Which type of payment has increased the most since 2000?


How many billions of credit card transactions occurred in 2018?



Predict how many billions of non-prepaid card transactions will occur in 2020.



In 2004, the number of credit card and debit card transactions were quite similar. By 2018, they had very different usage. What do you think caused the variance in growth?



Check transactions have decreased every year since 2000. Hypothesize what the graph for check transactions will look like by the year 2030.

Answers

Answer 1

Answer:

Cryptocurrency

Explanation:

Cryptocurrency currency is increasing Exponentially.

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Answer 2

1. The type of payment system which has increased the most from year 2000 till date is the use of cryptocurrency.

Cryptocurrency uses digital entries on a database to describe transactions without relying on banks and other financial institutions.

2. In 2018 alone, the United States recorded 40.9 billion credit card transactions.

Credit cards are short-term loans issued by financial institutions to their customers, enabling them to make payments for goods and services.

3. The growth variance of credit card and debit card transactions from 2018 was caused by financial instability.  This forced financial institutions to end the extension of credits to customers.

4. By the year 2030, the number of people and institutions using checks to make payments will reduce to less than 10% from its 2000 figures.

The use of checks as a means of payment is in irreversible decline.  Checks have been increasingly replaced by plastic cards and online banking.

Thus, with the acceptance and legalization of cryptocurrencies, checks will soon go into extinction.

Read more about payment systems at https://brainly.com/question/20840060


Related Questions

Describe and explain the differences between a Country, Nation, and State. Why do you believe it is important to know this difference and how do you believe that these distinctions affect how these entities interact in the world?

Answers

Answer:

Describing and explaining the differences between a Country, Nation, and State below in brief detailed explanation.

Explanation:

While the titles country, state, and nation are frequently utilized correspondingly, there is a variation. A-State (remark the capital "S") is a self-governing administrative entity. The term State can be used correspondingly with the country. A nation, nevertheless, is a tightly-knit collection of people who share a general culture.

Can you think of any other machines that are not thrilling but exciting

Answers

Answer:

While the Ferris wheel is not as thrilling as a roller coaster, it is still very exciting. ... In fact, the original Ferris wheel was designed as much to be seen as to be ridden

4 men and 6 women can complete a work in 8 days, while 3 men and 7 women can complete
it in 10 dyas. In how many days will 10 women complete it?
(a) 45
(b) 40
(c) 50
(d) 35​

Answers

4 men x 8 days = 32 days work content & 6 women x 8 days = 48 work content

6 women at 1/400 per day x 8 days is 48/400. 352+ so 1 mans daily output is 11 work units per day x 4 men = 44 work output per day x 8 days = 352 total work output

3 men x 10 days = 30 days work content & 7 women x 10 days = 70 work content
1 man work output is 11 x 3 men x 10 days = 333 work units

one woman’s work output is 1/400 per day x 7 women = 7/400 per day x 10 days = Total of 70 work output plus men’s output of 330 = 400 work units.

10 women x 40 days = 400 work content

so if 10 men carried out the work its 11 x 10 men = 110 work units per day

400 work units + 110 work units per day = 3.6363 days work for 10 men.

1 women daily work output = 1/400 unit per person x 10 women or 10/400 work units per day so 10 x 40 days

4 Men & 6 Women = 8 days (men = 4 x 8 x 11 = 352)( 6 x 8 x 1/40 = 48/40
3 Men & 7 Women=10 days (men = 3 x 10 x 11 = 330)(7 x 10 x 1/40 =70/40)
10 women at 1/400 each per day x 40 days is 400 work units

while 10 men x 11 units is 110 units per day so for 400 units it’s 3.6363 days

1 man is equal approximately to 11 Women

10 men can do job in 3.6363 days x ratio of 11 =

Answer: It will taken 10 women x 40 days to complete the same job.
40 is the right answer

5. How did they keep slaves fit?
a. They made them dance on deck.
b. They ran on a wheel.
c. They did jumping jacks and ran races.
d. They jogged around the deck​

Answers

Answer:

The answer is (A) ( They made them dance on deck)

5 points Which factors most account for the creation of a tropical climate throughout much of the Indian subcontinent?​

Answers

Answer:

Location and temperature.

Explanation:

Location and temperature are the two factors that are responsible for the creation of tropical climate in the Indian subcontinent because the region of Indian subcontinent is located in tropic regions. Those regions that are present around the equator experience tropical climate. As we see the world map, we find out that most regions of Indian subcontinent lies on the tropical climate which is responsible for its tropical climate.

what are the states in the ring of fire?

Answers

Explanation:

This mountain range is part of an 800-mile volcano chain that extends from southern British Columbia, down to Washington State, Oregon, and Northern California.

This mountain range is part of an 800-mile volcano chain that extends from southern British Columbia, down to Washington State, Oregon, and Northern California

what is the negative influence of local climate on settlements​

Answers

Answer:

The most widespread direct risk to human settlements from climate change is flooding and landslides. Projected increases in rainfall intensity and, in coastal areas, sea-level rise will be the culprits. Cities on rivers and coasts are particularly at risk.

Explanation:

I hope it helps to you a lot!

Correct me if my answer is wrong.

Discuss three main approaches/techniques in map analysis​

Answers

Answer:

I am gonna tell 4:

Explanation:

Bottlenecks: points where tasks accumulate and the process flow is slowed. These should be analyzed and the problem solved. Read more about bottlenecks…

Points of contact with the customer: should always be fully satisfying experiences. Monitor them, as these are the times when the customer “judges” the company.

Determine the value-adding activities: these should be improved the most. Those that do not add value should be stopped.

The interaction between systems: The so-called “Handoffs” are the times when information passes from one system to another, often by human action, and should be structured so that the information passed from one to another remains reliable.

which company designed a network that apparently became internet​

Answers

Answer:

Advanced Research Projects Agency

Explanation:

what is the importance of the composition of the atmosphere for living organisms​

Answers

Answer:

The Earth's atmosphere protects and sustains the planet's inhabitants by providing warmth and absorbing harmful solar rays. In addition to containing the oxygen and carbon dioxide, which living things need to survive, the atmosphere traps the sun's energy and wards off many of the dangers of space.

Answer:

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