A "smart card" is a form of a(n)________.
A) open credit plan
B) layaway plan
C) electronic payment plan
D) revolving credit plan

Question

Quizplus · Accepted Answer

A smart card is a type of electronic payment plan. It contains a microprocessor chip that stores data and can be used to make secure transactions without the need to swipe or insert a physical card into a point-of-sale terminal. It can be loaded with funds and used to make purchases at participating merchants.

A "Smart Card" Is a Form of A(n)________