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O-LevelCommerceBanking7100/12 · Oct/Nov 2022 · Q321 Mark

What is a benefit to a customer of using mobile banking?

Afaster access to payment services
Bfewer bank branches needed
Cpaper proof of transactions
Dreduced staff costs

✓ Correct answer

A: faster access to payment services

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About this question

Topic
Banking, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2022 Paper 1 Variant 2, question 32.

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