Internet Banking
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Questions and Answers

What services can be accessed through internet banking?

  • All of the above
  • Making cash withdrawals
  • Making payments to third parties (correct)
  • Checking account balances

What is an ATM used for?

  • Checking recent transaction history
  • Making cash withdrawals
  • All of the above (correct)
  • Buying cell phone credit

What is the purpose of a debit or credit card?

  • All of the above
  • To make purchases without cash (correct)
  • To withdraw cash from an ATM
  • To access internet banking services

What happens when a debit card is used to make a purchase?

<p>Money is immediately taken from the customer's account (B)</p> Signup and view all the answers

What happens when a credit card is used to make a purchase?

<p>Money is immediately taken from the seller's account (D)</p> Signup and view all the answers

Which of the following services is NOT offered by internet banking?

<p>Opening a new account (C)</p> Signup and view all the answers

What is required to access an ATM?

<p>A debit card or credit card (C)</p> Signup and view all the answers

What is the purpose of a PIN when using a debit or credit card?

<p>To verify the customer's identity (A)</p> Signup and view all the answers

What happens when a debit card is used to make a purchase?

<p>The money is immediately taken from the customer's account (B)</p> Signup and view all the answers

What is the difference between using a debit card and a credit card to make a purchase?

<p>Debit cards take money directly from the customer's account, while credit cards do not (A)</p> Signup and view all the answers

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