Which of the following is not a universal proximity wallet app?Group of answer choicesApple PayGoogle PaySamsung PaySquare Cash

Paystack is an example of which of the following types of payment system?Group of answer choicesPCI-DSSonline stored value payment systemBNPL servicebranded proximity mobile wallet

Briefly describe the three primary types of mobile wallet apps and identify the examples of each type

Which of the following is NOT a commonly used e-commerce payment system?Group of answer choicesBitcoinSecure Sockets Layer (SSL)Cash on Delivery (COD)Mobile Money

QR code technology is the primary enabling technology for universal proximity wallets.Group of answer choicesTrueFalse

Paying for goods and service using coins and notes is considered old school in many countries. Instead, customers are using their smartphones to make such payments. They just hold their smartphones near to the reader/point of sale system and the payment is conducted. This type of payment is also considered to be more secure and safe because you do not need to carry cash with you. This payment method is referred to as a/an________? A. contactless payment B. near system payment C. online payment D. smart payment