Internet Banking

Buying products over the internet is known as

• internet banking
• e-commerce
• e-safety

Which authentication type is required for EFT system

• Biometric system
• Encryption
• User name & Password

Which is a benefit of electronic funds transfer?

• convenience
• efficiency
• time saving
• all of the above

When a credit/debit card is used to pay for a purchase in a store it is referred to as

• EFT
• EFTPOS
• ATM

Information stored on a magnetic stripe

• cheque number
• PIN
• account number

Find the odd one out

• barcode reader
• small dotmatrix printer
• card reader
• OMR