Solved

In the Context of Payment Acceptance and Processing, Closed Loop

Question 77

Multiple Choice

In the context of payment acceptance and processing, closed loop systems:


A) include additional payment processing units.
B) involve paying the merchants directly.
C) work similar to an open loop system.
D) make use of an intermediary, such as a bank.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions