Consumers often use ________ as a popular substitute for cash payments due to the convenience and wide acceptance by merchants, as well as the ability to pay for purchases at a later date.

Question

Quizplus · Accepted Answer

Credit cards are popular because of their convenience, easy access to credit, and acceptance by merchants around the world. Credit cards allow you to promise to pay at a later date by using preapproved lines of credit granted by a bank or finance company.

Consumers Often Use ________ as a Popular Substitute for Cash