Financial Literacy

Question 1

Consumers show a preference of using...

Accepted Answer

Debit and credit cards

Question 2

Prepaid cards are the least popular payment method.

Accepted Answer

True

Question 3

Credit cards and Debit cards are the same

Accepted Answer

False

Question 4

What is E-commerce???

Accepted Answer

A web based store., A web-based store

Question 5

What is the average credit card transaction?

Accepted Answer

$90

Question 6

What are the " blank" methods of payment

Accepted Answer

Online transfer, POS, prepaid cards, and Remote enviroment.

Question 7

How many canadians made an online purchase?

Accepted Answer

86%

Question 8

Airports allow exchanging currency.

Accepted Answer

True

Question 9

The average cash transaction was $21

Accepted Answer

True

Question 10

what is the % of canadians that use Debit cards?

Accepted Answer

94%

Questions 10