Question : Which of the following is not a type of digital payment method?
Option 1: Credit card
Option 2: Debit card
Option 3: Mobile wallet
Option 4: Cheque
Answer (1)
24th Jan, 2024
Correct Answer: Cheque
Solution : The correct answer is (d) Cheque.
A cheque is not a type of digital payment method. It is a traditional paper-based instrument used for making payments. When a cheque is issued, it represents a written instruction from the account holder to their bank to pay a specific amount of money to the recipient mentioned on the cheque.
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