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When you do online banking, you are participating in _____.

a.
​B2B

b.
​C2C

c.
​B2C

d.
​SaaS

User Ines
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1 Answer

4 votes

Answer:

c. B2C

Step-by-step explanation:

Online banking is an example of B2C (Business to Consumer). Here the banking service provider is the designated business. Whereas the customers of the bank who access their accounts online constitute the C on B2C.

The other options:

B2B - Business to Business is relevant for transaction involving two business entities.

C2C - Customer to Customer is a peer transaction among customers

SaaS - Software As A Service where a software vendor make their product available on cloud.

User Lymari
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