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:

Profitable Use

Utilization of resources, assets, or opportunities in a manner that maximizes profits or financial gains.

Constrained Resource

A limited or scarce resource in a production process that can restrict the throughput or output of the entire system.

Milling Machine Time

The time required for a milling machine to complete a piece of work, often considered in manufacturing cost calculations.

Demand Satisfaction

The fulfillment of consumer desires and needs through the provision of products or services.