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Mobile _________ Allow Users to Pay for Goods and Services

question 142

Short Answer

Mobile _________ allow users to pay for goods and services using their smartphone or other mobile device to transfer funds in a way that is convenient,safe,and secure.


Definitions:

Cost of Equity

The rate of return that a company is expected to pay to its shareholders to compensate them for the risk of investing in the equity of the company.

Leverage

The use of various financial instruments or borrowed capital, like debt, to increase the potential return of an investment.

Debt-Equity Ratio

The ratio of a firm's total liabilities to its shareholders' equity, used to assess financial leverage.

Financial Risk

The possibility of losing money on an investment or business venture, often associated with the uncertainty of returns.

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