Using Google Wallet, Consumers Can Pay for Goods in Stores

question 119

True/False

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 near field communications NFC) technology.

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Definitions:

Conditional

Referring to something that is dependent on certain conditions or requirements being met.

Unconditional

Unconditional means not subject to any conditions or limitations; absolute.

Small Business Administration (SBA)

A U.S. government agency that provides support to entrepreneurs and small businesses, including loans, grants, and educational resources.

Executive Agency

An agency that is typically located within the executive branch, under one of the cabinet-level departments. The agency head is appointed by the president with the advice and consent of the Senate.