Identify the risk factors which are associated with Electronic payment system.

2012

Identify the risk factors which are associated with Electronic payment system.

  1. A.

    Fraudulent use of Credit Cards

  2. B.

    Sending Credit Card details over internet

  3. C.

    Remote storage of Credit Card details

  4. D.

    All of the above

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Correct answer: C

Electronic payment systems face risks like fraud, transmission errors, and storage vulnerabilities. Because multiple distinct risk factors exist, the option encompassing all listed risks is the accurate choice.

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