business payment methods

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  • Created by: 13childt
  • Created on: 06-03-18 09:18
what is cash?
In economics, cash is money in the physical form of currency, such as banknotes and coins.
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what is a debit card?
a card allowing the holder to transfer money electronically from their bank account when making a purchase.
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what is a credit card?
a small plastic card issued by a bank, building society, etc., allowing the holder to purchase goods or services on credit.
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what is a cheque?
an order to a bank to pay a stated sum from the drawer's account, written on a specially printed form.
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what is a bank transfer?
Bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office.
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Other cards in this set

Card 2

Front

a card allowing the holder to transfer money electronically from their bank account when making a purchase.

Back

what is a debit card?

Card 3

Front

a small plastic card issued by a bank, building society, etc., allowing the holder to purchase goods or services on credit.

Back

Preview of the back of card 3

Card 4

Front

an order to a bank to pay a stated sum from the drawer's account, written on a specially printed form.

Back

Preview of the back of card 4

Card 5

Front

Bank transfer or credit transfer is a method of electronic funds transfer from one person or entity to another. A wire transfer can be made from one bank account to another bank account or through a transfer of cash at a cash office.

Back

Preview of the back of card 5

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