A popular method of paying bills online is called ____________________, where money is transferred electronically from a payer's account to the recipient's.
A) Electronic checks
B) Micropayments
C) e-Cash person to person)
D) Electronic funds transfer EFT)

Question

Quizplus · Accepted Answer

Electronic funds transfer (EFT) is the method mentioned in the sentence and the correct answer. Electronic checks (A) refer to a specific type of electronic payment that mimics a paper check. Micropayments (B) typically refer to small payments under $5 and are usually used for digital content. e-Cash person to person (C) refers to a specific digital currency that is used for person-to-person transactions.

A Popular Method of Paying Bills Online Is Called ____________________