Wireless technologies and payment mechanisms:
A) reduce the need for security and encryption.
B) easily build on internet security.
C) are being developed and show considerable promise.
D) will make traditional payment mechanisms quickly obsolete.
E) none of the above

Question

Quizplus · Accepted Answer

Wireless technologies and payment mechanisms are being developed and show considerable promise. However, this does not mean that the need for security and encryption is reduced. In fact, it is crucial to ensure the safety of transactions made via wireless payments. Additionally, traditional payment mechanisms may not become quickly obsolete as they still hold an important place in the market. Therefore, option C is the best choice as it acknowledges the potential of wireless technologies while also considering the importance of security and the role of traditional payment mechanisms.

Wireless Technologies and Payment Mechanisms