What is an advantage of debit and bank credit cards over offering customers credit terms?Select answer from the options belowreceipt of cash is guaranteedthere are no fees associated with accepting bank credit cardsthere are no advantages to bank credit or debit cardsmore sales would be made if only credit terms were offeredSave for LaterSubmit Answer

Select the aspect(s) below that are a benefit of a credit card use.You can select more than one answer.A.It allows buyers to postpone the actual payment of the goods and services,  and without paying interest in some circumstances.B.It provides a free automatic loan for the sellers of the goods and services.C.It permits to activate the money in the term deposit account.D.It allows the buyers to acquire goods and services  without using their transactional bank account

Compared to other forms of business finance such as term loans, bill financing offers:Group of answer choiceslower flexibility for the bank.disadvantages for the bank due to the issue fees involved.higher costs due to the lack of collateral.the advantages of lower costs for the bank not having to fund the bill on its balance sheet.

Explain any four differences between debit card and credit card

What distinguishes a debit card from a credit card in e-banking?*1 pointa) It operates on a credit basisb) It is used for large transactions onlyc) It operates on a cash basisd) It is not accepted at retail stores

Which is not a true statement about the disadvantages of certain methods of payment?Group of answer choicesYou may be at risk for hacking if you use online banking.You will not be able to make purchases online if you are paying with cash.You may be charged interest if you do not pay off your debit card balance each month.You may be charged an overdraft fee if you try to spend more on your debit card than is in your linked account.