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What are the answers to the following questions about payment systems and cards: CBE's payment switch, international VISA prepaid cards, International Visa Infinite Card ATM limits, and International

Business/Management

ScanSolve AI Answer

Answer

C

Base 24

Here are the solutions to the questions:

Question 6: Currently CBE is using a payment Switch/application called
Commercial Bank of Ethiopia (CBE) uses BASE24 as its payment switch application.

  • The correct option is C. Base 24.

Question 7: Which one of the following is not international VISA Prepaid Cards
While all listed options are types of VISA cards, Co-Branded prepaid Gift Cards are often restricted in their international usage or limited to specific merchants, unlike the general-purpose international prepaid cards like Classic, Gold, or Platinum.

  • The correct option is B. Co-Branded prepaid Gift Cards.

Question 8: International Visa Infinite Card has No limit on ATM CASH withdrawal
This statement is false. Even premium cards like Visa Infinite have daily or transactional limits for ATM cash withdrawals, which are set by the issuing bank for security and regulatory compliance.

  • The correct option is B. FALSE.

Question 9: International prepaid Master card feature
International prepaid Mastercards are designed for convenience and accessibility. They support contactless payments (tap to pay) at compatible terminals and typically do not require a linked bank account, as funds are loaded directly onto the card. Both options describe valid features.

  • The correct option is a) Used for fast Tap to pay payments at Contactless payment support Terminals.
  • The correct option is b) Prepaid type with No bank account requirement. (Assuming this is a multiple-select question or both are considered correct features. If only one answer is expected, "Prepaid type with No bank account requirement" is a fundamental characteristic of prepaid cards.)
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