In …………………..type of payment system customer is allowed to spend only up to the amount that have pre deposited into account.

Related MCQs

• 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.
• is a kind of payment card that transfers fund directly from the consumer’s bank account to the merchants account
• To accept a credit card for payment, we have to open a account with our bank
• ………………type of payment system is highly useful to those customers who would like to control overspending,
• ……………….is a financial institution that establishes an account with a merchant and processes payment card authorization and payments
• Gain entry into the user’s system and scan your file system for personal information is known as……………….
• 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.
• ……………….in the e-commerce may be a holder of a payment card such as credit card or debit card from an issuer
• encrypts payment card transaction data and verifies that both parties in the transaction are genuine.
• attacks are difficult and are only successful if the attacker knows something about the shopper