WorksheetsPayment system
Total questions: 17
Worksheet time: 8mins
The ___________ days that are usually given as a period of grace for the client to renew the account
21
31
30
28
___________ payment methods are not supported on platform.( May contain multiple answers)
Paypal
WorldPay
MoneyOrder
Debit Card
Western Union
What is e-payment?
Electronic payment for buying and selling through the Internet
Payment of online software
Payment of online services
What are the main concerns about electronic payment?
Privacy and security
Privacy and charged fees
Security and charged fees
Which of the following is not an example of mobile payment?
NFC
PaySafeCard
PayGol
Boku
Which one of the following is not a Digital Wallet?( May contain multiple answers)
Google Wallet
MFerio
IGS Wallet
Lemon Wallet
All the above are correct
On the internet, acceptance of electronic cash has not been easy to achieve, except in the form of pre-paid money cards that can be loaded on the internet but are spent at offline retail sites.
True
False
Credit cards have been the main payment method used for online purchases.
True
False
Non-electronic payment systems have traditionally included the following
credit cards, cash, and cheques
cash, ewallet, and cheques
Mondex, debit cards, and smart cards
What are the three main reasons for the failure of many new payment systems such as digital cheques?
difficulty developing a system that is secure, convenient, and accepted by everyone
difficulty developing a system that is worldwide, less costly, and long-lasting
difficulty developing a system that is portable, standard, and transferable
difficulty developing a system that is up to date, legal, and reliable
What is Digital checking?
An online commercial payment platform
An electronic variation of the paper check
Exploration software por payment checking
Which is the most challenging characteristic of cash when considering creating the equivalent on the internet?
acceptability
anonymity
portability
immediacy
All the above are correct
Mobile phone chips for payments have great promise.
True
False
Canada''s acceptance rate of debit cards is one of the highest in the world.
True
False
PayPal is currently used in how many countries and currencies
150 countries and 12 currencies
180 countries and 18 currencies
190 countries and 24 currencies
The Secure Electronic Transaction protocol is a method of securing credit card transactions through encryption and authentication technology.
True
False
Smart cards contain chips with memory, software, and their own operating system.
True
False
