E-payment Quiz: How Much You Know About E-payment?

14 Questions | By Hob33s | Last updated: Mar 22, 2022 | Total Attempts: 12822

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E-payment Quiz: How Much You Know About E-payment? - Quiz

Find out how much you know about E-payment by immediately taking this quiz today! Electronic payment is a mode of conducting transactions that do not require the use of cash. Over time, there have been several different aspects of it, and the questions that are given below cover myriad topics regarding the subject. Answer all the questions and you will receive a result based on your knowledge about E-payments. Enjoy and all the best.

Questions and Answers

1.

What is e-payment?
- A.
  
  Electronic payment for buying and selling
- B.
  
  Payment of online software
- C.
  
  Payment of online services
- D.
  
  Payment of electronics
2.

What is the main driver of electronic payment growth?
- A.
  
  Consumer demand for new methods
- B.
  
  Government regulation
- C.
  
  Technological development
- D.
  
  Market demand
3.

What are the main concerns about electronic payment?
- A.
  
  Privacy and security
- B.
  
  Privacy and charged fees
- C.
  
  Security and charged fees
- D.
  
  Limited acceptance
4.

What is Bitcoin?
- A.
  
  An online payment blog
- B.
  
  First decentralized digital currency
- C.
  
  A mobile app for online shopping
- D.
  
  Game token
5.

Which of the following is not an advantage of using bitcoins?
- A.
  
  Low tranfer fee
- B.
  
  Your account can't be frozen
- C.
  
  You can cash out in another currency
- D.
  
  Anonymized payments
6.

How much was worth a single Bitcoin in the beginning of 2015?
- A.
  
  157$
- B.
  
  269$
- C.
  
  357$
- D.
  
  315$
7.

Which of the following is not an example of mobile payment?
- A.
  
  NFC
- B.
  
  PaySafeCard
- C.
  
  PayGol
- D.
  
  Boku
8.

For international business, e-payment should be thought around 2 axis. Which ones?
- A.
  
  Quality and Customer
- B.
  
  Customer and Security
- C.
  
  Security and Quality
- D.
  
  X-axis and Y-axis
9.

Which of the following isn't a procedure used by companies to verify the purchase forms?
- A.
  
  Card Verification Number (CVN)
- B.
  
  Address Verification System (AVS)
- C.
  
  Digital Signature System (DSS)
- D.
  
  One Time Password System(OTP)
10.

What can you do with MBnet service?
- A.
  
  Create a virtual debit card
- B.
  
  Open a new bank account
- C.
  
  Order a new credit card
- D.
  
  Take a loan
11.

Which one of the following is not a Digital Wallet?
- A.
  
  Google Wallet
- B.
  
  MFerio
- C.
  
  IGS Wallet
- D.
  
  Lemon Wallet
12.

What is Digital checking?
- A.
  
  An online commercial payment platform
- B.
  
  An electronic variation of the paper check
- C.
  
  Exploration software for payment checking
- D.
  
  Security system for checks
13.

PayPal is currently used in how many countries and currencies?
- A.
  
  150 countries and 12 currencies
- B.
  
  180 countries and 18 currencies
- C.
  
  200 countries and 24 currencies
- D.
  
  200 plus countries and 30 currencies
14.

Which of the following companies offers micropayment versatile solutions in Portugal nowadays?
- A.
  
  Easypay
- B.
  
  Payone
- C.
  
  MBill
- D.
  
  PayPal