Online Course Support | The Future of Payment Technologies

In 2019 Apple launched a credit card. The following is the promotion text from the announcement web site: “A new kind of credit card. Created by Apple, not a bank. Apple Card is the newest way to pay with Apple Pay. It’s built on the principles of simplicity and transparency. It actually encourages you to pay less interest. And it gives you a whole new level of security and privacy.”

3. Question 3 In 2019 Apple launched a credit card. The following is the promotion text from the announcement web site: “A new kind of credit card. Created by Apple,…

Online Course Support | The Future of Payment Technologies

Many mobile wallet providers, such as PayPal and AliPay, promise instant payments between accounts. In this setting, what does “instant” actually mean?

7. Question 7 Many mobile wallet providers, such as PayPal and AliPay, promise instant payments between accounts. In this setting, what does “instant” actually mean? 1 point     Users can…

Online Course Support | The Future of Payment Technologies

Suppose you are starting a fintech product that specialize in facilitating payments that are both large in value and transact in fixed, predictable intervals. Which payment rail would you be most likely to partner with?

6. Question 6 Suppose you are starting a fintech product that specialize in facilitating payments that are both large in value and transact in fixed, predictable intervals. Which payment rail…

Online Course Support | The Future of Payment Technologies

In mobile payment applications such as PayPal/Venmo and AliPay/WeChat, where could the actual money behind the account balances be held at? Please select all that apply.

8. Question 8 In mobile payment applications such as PayPal/Venmo and AliPay/WeChat, where could the actual money behind the account balances be held at? Please select all that apply. 1 / 1 point…

Online Course Support | The Future of Payment Technologies

How would you characterize the relationship between paytech innovators and payment channels used by incumbent financial institutions, particularly banks?

2. Question 2 How would you characterize the relationship between paytech innovators and payment channels used by incumbent financial institutions, particularly banks? 1 / 1 point Banks provide important financing to the paytech…

Online Course Support | The Future of Payment Technologies

What role do financial intermediaries like banks play in facilitating transactions between untrusted parties?

1. Question 1 What role do financial intermediaries like banks play in facilitating transactions between untrusted parties? 1 / 1 point   They help these parties to easily finance each other’s activities  …