MY STUDY GUIDE PAYMENT

METHODS
BY NICHOLAS WALKER
 What is cash?
money in coins, paper, checks, or credit

Money on card
 What is a check?
Amount of money on paper from specific person

Looking to see what someone is doing

What is a credit card?
A small plastic card issued by bank to purchase goods

Giving a way money for people

 What is a debit card?
A card issued by bank allowing holder to transfer money
electronically to another bank account when making a purchase

To turn credit onto real money

What does BACS stand for?
Banks automated clearing service

Big able clock stuf

 Word Bank
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