An important implication of the rise in electronic banking to retailers is the _____.
A)growth in national credit and debit cards
B)growth in banking from home
C)increase in collection responsibilities
D)increase in importance of retailer-generated credit cards

Question

Quizplus · Accepted Answer

With the rise in electronic banking, there has been a growth in national credit and debit cards which is an important implication for retailers. This means that retailers need to accept these modes of payment and be equipped with the necessary technology and infrastructure to process them.

An Important Implication of the Rise in Electronic Banking to Retailers