BUIS3103 VIDEO QUIZ

What is a characteristic of PayPal as a payment processing service?

• It is primarily used for in-person transactions.

• It is free for all transactions.

• It is one of the most popular payment options with over 250 million users.

• It only integrates with custom API solutions.

What is a key benefit of integrating Amazon Pay into an e-commerce checkout process?

• It offers loyalty programs and digital gift cards.

• It allows customers to check out without re-entering payment details.

• It is completely free for both merchants and customers.

• It is primarily designed for in-person credit card swiping.

Which of the following features is offered by Google Pay?

• Tokenization for secure credit card information.

• Physical credit card swiping point-of-sale options.

• Loyalty programs, digital gift cards, and other deals.

• A flat rate plus a percentage fee on every purchase.

What security feature does Apple Pay utilize to protect credit card information?

• It encrypts data during transfer but stores it on the merchant's server.

• It uses tokenization, so credit card info is never transferred over the internet.

• It requires customers to re-enter their details for every purchase.

• It relies on a third-party security provider for all transactions.