A System Which Allows a Consumer to Transfer Funds from a Bank

question 9

Multiple Choice

A system which allows a consumer to transfer funds from a bank account to the merchant's bank account to pay for merchandise purchased is known as a:

• A) buying facilitation system.
• B) pay-by-phone system.
• C) point-of-credit system.
• D) point-of-sale system.

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Definitions:

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