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Jamie lee used a debit card as her payment method. what are some other payment methods

a. Money orders
b. Mutual funds
c.Credit cards
d.Peer to peer money transfers
e.Prepaid cards

User Lincoln
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1 Answer

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Final answer:

In addition to debit cards, other payment methods include money orders, credit cards, peer-to-peer money transfers, and prepaid cards. These payment methods offer different features and cater to various needs in financial transactions.

Step-by-step explanation:

Jamie Lee used a debit card as her payment method. Besides debit cards, there are several other payment methods available. Some of the alternative payment methods include money orders, which are prepaid vouchers that can be exchanged for the amount of money specified on them; credit cards, which allow users to make purchases by borrowing funds up to a certain limit with the obligation to pay back the borrowed amount along with potential interest; and peer-to-peer money transfers (P2P), which enable individuals to send money directly to others through a digital platform. Another notable method is using prepaid cards, which are pre-loaded with funds for transactions, similar to debit cards but not directly linked to a bank account. Each of these methods has its own features and uses in the financial ecosystem.

User NoRyb
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