What type of card does the term "CPS/AFD" refer to in Visa's program?

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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!

The term "CPS/AFD" refers specifically to Petroleum Cards in Visa's program. These cards are designed for use at gas stations and other fueling locations, focusing on the unique needs of the petroleum industry. This type of card typically has features that cater to fleet management, including the ability to monitor fuel purchases and manage expenditures effectively.

Petroleum Cards often include specific security and fraud prevention measures due to the high volume of transactions that can occur in this sector. They are tailored to meet the operational demands of businesses that require fuel purchases for vehicles or machinery, distinguishing them from debit, prepaid, or credit cards which serve broader purposes with different functionalities.

In summary, "CPS/AFD" denotes a specialized category within Visa's offerings that addresses the specific requirements of the petroleum market, making it the correct choice in this context.

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