Digital Payments Quiz

Which of the following is not a type of digital payment system?

• Cryptocurrencies

• Mobile payment apps

• Cash payments

• Online digital payment systems

Which of the following is an example of a mobile payment app?

• Visa

• SberPay

• Tinkoff

• Ripple

What is the main feature of contactless payments?

• High interest rates

• Limited transaction visibility

• Complex authentication methods

• Near field communication (NFC) technology

Which cryptocurrency was the first to be created?

• Ripple

• Litecoin

• Ethereum

• Bitcoin

What is a key benefit of digital payments related to security?

• Lack of encryption

• Limited control over card usage

• Use of highly secure authentication methods

• Increased risk of credential theft

Which digital card solution allows the issuer to set tighter and more detailed rules for card usage?

• Universal card

• Debit card

• Prepaid card

• Digital card

Which financial institution offers the SberPay service for its customers?

Answer explanation

SberPay service is offered by Sberbank, the leading financial institution in Russia.

What is the most popular cryptocurrency after bitcoin?

• Ethereum

• Litecoin

• Ripple

• Bitcoin

What is the main advantage of using a tokenization-enabled digital card solution?

• Lack of transparency in transactions

• Single way to add digital cards with individual tokens

• Limited control over card usage

• Increased risk of fraud

What is the primary advantage of using blockchain technology in digital payments?

• Increased risk of fraud

• Enhanced security and transparency

• Lack of encryption

• Complex authentication methods