Question

State with reasons whether the following statements are True or False

Credit cards are mostly used for online payment.

विकल्प

• True

• False

Answer 1

Credit cards are mostly used for online payment - True

Explanation: In e-business payments have to be made online. There is no physical exchange of cash across a counter. In credit card we can purchase the goods first and then we can pay the due to bank in a future time.