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Levels Tought:
Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 283 Weeks Ago, 1 Day Ago |
| Questions Answered: | 27237 |
| Tutorials Posted: | 27372 |
MCS,MBA(IT), Pursuing PHD
Devry University
Sep-2004 - Aug-2010
Assistant Financial Analyst
NatSteel Holdings Pte Ltd
Aug-2007 - Jul-2017
Question 1
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1. Payment card service companies charge merchants per-transaction fees and monthly processing fees
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 True
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 False
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QUESTION 2
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1. Electronic cash can be traced back to the person who spent it.
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 True
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 False
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QUESTION 3
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please put a 1 ,2, or 3 to tell what order they go in….
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1. Steps followed once a merchant receives a consumer’s payment card information:
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Merchant authenticates payment card
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Merchant checks with payment card issuer
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Settlement of balance with the issuer
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QUESTION 4
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1. Which is not a disadvantages of electronic cash
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A. |
No audit trail |
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B. |
Money laundering and fraud |
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C. |
Transactions are more efficient |
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D. |
Susceptible to forgery |
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QUESTION 5
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1. Electronic Cash can not serve as a substitute for government-issued physical currency.
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 True
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 False
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QUESTION 6
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1. Electronic Wallets hold credit card numbers, electronic cash, owner identification, and contact information.
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 True
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 False
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QUESTION 7
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1. Match the term and definition
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|
|
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QUESTION 8
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1. One advantage of electronic cash is that it costs less than processing credit card transactions.
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 True
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 False
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