Podcast
Questions and Answers
Which of the following is NOT mentioned as a form of digital currency in the text?
Which of the following is NOT mentioned as a form of digital currency in the text?
What is the function of a stored value card?
What is the function of a stored value card?
How is data read from a credit card when making a payment?
How is data read from a credit card when making a payment?
What is the main difference between a credit card and a stored value card?
What is the main difference between a credit card and a stored value card?
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Why do banks often provide stored value cards to certain individuals?
Why do banks often provide stored value cards to certain individuals?
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Digital currency is only exchanged physically using coins and bank notes.
Digital currency is only exchanged physically using coins and bank notes.
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Stored value cards have an unlimited amount of currency stored on them.
Stored value cards have an unlimited amount of currency stored on them.
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Contactless payment involves swiping the magnetic stripe of a credit card.
Contactless payment involves swiping the magnetic stripe of a credit card.
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Credit cards and mobile phones are the only forms of digital currency mentioned in the text.
Credit cards and mobile phones are the only forms of digital currency mentioned in the text.
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Stored value cards are exclusively provided by credit card companies.
Stored value cards are exclusively provided by credit card companies.
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