Practice FinTech and Digital Payments - 4.6.7 | 4. Globalisation and Recent Trends in Business | ICSE 12 Business Studies
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FinTech and Digital Payments

4.6.7 - FinTech and Digital Payments

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Practice Questions

Test your understanding with targeted questions

Question 1 Easy

What does FinTech stand for?

💡 Hint: Think about the integration of finance and technology.

Question 2 Easy

Give one example of a digital payment system.

💡 Hint: Think about electronic money transfer apps.

4 more questions available

Interactive Quizzes

Quick quizzes to reinforce your learning

Question 1

What does FinTech primarily deal with?

Technology in sports
Financial technology
Healthcare technology

💡 Hint: Think about the financial services industry.

Question 2

True or False: UPI allows users to make payments using only a mobile number.

True
False

💡 Hint: Consider how you might send money instantly to someone without needing their banking info.

2 more questions available

Challenge Problems

Push your limits with advanced challenges

Challenge 1 Hard

Evaluate how the rise of FinTech might influence traditional banks over the next decade.

💡 Hint: Consider what you would want from a bank versus what FinTech offers.

Challenge 2 Hard

Propose a solution to enhance user security in digital payments while maintaining convenience.

💡 Hint: Think about technologies you use every day that keep your data safe.

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