What is the primary focus of the introduction to payment?

• The impact of inflation on payments

• The role of banks in payment systems

• The significance of payment in various contexts

• The history of currency

Which of the following is a common method of payment?

• Bartering

• Cryptocurrency

• Cheque

• Gold exchange

What is one advantage of digital payments?

• They are always anonymous

• They are faster than traditional methods

• They require no internet connection

• They are immune to fraud

How has technology impacted payment methods?

• It has reduced the number of payment options

• It has eliminated the need for banks

• It has introduced new forms of currency

• It has made payments slower

What is a potential future trend in payment systems?

• Return to barter systems

• Rise of contactless payments

• Increased use of cash

• Decline in online transactions