When Credit and Debit Card Information Is Embedded in Smartphones

question 113

Short Answer

When credit and debit card information is embedded in smartphones, you have
a mobile digital wallet.
a system which is designed to allow hackers to steal your money.
a smart card.
a point-of-sale transfer system.
a debit card

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Definitions:

Intuition

The capacity to grasp concepts intuitively, without relying on deliberate thought.

Rapidly Formed

Quickly developed or put together, often with little preparation or forethought.

Representativeness Heuristic

A cognitive shortcut that involves making decisions based on how closely new information resembles existing stereotypes or prototypes.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.