The Battle for the Mobile Wallet: Which of the Following

question 50

Multiple Choice

The Battle for the Mobile Wallet: Which of the following statements concerning mobile wallets is true?

• A)Traditional credit card issuers have not shown a serious interest in this technology.
• B)Individual companies cannot utilize this technology due to its prohibitive price.
• C)Google has launched a program to manufacture its own smart phone chips.
• D)Unlike traditional wallets, smart phones can be password protected.
• E)Consumer advocates endorse mobile systems because they will lead to lower prices.