Which type of electronic payment is typically favored in B2B
A) Electronic checks
B) Electronic credit cards
C) Electronic cash
D) Smart cards

Question

Quizplus · Accepted Answer

Electronic checks are typically favored in B2B electronic payment as they provide a secure and efficient way to transfer large sums of money, with lower transaction fees compared to other payment methods such as electronic credit cards. They also allow for easy integration with accounting systems and offer greater control and security over payment processing.

Which Type of Electronic Payment Is Typically Favored in B2B