Which of the following is not a digital mode of payment
(a)U Pay app (b) NEFT (c) Bank Draft (d) E-Wallet
Answers
Answered by
4
Answer:
(b) NEFT.
Explanation:
not digital mode of payment
Answered by
0
Answer:
Bank Draft is not a digital mode of payment.
Explanation:
- U Pay app : As we move towards cashless transactions SDB is empowering Sri Lankans to step into the new era of digital transactions with UPay . Upay is a simple and powerful mobile payment app that enables users to utilize multiple digital payment options along with value added services.
- NEFT: The National Electronic Funds Transfer (NEFT) is a well known electronic payment system that facilitates direct one-to-one payments .
- E-Wallet: E-wallet or electronic wallet is a type of electronic card that is used for transactions made online through a computer or a smartphone. The utility of e-wallet is same as a credit or debit card and it needs to be linked with the individual's bank account to make payments.
- Bank Draft : Bank Draft is made out by a financial institution and it guarantees the funds after withdrawing the amount from an account. It is not related to digital mode of payment.
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