According to Your Textbook, the Most Common Forms of Online

question 26

Multiple Choice

According to your textbook, the most common forms of online payment involve paying with _____________ or ____________________.

• A) Credit cards / electronic bill payment
• B) Debit card / credit card
• C) Smart cards / micropayments
• D) e-Cash / smart cards

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Definitions:

Materialize

To become real or actual; in finance, it refers to the realization of expected results, risks, or events in tangible form.

Long-term Notes Payable

Liabilities or debts with a repayment period extending beyond one year, evidenced by a formal promissory note.

Floating Interest Rates

Interest rates that fluctuate over time based on the market or an index.