Business studies

?
what is cash?
legal tender inthe form of bank notes and coins.
1 of 8
what is a credit card?
is a way to buy goods and services now and pay later. A cusotmer can spend up to an agreed credit limit and repay it
2 of 8
what is a cheque?
is a paper based payment method often used for buying goods and services in retails.
3 of 8
what is a debit card?
a plastic card that allows customers to access the cash machine network and pay for goods and services.
4 of 8
what is a BACS transfer?
is a system in the UK for making payments directly from one account to another.
5 of 8
what is a direct debit?
are ways to pay regular bills from your bank account.
6 of 8
what is a E- payment?
these are other methods to pay for items that have been purchased online.
7 of 8
what is a E- payment?
these are other methods to pay for items that have been purchased online.
8 of 8

Other cards in this set

Card 2

Front

what is a credit card?

Back

is a way to buy goods and services now and pay later. A cusotmer can spend up to an agreed credit limit and repay it

Card 3

Front

what is a cheque?

Back

Preview of the front of card 3

Card 4

Front

what is a debit card?

Back

Preview of the front of card 4

Card 5

Front

what is a BACS transfer?

Back

Preview of the front of card 5
View more cards

Comments

No comments have yet been made

Similar Applied Business resources:

See all Applied Business resources »See all Business Finance resources »