Payment methods intro
Cash is one of the oldest and most straightforward payment methods, where consumers simply exchange physical currency for goods or services. Credit cards allow people to buy now and pay later, using a line of credit that can be paid off in installments. Other options, such as layaway, rent-to-own, and installment plans, let consumers reserve or receive an item immediately, but pay for it over time. Created by Sal Khan.
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- If by law cash has to be accepted. Now they have cashless payments only at sports venues since COVID-19. Is there a stipulation that allows them to do this?(3 votes)
- There must be some way to make this legal, otherwise it could not be done on such a large scale.(2 votes)
- The problem is that not everywhere in USA accept a debit card. For example in restaurants, at the gas stations or rent a car. It was a lot of pain as an european that had a credit card electronically only (watch and phone). It is ironic since the most of those technologies support that come from USA.(2 votes)
- Yes. The USA is far behind in terms of electronic methods for accepting credit or debit card payments, One who arrives from overseas expecting things to be as up-to-date in the USA as elsewhere runs into very primitive things in the USA.(3 votes)
- Are there any quizzes in Financial Literacy?(1 vote)
- No. There are no quizzes here. You need to learn these things to be able to use them, not to be able to get a passing grade.(4 votes)
- What will happen in the future if cash is only legally acceptable in a society that’s turning technological?(2 votes)
- That society will be left behind, in the dust of history.(2 votes)
- It is required by state law that Sal Khan Must show us his credit card. (joke btw)(2 votes)
- He literally forgot to mention about the Crypto somewhere at the end.(1 vote)
- so i been thinking, i might buy a bugatti, but my momma tellin me no cuz is a bad finacial choice, but I want it soooooooooooo bad. So, ima challenge her the octogon on June 30th, for the light heavyweight belt.(1 vote)