APPLICATION LAYER
PEER TO PEER PARADIGM
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Most P2P apps or services can be linked to checking accounts, debit cards or ____
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certificate of deposits
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money market accounts
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credit cards
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stocks and bonds
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Explanation:
Detailed explanation-1: -P2P payment services, either on a website or mobile app, are linked to a bank account, credit card, or debit card. P2P payment services can be free to use, but some types of transactions may have a fee.
Detailed explanation-2: -Generally speaking, you can make P2P payments from a linked bank account or straight from the P2P account for free. But some providers charge fees-2% or 3% to process payments drawn from a credit or debit card, for example-for other payment methods.
Detailed explanation-3: -Peer-to-peer payment services are apps or app features that allow you to send money to other people-often by searching for their phone number, email address or username-quickly and usually for free.
There is 1 question to complete.