Which statement about the payment revolution is true?

Question

Quizplus · Accepted Answer

According to the passage, cards and electronic payments are taking the place of cash and checks, which means that statement A is true. Statement B is incorrect because the passage does not mention anything about a decline in debit card use. Statement C is partially true, as the passage states that 20 percent of monthly bills are paid electronically, not all recurring bills. Statement D is also incorrect because the passage does not provide any evidence or prediction about the U.S. becoming a cashless society by 2015.

Which Statement About the Payment Revolution Is True