L217 | Session 17

Maya is in a restaurant. She pays the bill with her debit card. She has to enter the ................ to complete the payment

• PIN

• PAN

• PUN

• PEN

Rey got a gift card on his birthday from his grandparents. It had a balance of $500 and can be used for purchasing various things. This is a .................... card

• Post paid debit

• Pre paid debit

• Debit

• ATM

You want to purchase the latest sneakers launched by NIKE. You make a payment via your debit card on the online store. You have to enter the ........................ to complete the purchase.

• OTP

• OR

• AND

• ABC

A .................... is a number between 300–850 that depicts a consumer's creditworthiness.

• Credit Score

• Debit Score

• ATM Score

• Bank Score

Visa and Mastercards are some banks that issues the cards.

• True

• False

A payment gateway is used by merchants to accept debit or credit card purchases from customers.

• Yes

• No

Rey owns a credit card. He was late to pay the credit card bill even after regular reminders by the bank. He will have to pay late fees and ......................... on the bill.

• Interest

• Money

• Balance

• PIN