Which of the following payment methods allows you to make purchases now and to defer the payment into the future?
A) credit card
B) debt card
C) cashless card
D) debit card

Question

Quizplus · Accepted Answer

Credit card is the only payment method among the given options that allows you to make purchases now and defer the payment into the future. When you use a credit card, you are essentially borrowing money from the card issuer to make purchases. You will need to pay back the borrowed amount with interest on a later date, based on the terms and conditions of your credit card agreement. This makes it a convenient and flexible payment option for those who need to make large or unexpected purchases but may not have immediate access to funds.

Which of the Following Payment Methods Allows You to Make