Which Retail Payment Mechanism Has Experienced the Most Dramatic Increase

question 55

Multiple Choice

Which retail payment mechanism has experienced the most dramatic increase in usage (when measured in terms of the value of transactions) ?

• A)Cash.
• B)Cheques.
• C)Credit cards.
• D)Debit cards.
• E)Direct entry.

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Definitions:

Research

Systematic investigation to establish facts and reach new conclusions.

Friendships

Relationships between two or more individuals based on mutual affection, trust, support, and interests.

Physical Support

The act of providing assistance or reinforcement that is physical in nature, often essential for health and wellbeing.

Resources

Various types of assets, including material, financial, and human, that can be utilized to achieve goals or meet needs.