Distinguish between a credit card and a debit card, Financial Management

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QUESTION

(a) What are the main benefits of E-Banking to customers and banking institutions?

(b) Internet Banking products and services are of two primary types, informational and transactional. Briefly describe some of them.

(c) Outline some potential risks associated with informational and transactional websites.

(d) (i) List the different parties involved in an e-payment system.

(ii) Distinguish between a credit card, a debit card and a charge card.


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