Economics · Banking and Digital Payments
Match List-I with List-II: List-I (Payment Technology) A. Automated Clearing House (ACH) B. E-Checks C. Reloadable Cards D. Gift Cards List-II (Functional Description) I. Electronic versions of traditional paper checks, allowing for online payments II. Non-reloadable prepaid cards often used for gifting purposes III. A network facilitating electronic transfers between banks for purposes like payroll and bill payments IV. Prepaid cards onto which users can load funds for online and in-store purchases Choose the correct answer from the options given below:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-IV, B-III, C-II, D-I
- 2A-III, B-IV, C-I, D-II
- 3A-III, B-I, C-IV, D-II✓
- 4A-IV, B-II, C-I, D-III
Correct answer
A-III, B-I, C-IV, D-II
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