Service is essential for businesses processing medium-
to-high transaction volumes.
_____ Both the Basic Fraud Protection Service and the Advanced Fraud Protection Service
catch common fraud warnings like high dollar amounts, high quantities, and
shipping/billing address mismatch.
_____ To support automatic rejection lists and automatic acceptance lists, you need to
upgrade to PayPal’s Advanced Fraud Protection Service.
_____ The PayPal Basic Fraud Protection Service provides full-time protection to keep an
eye on suspicious activity related to credits and refunds.