Which of the following wholesale services offered by FIs to businesses allows the FI to combine the e-mail capabilities of the internet with the FIs ability to process payments electronically through the interbank payment networks?
A)Electronic data exchange.
B)E-commerce facilitation.
C)Electronic billing.
D)Electronic funds transfer.

Question

Quizplus · Accepted Answer

Electronic billing combines email capabilities with electronic payment processing, allowing businesses to send invoices and receive payments through interbank networks.

Which of the Following Wholesale Services Offered by FIs to Businesses