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The Major Difference Between a Traditional Credit Card-Based Purchase and a Debit

Question 90

Multiple Choice

The major difference between a traditional credit card-based purchase and a debit transaction is that in the debit transaction, the


A) retailer receives payment at the end of the day.
B) retailer is protected against stolen cards.
C) customer pays for the purchase immediately.
D) customer pays when the monthly bill is received.

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