Question

Money can be sent anywhere through electronic means. Agree or disagree with statement s

Answer 1

Explanation:

Yes, I do agree with the statement.

1) With the invention of new technologies, like mobile phones, tablets, smart cards, computer etc, money can be sent anywhere nationally or globally.

2) E-money is a monetary value which is stored and transferred as and when desired through various means.

3) It is the safest mode of transfer as it is backed and monitored by the Central Bank.

4) It is also called as digital wallet.

5) Hence, money can be sent anywhere through electronic means.