Methods of Payment Quiz

What method of payment is paying with coins or bills?

• cash

• cheque

• debit card

• gift card

• credit card

What form of payment is it when you pay for something with your phone or watch?

• automatic deposits

• wire transfers

• electronic wallet

• online payments

What method of payment is using a card with $50 on it that has already been purchased from a store?

• credit card

• cash

• cheque

• gift card

What method of payment is paying with a card that links to your bank account?

• credit card

• debit card

• gift card

• cash

What method of payment is sending money to a friend using email?

• Cheque

• Debit Card

• Electronic Money Transfer

• Credit Card

What method of payment is giving a piece of paper to someone that shows how much money you want them to take out of your bank account for them to put into their account?

• Cheque

• Gift Card

• Debit Card

• Electronic Money Transfer

What method of payment is using a card to pay for things with borrowed money?

• Electronic Money Transfer

• Gift Card

• Debit Card

• Credit Card

What form of payment is it when we pay for something online?

• electronic wallets

• online payments

• wire transfers

• automatic deposits

What form of payment is it when money is automatically sent to our bank account?

• automatic deposits

• wire transfers

• automatic payments

• cryptocurrency

What method of payment is it when a bank sends large amounts of money to another bank?

• online payments

• cryptocurrency

• automatic payments

• wire transfers