Answer the following statements true (T) or false (F)

1) By accepting credit and debit cards, companies are able to attract more customers.
2) Debit cards offer the customer the convenience of buying something without having to pay cash immediately.
3) Debit cards reduce the customer's bank account immediately but allow the customer to pay electronically instead of with currency or writing a check.
4) Companies obtain cash from credit and debit card transactions by using third-party processors.


1. TRUE
2. FALSE
3. TRUE
4. TRUE

Business

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