Which of the following is similar to personal cheques, but feasible for very…
2016
Which of the following is similar to personal cheques, but feasible for very small transactions?
Answer: B. E-cash — E-cash is a digital payment instrument designed for electronic transactions and is feasible for very small payments, similar in purpose to personal cheques…
- A.
Credit card
- B.
E-cash
- C.
Debit card
- D.
Electronic signature
Attempted by 158 students.
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Correct answer: B
E-cash is a digital payment instrument designed for electronic transactions and is feasible for very small payments, similar in purpose to personal cheques for payment transfer.
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