ObjectiveMcq
Print Protected
This page is protected for print. Use the website to view the content.
Which of the following can be used to make electronic transactions while purchasing items online with a computer or using a smartphone to purchase something at a store?
Correct Answer: B — Digital wallet
A digital wallet contains both a software component and an information component — the software provides security and encryption for personal data and transactions. Digital wallets are stored client-side, are easily self-maintained, and are fully compatible with most e-commerce websites, making them the standard tool for electronic transactions both online and at physical stores.