Q274
The E‐payment mechanism widely used in B2B is.
A.
Credit card
B.
Debit card
C.
Master card
D.
E‐cheque
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
The E‐payment mechanism widely used in B2B is E‐cheque. An electronic version or representation of a paper cheque. The account holder writes an e-check (or e-cheque) using a computer or other type of electronic device and transmits the e-cheque to the payee electronically. Like paper cheques, e-checks are signed by the payer and endorsed by the payee.