Which of the following e-payment methods stores funds on an integrated circuit chip in the card?
A) mobile payment
B) prepaid card
C) stored value card
D) Internet payment

Question

Quizplus · Accepted Answer

Stored value cards store funds on an integrated circuit chip located in the card itself. Mobile payments are made using a mobile device and don't require a physical card. Prepaid cards and internet payments can be stored electronically, but not on an integrated circuit chip within the card.

Which of the Following E-Payment Methods Stores Funds on an Integrated