The Check Clearing for the 21st Century Act (usually referred to as Check 2
1), permits banks to eliminate the movement of physical checks entirely.
Correct Answer:
Verified
Q18: Online cash storage is similar to money
Q19: Small purchases are not profitable for merchants
Q20: A debit card removes the amount of
Q21: A(n)_ a purchased card that contains a
Q22: A(n)_ is a set of connections between
Q24: The Internet has opened new opportunities for
Q25: The most important step that companies can
Q26: _ are also called electronic funds transfer
Q27: In a(n)_ system, the card issuer pays
Q28: Whenever additional parties are included in payment
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