Final answer:
Micropayments enable individuals to make small transactions using mobile devices, fitting into a modern trend away from cash to digital forms of payment, which also includes debit and credit cards as well as smart cards. so, option B is the correct answer.
Step-by-step explanation:
The ability to make micropayments allows individuals to use their mobile devices to do things like purchase a beverage from a vending machine or make a payment to a municipal parking meter. The term micropayment refers to small financial transactions which are often made online for digital goods or services. In the context of financial transactions, this concept fits into the broader shift from traditional cash payments to more abstract forms of payment such as debit cards, credit cards, smart money, and even virtual currencies like Bitcoin.
A debit card transfers money directly from the user’s bank account, whereas a credit card is considered a short-term loan from the issuing company. Smart cards, on the other hand, can store a set amount of funds for future purchases.