what potential downsides do you see for using a digital wallet payment?

Answers

Answer 1

Here are different potential downsides while using a digital wallet payment. Firstly Security Concerns which are vulnerable to hacking and fraud, so users must be careful to protect their passwords and PINs. There are Compatibility issues also with all online stores or services, making purchases or payments difficult.

Further there is a loss of Control by relying on a third-party service to store payment information, users may have less control over their spending and budgeting. Also some digital wallets charge transaction fees that can add up over time. Digital wallets may fail or technical problems may occur that prevent users from making payments or purchases.

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Related Questions

During the early years of the Reagan administration, some of the presidential advisors argued that tax cuts could reduce inflation because they would give people an incentive to produce more. Critics of this argument believed that tax cuts would increase inflation, not reduce it. The critics were arguing that tax cuts move the:

Answers

Answer:

The correct solution is "Aggregate demand curve to the right with little change in long-run aggregate supply".

Explanation:

Together all long-term aggregate demand curve implies that the average has some degree of environmental production this could generate, anywhere at a competitive price. When major inflation increases prices multiply simultaneously, and now in the long term, your community could still contribute to the provision. The critics argued that tax reductions shift the aggregate equilibrium to the right with really no improvement throughout the aggregate production in the long term.

What is the difference between paperback and mass market paperback?.

Answers

Answer:

Mass market paperbacks are cheaper and smaller than trade paperbacks.

Explanation:

The pricing of accessory products to go along with the main product is called ______________ pricing.

Answers

Optional product pricing

The pricing of accessory products to go along with the main product is called Optional product pricing. When a corporation decides to sell a product for a significantly lower price than they would typically charge.

What is the optional product pricing?

To compensate for potential losses, a corporation may charge a lower price for a base product and a higher price for additional, optional items.

Optional goods aren't required for the base product to work, but they frequently enhance the customer experience.

Thus, Optional product pricing is the pricing of accessory.

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on december 1, chocolate inc. sells 2,000 shares of its $1 par value common stock for $16 per share. the journal entry on december 1 will include a debit to cash for $32,000. group of answer choices true false

Answers

Contrary to popular belief, accounting is the activity of categorizing, documenting, compiling, and deciphering business transactions.

The definition of a journal entry?A transaction is documented by a journal entry made in your company's books. In double-entry bookkeeping, there must be a minimum of two journal entries for every transaction. A bookkeeper uses journal entries to record all the changes that a transaction might make to the business. By making a journal entry, a firm can record information about a transaction in its accounting records. A journal entry is frequently kept in the general ledger, but it can alternatively be retained in a subsidiary ledger and then rolled forward into the general ledger once it has been summarized.  

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An electronic banking outlet that enables customers to use a card to
withdraw money is called a(n):
A. debit card cashier.
B. money market.
C. certificate of deposit.
D. automated teller machine.

Answers

Answer:

D) automated teller machine

do you mind marking me as brainliest?

Answer:D

Explanation: just got it right

Bank refuses to give laszlo a mortgage unless an accommodation party signs the instrument as well. laszlo's sister lana signs the loan and writes, "i guarantee collection." can wainwright claim directly against lana without first demanding payment from laszlo?

Answers

It is false statement that Wainwright bank can claim directly against Lana without first demanding payment from Laszlo.

Who is an accommodation party?

In a legal term, the accommodation party is used in an commercial transactions and refers to the individual who has agreed to act as guarantor to assist another's access to a loan or credit extension.

Despite that Lana is a guarantor for the loan, she is not liable for outright repayment of the mortgage, rather, Laszio is. Therefore, It is false statement that Wainwright bank can claim directly against Lana without first demanding payment from Laszlo.

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A stigmatized property is one: (a) Where physical damage makes it undesirable to buyers (b) That a historical society owns and maintains (c) Where a particular event has affected the desirability of the property (d) None of these are correct

Answers

Answer:

(C) Where a particular event has affected the desirability of the property

Explanation:

A stigmatized property is one that has been psychologically impacted by an event that occurred on the property or one that has been suspected to have occurred on that property. Such a property is now "stigmatized" because such an event will have a drastic effect on multiple values and aspects of the property.

What is vulnerability? Give examples of vulnerability and the
mitigation method can be taken to remove it.

Answers

Vulnerability refers to a weakness or flaw in a system, process, or infrastructure that can be exploited by malicious actors to gain unauthorized access, disrupt operations, or compromise data integrity and confidentiality. Vulnerabilities can exist in software, networks, hardware, and even human factors.

Software Vulnerability: A software application may contain coding errors or design flaws that can be exploited.

Network Vulnerability: Weak network configurations, unsecured wireless networks, or outdated protocols can leave networks vulnerable.

Social Engineering Vulnerability: Humans can be a weak link in security.

Hardware Vulnerability: Flaws or weaknesses in hardware components can create vulnerabilities. For example, a hardware keylogger inserted between a keyboard and computer can record keystrokes.

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A simple machine has efficiency 90%.What does it mean?No machine has 100%efficiency,Why?​

Answers

Answer with explanation:

1) it means tht the machine can do it's work in a 90% in a good way

2) no machine is free from the effects of gravity, and even with wonderful lubrication the energy a machine produces is always less than the work put into it that's why 100% efficency isnt possible in machines.

Best of luck!!!

What Is the Internal Revenue Service (IRS)?

Answers

The Internal Revenue Service (IRS) is the federal agency responsible for the collection of taxes in the United States. It is a bureau of the Department of Treasury and is governed by the Commissioner of Internal Revenue, who is appointed by the President of the United States.

The IRS is responsible for enforcing federal tax laws, including the assessment and collection of taxes, penalties, and interest. It also administers various tax-related programs, such as the Earned Income Tax Credit (EITC) and the Child Tax Credit.

The IRS provides tax forms and instructions to individuals and businesses, and it also offers assistance and guidance to taxpayers through its website and toll-free helpline. It also conducts audits to ensure compliance with tax laws and regulations, and it enforces penalties for non-compliance.

The IRS is an essential agency that helps the government to fund various programs and services through the collection of taxes. It is important for individuals and businesses to comply with federal tax laws and file their taxes accurately and on time to avoid penalties and interest.

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According to the security market line (sml), what is the cost of equity capital for a company if the risk-free rate is 2 percent, the market risk premium is 9 percent, and beta is 1.5?

Answers

The cost of equity capital for a company if the risk-free rate is 2 percent    = 14.8%

Equity capital is the price range paid right into a business by buyers in alternate for not unusual or preferred inventory. This represents the center funding of a commercial enterprise, to which debt funding can be brought. Equity capitalis any capital raised thru promoting shares with a key distinction being whether the shares are offered privately or publicly: non-public: shares of inventory in an organization within a non-public group of traders.

Expected rate of return=Rf+β×(Rm−Rf)

Rf = Risk-free rate of return = 2%

Rm−Rf = Market risk premium = 9%

Putting the values,

Expected rate of return =4%+1.2×9%

                                        =4%+10.8%

                                         = 14.8%

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Bro why do people keep answering and saying here’s the link or whatever

Answers

Answer:

By what I've seen they're sending out links that reveal your IP or something. If they get this IP they can see your location and your online identity which can get dangerous. Best if you leave that link alone.

when a speculative attack on the exchange value of a currency results in a depreciation of that currency, it is called a(n)

Answers

A currency crisis is the term used to describe a situation where the value of a currency experiences a sudden and significant decline due to a speculative attack.

A currency crisis occurs when there is a sudden and sharp depreciation of a currency, which can lead to financial instability, economic downturns, and political turmoil.

A speculative attack on a currency occurs when investors anticipate a depreciation in the currency's value, causing them to sell off their holdings and convert them into other currencies or assets. This can trigger a domino effect where other investors also start selling their holdings, causing a sharp drop in the currency's value.

Currency crises can have severe consequences for an economy, including high inflation, decreased foreign investment, reduced economic growth, and increased unemployment. Governments often take measures to stabilize their currency in times of crisis, such as raising interest rates, selling foreign reserves, or implementing capital controls.

Overall, a currency crisis can have far-reaching effects on an economy and the broader global financial system, highlighting the importance of stable exchange rates and prudent economic policies.

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Melissa plans to become a nurse. What would be a good extracurricular activity for Melissa during high school? O A. O B. O C. O D. joining the cheerleading squad taking charcoal drawing lessons participating in gymnastics volunteering at a health clinic after school​

Answers

Answer:

Volunteering at a health clinic after school​

Explanation:

If Melissa plans on becoming a nurse, she should look for extracurriculars which could help support her in her future years. Volunteering at a health clinic could provide her with hands on experience opposed to cheerleading or charcoal drawing which are good for hobbies and fun activities. But if Melissa really has a passion to become a nurse she should look for extracurriculars which not only interest her but may be of benefit to her.

making a good first impression is one of the most important components of an effective presentation. t or f

Answers

Answer:

I think this it is very much false

Why would the inherent and control risks at Kid Castle be of concern to a potential auditor?

Answers

Inherent risk is one of the risks auditors and analysts must look for when reviewing financial statements, along with control risk and detection risk. ... The ultimate risk posed to the company also depends on the financial exposure created by the inherent risk if the process for accounting for the exposure fails.

Quintina decided to increase the deduction percentage of her federal income tax rate from 14% to 16%. Quintina’s gross pay per month is $2,100. Her deductions before the change are listed in the table.

Answers

Answer:

$1555

Explanation:

Answer:

1555

Explanation:

Just did the quiz 2021

Select ALL the correct answers.
Which two of the following are factors of production?
a home mortgage loan
stock in a construction company
a newly built house
carpentry skills
planks of hardwood

Answers

Answer:

stock in a construction company

planks of hardwood

By law, manufacturers and distributors are responsible for providing Safety Data Sheets.
Who else is responsible for providing Safety Data Sheets?
Select the best option.
O
O
Managers
Workers
Importers
Employers

Answers

Managers are responsible for providing Safety Data Sheets.

According to the Hazard Communication Standard (HCS) (29 CFR 1910.1200(g)), which was updated in 2012, the chemical manufacturer, distributor, or importer must give downstream users Safety Data Sheets (SDSs) (previously known as Material Safety Data Sheets or MSDSs) for each hazardous chemical in order to inform them of the hazards.

The SDS and MSDS both include virtually the same information, but today the SDSs must be presented in a standardized, user-friendly, 16-section format. This guideline helps workers who handle dangerous chemicals become accustomed to the format and comprehend the SDSs' contents.

The SDS contains details about the physical, physiological, and environmental dangers of each chemical, as well as information about how to handle, store, and transport each chemical safely.

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the slope of an indifference curve a. all of the choices are correct. b. shows the change in utility from an additional unit of the good. c. shows the rate at which the consumer is able to substitute goods in the market. d. is equal to the price ratio at all points. e. is the rate at which the consumer is willing to exchange one good for another, utility held constant.

Answers

The slope of an indifference curve generally can be defined as (E) the rate at which the consumer is willing to exchange one good for another, utility held constant. The slope indifference curve also can be described as the marginal rate of substitution or known as MRS.

The MRS or known as marginal rate of substitution generally can be defined as the amount of a good that without any change in utility, a consumer is willing to give up for a unit of another good. When one good is bad and one is good for the consumer, then The indifference curve is positively sloped.

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Brie has a really busy day. She has several tasks to do and she needs to get them all done by the end of the day. She’s worried that she won’t be able to complete them all. Which of the following actions should her get each task done?
A. NOT LOOK AT THE CLOCK
B. SAVE SOME TASK FOR TOMMOROW
C. SPEND TIME REORGANIZING HER "TO DO" LIST
D. IMPOSE A TIME LIMT ON EACH TASK

Answers

Answer : C

Explanation:

Brie has a really busy day. She has several tasks to do and she needs to get them all done by the end of the day. The following actions should her get each task done spend time reorganizing her "To Do List."

What is "TO DO LIST?

A to-do list is simply a list of tasks that need to be completed. In other words, pretty much anything and everything can be on your to-do list. However, just because you've written your tasks down doesn't mean they'll actually be done. You can prioritize your tasks and produce excellent work by keeping track of when they are due.

It is a list of things you need to get done or desire to do. They are usually arranged according to priority. They serve as a memory aid and are typically written on paper or post-it notes.

Further that TO DO LIST  have to complete is one of the core time management tools. It places all of your tasks in one location. From there, you can order them by importance and focus on the most crucial ones first.

Therefore brain is not the most effective memory tool and only relies on methods that it is certain will work.

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a(n) refers to an industry dominated by a small number of players. group of answer choices oligopoly monopoly perfect competition free market

Answers

An oligopoly refers to an industry that is dominated by a small number of players, typically two or three large firms.

These firms have significant market power and can influence prices, output, and other market conditions. An oligopoly is characterized by barriers to entry, such as high capital costs or regulatory hurdles, which limit competition from new entrants. In contrast, perfect competition is a market where no single firm has market power and many small firms compete to sell their goods or services.

A monopoly occurs when a single firm dominates an industry and has exclusive control over the supply of a good or service. A free market refers to an economic system where prices are determined by supply and demand without government intervention.

An oligopoly refers to an industry dominated by a small number of players. In an oligopoly, these few firms have significant market power and can influence prices, output, and other market conditions. This contrasts with a monopoly, where one firm controls the entire market, and perfect competition, where there are numerous small firms with no individual market power.

In a free market, businesses operate with minimal government interference, which could allow for the formation of oligopolies if competition is limited.

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a security that represents part ownership or equity in a company

Answers

the answer is common shares. common shares are securities which represent part ownership in a company and generally carry voting privileges.

What is this population growth?
population increases by 41
population decreases by 15
population increases by 15
population decreases by 24

Answers

In this population, the population growth is population increases by 15

How to solve for the population growth

Population growth cane be defined to mean the change in the number of persons or organisms living in a particular area over a period of time.

The formula for calculation this is given as?

Population growth = (birth rate + immigration) - (death rate + emigration)

We have to add the data in the formula hence we have

35+4 - 7+17

=39-24

=15

The population is thus said to have increased by 15

Complete question

Birth rate = 35

Death rate = 7

Immigration = 4

Emigration = 17

What is this population growth?

population increases by 41

population decreases by 15

population increases by 15

population decreases by 24

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Answer:

population increases by 15

Explanation:

NEED HELP, I WILL GIVE BRAINLIEST

Today I sold a new 80 inch television. The sale of this item is called________?

A. Unit of Sale
B. Asset
C. Cost of Goods Sold

Answers

Answer:

unit of sale

Explanation:

if u look up the definition of the word, unit of sale makes understand

Answer:

a.unit of sales

Explanation:

Why do you assume that construction loans are refinanced and replaced with permanent loans when the construction finishes?

Answers

Refinancing a construction loan with a permanent loan can provide property owners with greater stability, lower monthly payments, and other financial benefits that can make it an attractive option for many borrowers.

Construction loans are generally short-term loans that are intended to cover the costs associated with building a new property or renovating an existing one. These loans are typically structured to provide funding in stages, as construction progresses, and are secured by the property itself.

Once construction is complete, the property owner may choose to refinance the construction loan with a permanent loan, which is a long-term financing option that is designed to provide stable, predictable payments over an extended period of time. There are several reasons why property owners may choose to refinance a construction loan with a permanent loan.

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The general ledger account for Accounts Receivable shows a debit balance of AED 50,000 . The Allowance for Doubtful Accounts has a credit balance of AED 1.000. If management estimates that 5% of Accounts Receivable will prove uncollectible, Bad Debts Expense would be recorded for A. AED 1,500. B. AED 2.540. C. AED 2.500. D. AED 3,500 .

Answers

Bad Debts Expense would be recorded for C AED 2,500. This amount is calculated by multiplying the estimated percentage of uncollectible accounts (5%) by the Accounts Receivable balance (AED 50,000) minus the credit balance in the Allowance for Doubtful Accounts (AED 1,000).

To determine the amount of Bad Debts Expense, we need to calculate the estimated uncollectible amount based on the given information. The Accounts Receivable balance of AED 50,000 represents the total amount owed to the company by its customers. The Allowance for Doubtful Accounts is a contra-asset account used to estimate and offset the potential losses from uncollectible accounts. In this case, it has a credit balance of AED 1,000.

To estimate the Bad Debts Expense, we multiply the estimated percentage of uncollectible accounts (5%) by the net Accounts Receivable balance. The net balance is calculated by subtracting the credit balance in the Allowance for Doubtful Accounts (AED 1,000) from the Accounts Receivable balance (AED 50,000). 5% of AED 49,000 (AED 50,000 - AED 1,000) equals AED 2,450. However, since the options provided are rounded, the closest amount is AED 2,500. Therefore, Bad Debts Expense would be recorded for AED 2,500 in this scenario.

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How do companies research potential new markets? Choose a global company who has a record of successful new market entry and explain why it has had this success, and consider also the reasons for any failures.

Answers

Explanation:

Companies search for potential new markets by collecting consumer data to understand their opinions, wants and needs, and then being able to enter a new market with a safe and effective strategy to generate profits and successes. Data collection occurs in the form of primary and secondary research. The primary research takes place directly with the consumer, it can be carried out in the form of focus groups, which is a direct analysis of the market demand researched by the consumer.

As for secondary research, information is received through third parties, such as online sites, trade associations, etc., which give an idea of ​​market behavior.

IKEA in China is an example of a global company that entered a different market in the form of strategic adaptation to meet the needs of the Chinese, through ideas and concepts aimed at this public.

Which of these is a reason why a company may want to recruit internally? A Better chance of fresh ideas o B. Broader experience within the industry c. Familiarity with the company mission D. Saving money on salaries​

Answers

Answer:

C. Familiarity with the company mission.

Explanation:

As a corporate director, I tend to seek talent within our organization for this very reason. Long term team members whom plan on growing with our organization are, at times, best suited for roles above their current level due to their loyalty and familiarity with the company mission. Promoting within gives great culture to a company and adds to overall moral.

i am so coufued "what i am going to in future, i am very good in art and math and cooking and pe?

Answers

Answer:

you can be a artist or chef

Answer:

You can start up an art themed restaurant.

Explanation:

You are very talented, you could even enter cooking shows to practice and improve on ur cooking skills.

Very many people have are paintings in their homes, selling your art could earn you plenty of income.

PLEASE MARK BRAINLIEST :))
Other Questions
Sam, Tara and Katie share a sum of money in the ratio 7 : 5:13What percentage of the money does Tara receive? PLEASE HELP!!! I WILL MARK THE BRAINLIST IF I GET 2 ANSWERS!!!Charlie bought 2 pounds of pears for $0.76 per pound and 22 pounds of grapes for $1.40 per pound. How much money in dollars and cents did Charlie pay for the pears and grapes? Accrued revenues adjustments LO P4 Record adjusting journal entries for each separate case below for year ended December 31. Assume no other adjusting entries are made during the year. a. Accounts Receivable. At year-end, the L. Cole Company has completed services of $20,500 for a client, but the client has not yet been billed for those services. b. Interest Receivable. At year-end, the company has earned, but not yet recorded, $450 of interest earned from its investments in government bonds. c. Accounts Receivable. A painting company bills customers when jobs are complete. The work for one job is now complete. The customer has not yet been billed for the $1,420 of work. View transaction list Journal entry worksheet < 1 2 3 At year-end, the L. Cole Company has completed services of $20,500 for a client, but the client has not yet been billed for those services. Note: Enter debits before credits. Transaction General Journal Debit Credit a. Record entry Clear entry View general journal What would happen ifincreased amounts of foodwere added for thedevelopment of the ponddescribed in this passage?A Only the male fish would grow.B. The additional organic material could threaten the health of the fish populationC Carrying capacity will decline. Dietary fiber helps digestion and is found in foods high in_____________ If 2(x + 3) + 7x = 3(x - 2) - 9, then x = ? A wave as represented by the equation Y = 2 sin (0.5x - 200t) Where all distances are measured in cm and in Second. For this wave, calculate a) frequency b)wave length C )Speed d) Amplitude e)period f)wave number g)angular velocity to make fruit punch, susannah mixes lemonade with orange juice in the ratio of 5:9. she uses 10 cups of lemonade. how many cups of orange juice does she have? Please use proportions and show work Another word for characteristics of a living thing? If a coin is flipped 80 times what is the experimental probability if it land on heads 44 times and tails 36 times A nurse is assessing a client who has hypokalemia as a result of nausea, vomiting, and diarrhea. Which of the following findings should the nurse expect? a national study of more than 21,501 marriages by olson and olson (2011) demonstrated that _____ and _____ were common areas of problems for couples. A 60 kg skier with an initial velocity of 12 m/s coasts up a hill. At the top of the hill, the skier is traveling at 9.75 m/s. Assuming there is no friction in the skis, how high was the hill?(1 point)ResponsesA 7.35 mB 10 mC 2.5 mD 0.25 m when caring for a patient with heart disease, the nurse recognizes that which activity should be avoided to prevent excessive vagal stimulation write an expression that evaluates to true if and only if the value of x is equal to zero. The parabola $y = ax^2 + bx + c$ is graphed below. Find $a+b+c$. (The grid lines are one unit apart.) Why is an atomic bomb a fearsome weapon? Select four options.It can destroy whole cities.It creates mushroom-shaped clouds.The energy it releases kills many people instantly.It creates huge amounts of energy by splitting atoms.The radiation from the explosion kills many people for years afterward. l m going to school The system of intendants was established in seventeenth-century france primarily to?. A networker surveys a room for potential customers or clients, wondering who he can sell to. Such a networker is considered to be