Understanding Business
Understanding Business
12th Edition
ISBN: 9781259929434
Author: William Nickels
Publisher: McGraw-Hill Education
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Chapter 20, Problem 2CT
Summary Introduction

To think critically about: The various means to make payment, necessity to keep cash, trending payment method and reasons for satisfaction due to such payment trend.

Introduction: Cash is hard currency used as a medium of exchange of goods and services amongst people and organizations.

Online payment is a mechanism through which payment in exchange of goods or services can be made using electronic modes.

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