A multi-card or universal card is synonymous with which term?

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Prepare for the Certified Compensation Professional (CCP) Electronic Transactions Association (ETA) Exam with flashcards and multiple choice questions. Each question includes hints and explanations to enhance your understanding. Get ready for your CCP exam today!

A multi-card or universal card is synonymous with the term "Campus Card." Campus cards are used by universities and colleges to serve multiple functions, such as identification, access control, and payment for various campus services, combining features that might typically require multiple cards into one. This universality allows students and faculty to utilize a single card for a wide range of applications, enhancing convenience and efficiency.

In contrast, the other terms refer to different concepts. The capture method pertains to how transactions are processed and recorded, while the cancellation code relates to codes used to void or cancel transactions. A call report typically involves a summary of calls or interactions, which is unrelated to the multifunctional purpose of a campus card. Thus, the association of a multi-card with "Campus Card" accurately captures the essence of its functionality within educational institutions.

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