Tap-to-Pay Credit and Debit Cards Come to NYC Subway System

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Business, Religious Studies, Other, Social Studies
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University
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Hard
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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main challenge in the initial phase of adopting tap and pay according to the transcript?
Convincing customers to use it
Reducing transaction fees
Increasing the number of merchants
Getting the first 10% of adoption
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is building awareness crucial for the adoption of tap and pay in the U.S.?
The U.S. is ahead of other countries in adoption
Awareness will lead to immediate adoption
The U.S. is behind other countries in adoption
Awareness is not important for adoption
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What role do partnerships play in Visa's strategy for tap and pay?
They help in building awareness and adoption
They are not part of the strategy
They focus on reducing transaction fees
They are used to increase competition
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does Visa plan to increase the use of cards over cash?
By offering discounts on card transactions
By reducing ATM availability
By encouraging habitual card use for everyday purchases
By making cash transactions more expensive
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the definition of success for Visa's tap and pay initiative?
Reducing the number of cash transactions
Expanding to international markets
Increasing the number of transactions and momentum
Achieving a specific number of card users
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