What makes Apple Pay a significant development in the payment industry?
500 More Banks Have Signed on to Apple Pay: Warren

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Business, Architecture
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
It introduces a new currency.
It eliminates the need for banks.
It is exclusive to Apple devices.
It promises widespread adoption of contactless payments.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Apple Pay affect Android devices?
It requires Android devices to use Apple software.
It makes Android devices obsolete.
It allows Android devices to use NFC technology.
It restricts Android devices from using contactless payments.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is a potential risk of using Apple Pay mentioned in the transcript?
Network connectivity issues.
Losing your phone.
Running out of battery.
Forgetting your password.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What traditional payment method is Apple Pay expected to replace?
Cash and checks.
Online banking.
Cryptocurrency.
Wire transfers.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the stock market perspective on Apple as discussed in the transcript?
Apple's stock is unaffected by interest rates.
Apple's stock is overvalued.
Apple's stock is considered cheap and promising.
Apple's stock is expected to decline.
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