Digital payment systems – UGC NET Question

Q: Select the wrong statement(s) about digital payment systems in India:

(A) Unified Payments Interface (UPI) enables instant fund transfer between bank accounts using mobile devices;
(B) Digital wallets can store payment card details or balances for online and in-store purchases;
(C) Digital payment systems completely eliminate the need for any cybersecurity measures;
(D) Point-of-sale (PoS) terminals can accept payments through cards and sometimes mobile-based solutions;
Choose the correct answer from the options given below:

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top