Sales using a non bank credit card are considered cash sales by the retailer.

Name: Sales using a non bank credit card are considered cash sales by the retailer.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Sales using a non-bank credit card (such as a Visa or MasterCard) are considered credit sales because the retailer receives payment from the credit card company, not directly in cash from the customer at the time of the transaction.

Sales Using a Non Bank Credit Card Are Considered Cash