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It is a type of electronic card which is used for transactions made online through a computer or a smartphone. - Commercial Studies

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Question

It is a type of electronic card which is used for transactions made online through a computer or a smartphone.

Options

  • E-wallet

  • Debit card

  • Credit card

  • None of these

MCQ

Solution

E-wallet

Explanation:

  1. E-wallets, also known as electronic wallets, have become increasingly popular in recent years as a convenient and secure method for making online transactions. 
  2. E-wallets, like credit or debit cards, are digital cards that may be used to make online transactions from computers or smartphones.
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Modes of Transfering Money Online
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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 15. | Page 255
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