Question 18
Question 18 of 19

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Topics Tested

Characteristics, uses, advantages and disadvantages of Electronic Funds Transfer (EFT), credit/debit card transactions, cheques, internet banking

Electronic funds transfer at point of sale (EFTPOS) terminals including checking of the validity of cards, the use of chip and PIN, the use of contactless cards, the use of Near Field Communication (NFC) payment, the communication between the supermarket computer and the bank computer

Characteristics, uses, advantages and disadvantages of online booking systems including travel industry, concerts, cinemas, sporting events