What is "ecash"?
A) The same thing as a demand deposit
B) Money that moves along multiple channels of consumers and businesses via digital electronic transmissions
C) A type of plastic money that immediately reduces the balance in the user's bank account when it is used
D) An electronic purse that can be programmed with electronic money at ATM machines
E) None of these
Correct Answer:
Verified
Q60: Which of the following is correct with
Q61: Which of the following is correct regarding
Q61: Terri will be going to Ireland next
Q62: A debit card
A) is an identification card
Q63: Cynthia is genuinely concerned about electronic money
Q64: Which of the following is not a
Q67: What term identifies a bank's promise to
Q68: What term identifies a bank's promise to
Q70: A plastic card that allows an individual
Q79: Which of the following statements about chartered
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents