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One Advantage of Many Mobile Payment Systems Over Traditional Credit

question 59

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One advantage of many mobile payment systems over traditional credit card systems is the ability to handle micropayments,or transactions involving relatively small sums of money.


Definitions:

Full-Service Retailers

Businesses that offer a wide range of services to their customers, including sales assistance and after-sales services.

Depth of Product Line

The range of different items of the same type that a company sells, offering variety to consumers.

Product Classes

Categories or groups of products that serve similar purposes and are perceived by consumers as related or comparable.

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