Wendel has a Mastercard from Countrybank. He uses it to purchase a cat from a local pet store, Paws and Pets. Which statement below is correct?
A) Paws and Pets must contact Countrybank directly to receive payment.
B) At the end of each calendar month Countrybank, as the bank of the credit card must tender payment to Paws and Pets.
C) Communication and tendering of payment will occur between Paws and Pets and Mastercard using an interbank network.
D) Mastercard must ensure that Countrybank pays Paws and Pets.
Correct Answer:
Verified
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