What Type of Hybrid Method Immediately Converts Paper Check Payments

question 82

Multiple Choice

What type of hybrid method immediately converts paper check payments at the point-of-sale terminal to an electronic form of payment?

• A) Check-to-electronic conversion.
• B) Automated Clearing House.
• C) Peer-to-peer payments.
• D) Prepaid card.

---

Definitions:

Inductive Reasoning

A method of reasoning in which conclusions are drawn from specific examples or evidence, moving from the particular to the general.

General Principle

A fundamental truth, law, or concept that serves as the foundation for a system of belief or behavior or for a chain of reasoning.

Predictions

Statements or assertions about what will happen in the future, often based on observation, hypothesis, or statistical analysis.

Heuristic

A mental shortcut or rule of thumb that simplifies decision making, not guaranteed to be optimal, perfect, or rational, but useful for making quick decisions.