Question

Match each electronic banking service to its key feature.

smart card
debit card
mobile banking
online bill pay
uses a microchip
arrowRight
deducts payments from
the checking account
arrowRight
allows the bank to submit
payments on your behalf
arrowRight
uses smartphone apps to
view financial information
and make transactions

Answer 1

Smart card uses a microchip, debit card deducts payments from the checking account, mobile banking uses smartphone apps, and online bill pay allows the bank to submit payments.

Step-by-step explanation:

The key features of each electronic banking service are as follows:

1. Smart card: It uses a microchip.
2. Debit card: It deducts payments from the checking account.
3. Mobile banking: It uses smartphone apps to view financial information and make transactions.
4. Online bill pay: It allows the bank to submit payments on your behalf.

Learn more about Electronic banking services