The Benefits of E-Cash for Modern Transactions

The Benefits of E-Cash for Modern Transactions

Assessment

Flashcard

English

12th Grade

Hard

Created by

atik astrini

FREE Resource

Student preview

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10 questions

Show all answers

1.

FLASHCARD QUESTION

Front

What is e-cash?

Back

E-cash is electronic cash that serves as a practical and efficient alternative to traditional cash transactions.

2.

FLASHCARD QUESTION

Front

What are the main benefits of e-cash for students?

Back

The main benefits of e-cash for students include convenience in transactions, enhanced security, and better budget management.

3.

FLASHCARD QUESTION

Front

How does e-cash provide convenience in everyday transactions?

Back

E-cash allows individuals to make payments easily using a smartphone or card, which is particularly helpful for students who need to purchase items without carrying cash.

4.

FLASHCARD QUESTION

Front

What are some examples of e-cash applications?

Back

Examples of e-cash applications include digital wallets that enable quick transactions.

5.

FLASHCARD QUESTION

Front

What security features does e-cash offer?

Back

E-cash can be protected with passwords or biometric verification, such as fingerprints or facial recognition.

6.

FLASHCARD QUESTION

Front

What happens if a student's phone or card with e-cash is lost?

Back

If a student's phone or card is lost, the money remains safe as the user can disable access to their account remotely.

7.

FLASHCARD QUESTION

Front

How does e-cash help students with budget management?

Back

E-cash platforms often provide features to track spending habits, allowing students to review transaction history and set budgets.

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