BANKING GENERAL KNOWLEDGE
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What is e-payment?
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Electronic payment for buying and selling through the Internet
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Payment of online software
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Payment of online services
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None of the above
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Explanation:
Detailed explanation-1: -Electronic Payments entail the transfer of funds through electronic or digital mediums. You can choose from different e-payment methods like mobile wallets, bank cards, mobile banking, etc. E-payments are quick and efficient, and the fund transfer typically takes place instantly. It is a secure mode of making payments.
Detailed explanation-2: -The most popular methods of electronic payments include credit cards, debit cards, virtual cards, and ACH (direct deposit, direct debit, and electronic checks).
Detailed explanation-3: -What is e-payment? Electronic payment for buying and selling through the Internet. Payment of online software.
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