Methods of payment - Cash

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  • Created by: jodi109
  • Created on: 14-03-18 15:45

Methods of payment

Advantages

  • Most Widely accepted form of exchange
  • Physical not virtual
  • Consumers feel confident when using
  • Makes budgeting easier

Disadvantages

  • Can be lost or stolen
  • Threat of counterfeit
  • Only really appropriate on purchases up to a certain amount
  • Cannot be used online

Evaluation

Comments

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