Contactless Payment and Cash Quiz

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GallantDarmstadtium
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Which form of payment takes up more space in your wallet and can become bulky?

Cash

What type of device can be used for contactless payment?

Smartwatch

Which payment method allows you to use 'credit' to purchase things before you need to pay for them?

Credit card

Which payment method takes the funds out of your bank account immediately?

<p>Debit card</p> Signup and view all the answers

What is a cheque?

<p>A piece of paper that transfers the funds from one bank account to another</p> Signup and view all the answers

What is an e-wallet?

<p>A digital wallet on a smartphone or similar device for storing payment information</p> Signup and view all the answers

What could happen if you don't pay back the amount spent through an e-wallet in time?

<p>You may be charged high-interest rates</p> Signup and view all the answers

What is a gift card?

<p>A pre-paid money card that can only be used at specific stores or vendors</p> Signup and view all the answers

What is a potential drawback of using an e-wallet?

<p>If the device breaks or dies, you will not be able to make purchases</p> Signup and view all the answers

How does a gift card differ from a debit card?

<p>Gift cards can only be used at specific stores, while debit cards can be used widely</p> Signup and view all the answers

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