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In case of ______ cardholder makes payment after using the card. - Commercial Studies

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Question

In case of ______ cardholder makes payment after using the card.

Options

  • E-wallet

  • Debit card

  • Credit card

  • None of these

MCQ
Fill in the Blanks

Solution

In case of credit card cardholder makes payment after using the card. 

Explanation:

The payment process begins with the cardholder swiping/dipping the card in the Point of Sale (POS) terminal or entering the payment information into a payment gateway.

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Electronic Banking (E-Banking) - ATM, Credit and Debit Cards
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Chapter 14: Banking - EXERCISES [Page 255]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 14 Banking
EXERCISES | Q 18. | Page 255
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