Using Google Wallet,consumers Can Pay for Goods in Stores

question 31

Short Answer

Using Google Wallet,consumers can pay for goods in stores.At check out,mobile users simply pass or tap their phone on a merchant terminal and payment is transferred.Users receive an SMS text message confirmation.The Google Wallet and similar payment systems are based on _____________ technology.

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Definitions:

Financial Return

The profit or loss generated on an investment over a specific period, often expressed as a percentage of the investment's cost.

ROI

Return on investment; a measure of the profitability of an investment expressed as a percentage of the initial amount invested.

Profit Goals

Specific financial targets that a company aims to achieve within a certain period, often measured in terms of net income or margin percentages.

Customer Perceptions

The understanding or view that customers have towards a product, service, or business, influenced by marketing, experience, and word-of-mouth.