The following is true of digital cheques for online transactions:
A) It is easy to establish new forms of digital cheques.
B) Digital cheques are an excellent online payment form.
C) The acceptance of digital cheques is an issue for consumer support.
D) Security of digital cheques is not really a concern.
E) Banks have strong security digital cheques available to consumers.

Question

Quizplus · Accepted Answer

Although digital cheques are easy to establish and can be a good payment option, the acceptance of digital cheques can be an issue for consumers who may not be familiar or comfortable with using them. Additionally, security concerns are a valid issue, and while some banks may have strong security measures in place, this cannot be assumed for all banks or all transactions involving digital cheques.

The Following Is True of Digital Cheques for Online Transactions