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प्रश्न
State with reasons whether the following statement true of false.
Credit cards are used for cash payments.
विकल्प
True
False
उत्तर
Credit cards are used for cash payments: False
Explanation:
The statement is false. Credit cards are used for making payments on credit. When a person uses a credit card to purchase goods and services, there is no physical exchange of money. However, the amount is paid to the seller by the card-issuing bank; that is, the seller’s account is credited and the cardholder’s account is debited.
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संबंधित प्रश्न
Select the proper option from the options given below and rewrite the completed sentence:
The process of contracting a business function to someone else is called as ________.
Match the pairs:
Group A | Group B | ||
a. | e-business | 1. | cost reduction |
b. | B to C | 2. | Hyper Transfer Text Protocol |
c. | ATM | 3. | encryption |
d. | Payment geteway | 4. | electronic business |
e. | HTTP | 5. | point of sale |
6. | Business to Consumer | ||
7. | Business to Business | ||
8. | authorizes payment made online | ||
9. | outsourcing | ||
10. | Automatic Teller Machine |
Write the word or phrase or term which can substitute the following:
Name the form of electronic currency that exists only in cyberspace.
Write the word or phrase or term which can substitute the following:
Name the service provider which is used for payments through web.
Write short note on the following:
Online transactions
Write short note on the following:
Payment Mechanism
State with reasons whether the following statement true of false.
The term “e-business” is derived from the terms “e-mail” and “e-commerce”.
State with reasons whether the following statement true of false.
In online transactions, account and shopping cart are password protected.
Write short answers for the following question:
What is a payment gateway?
Write short answers for the following question:
What is net-banking transfer?
Answer the following.
What is e-business? How did the concept originate?