Exam-style question
Try this first
Paper 1Theory2 marks
Electronic payment methods
Description
Electronic Funds Transfer and Cards
Electronic Funds Transfer (EFT) allows electronic movement of money between accounts. Credit cards enable borrowing money up to a limit, while debit cards deduct money directly from the user's bank account.
- a[2]
Explain one advantage and one disadvantage of using credit cards.
Aim for approximately 2 distinct marking points.
0 of 1 part answered
Answer every part before opening the mark scheme.
Common mistake
No common mistake is linked to this question yet.