Different Ways To Pay Flashcards

1
Q

Name 6 ways to pay?

A

Cash.
Credit card.
Debit card.
Direct debit.
Electronic transfer.
Cheque.

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2
Q

What are the types of payment ending with card?

A

Credit card.
Debit card.
Pre-paid card.
Charge card.
Store card.

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3
Q

What is bankers automated clearing service (BACS)?

A

An electronic system to make payments directly from one bank account to another.

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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.

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