All of the following are examples of stored value payment systems except:
A) smart cards.
B) credit cards.
C) gift certificates.
D) prepaid cards.

Question

Quizplus · Accepted Answer

Stored value payment systems involve keeping a certain value on a card or account to be used for transactions. Credit cards, however, do not fall under this category as they involve the use of credit instead of prepaid funds. Smart cards, gift certificates, and prepaid cards are all examples of stored value payment systems.

All of the Following Are Examples of Stored Value Payment