ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Apple Pay, Samsung Pay and Venmo are all examples of
A
Credit Cards
B
Debit Cards
C
Electronic Payment Methods
D
Debt
Explanation: 

Detailed explanation-1: -You can spend it however you like in stores, online, and in apps with Apple Pay. Apple Pay enables you to make secure, contactless purchases using Apple Cash, Apple Card, and any other credit and debit cards that you add to Wallet.

Detailed explanation-2: -Apple Wallet is an app on iPhone and Apple Watch that securely and conveniently organizes your credit and debit cards, transit passes, boarding passes, tickets, identity cards, keys, rewards cards, and more-all in one place.

Detailed explanation-3: -Apple Pay is a mobile payment service by Apple Inc. that allows users to make payments in person, in iOS apps, and on the web. It is supported on iPhone, Apple Watch, iPad, and Mac.

Detailed explanation-4: -The PayPal and Venmo iOS apps will soon offer Appleā€™s Tap to Pay on iPhone functionality, allowing merchants that use PayPal or Venmo to accept contactless debit or credit cards and mobile wallet payments, including Apple Pay.

There is 1 question to complete.