Different Ways To Pay Flashcards
1
Q
Name 6 ways to pay?
A
Cash.
Credit card.
Debit card.
Direct debit.
Electronic transfer.
Cheque.
2
Q
What are the types of payment ending with card?
A
Credit card.
Debit card.
Pre-paid card.
Charge card.
Store card.
3
Q
What is bankers automated clearing service (BACS)?
A
An electronic system to make payments directly from one bank account to another.
4
Q
What is a clearing house automated payment system (CHAPS)?
A
Payments to UK accounts that are guaranteed to arrive on the day you make them.