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    Computing
  3. Study Set
    Electronic Commerce
  4. Exam
    Exam 11: Payment Systems for Electronic Commerce
  5. Question
    In A(n)____ System, the Card Issuer Pays the Merchants That
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In A(n)____ System, the Card Issuer Pays the Merchants That

Question 70

Question 70

Multiple Choice

In a(n) ____ system, the card issuer pays the merchants that accept the card directly and does not use an intermediary, such as a bank or clearinghouse system.


A) open loop
B) closed loop
C) virtual loop
D) direct loop

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