This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: dollar are called _____. Selected Answer: micropayments Question 6 1 out of 1 points Whenever a third party, such as an intermediary banks processes a transaction, the system is called a(n) _____. Selected Answer: open loop system Question 7 1 out of 1 points Scrip is digital cash minted by a company instead of by a(n) ______. Selected Answer: government Question 8 1 out of 1 points _____ is the name of the smart card offered by American Express. Selected Answer: Blue Question 9 1 out of 1 points Today, the largest dollar volume of payments are made using _____. Selected Answer: paper checks Question 10 1 out of 1 points Closed loop systems involve three or more parties. Selected Answer: False...
View Full Document
- Spring '09