facility helps the customer to pay only a small amount of the total outstanding and revolve the rest of the payment to the next month.

Related MCQs

• In …………………..type of payment system customer is allowed to spend only up to the amount that have pre deposited into account.
• is a systems approach to Managing the entire flow of information, materials, and services from raw material suppliers through factories and warehouses to the end customer.
• ……………….is a financial institution that establishes an account with a merchant and processes payment card authorization and payments
• A portal that helps to establish relations and to conduct transactions between various organizations is termed as………………
• encrypts payment card transaction data and verifies that both parties in the transaction are genuine.
• is the system of purchasing cash credits in relatively small amounts, storing the credits in our computer, and then spending them, when making electronic purchases over the internet.
• ……………….in the e-commerce may be a holder of a payment card such as credit card or debit card from an issuer
• ………………type of payment system is highly useful to those customers who would like to control overspending,
• To accept a credit card for payment, we have to open a account with our bank
• is a kind of payment card that transfers fund directly from the consumer’s bank account to the merchants account