Question

Starbucks allows customers to pay with their mobile devices. Customers create an account with Starbucks as part of the retailer's loyalty program, and transfer money to a pre-paid account. Upon check out, users activate the Starbucks app, which creates a credit voucher that can be handed to the cashier. True or False

Answer 1

Plastic money, like debit cards, credit cards, and smart cards, are different ways to transfer money when making a purchase.

Step-by-step explanation:

Plastic money, such as debit cards, credit cards, and smart cards, are different ways to transfer money when making a purchase. A debit card allows you to transfer money directly from your bank account to the seller, while a credit card is a short-term loan from the credit card company to you. With a smart card, you can store a certain value of money on the card and use it to make purchases.