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Swati

· started a discussion

· 1 Months ago

how can they provide fraud security to debit card (Question: 103316.0 )

master visa maestro card.
plz correct the answer.

Question:

Find the correct statements about Master Card, Visa and Maestro Card.


1)They issue credit cards and debit cards


2)They are payment networks


3)They provide fraud security to debit and credit cards

Options:
A)

Only 1 and 2

B)

Only 1 and 3

C)

Only 2 and 3

D)

Only 2

E)

None of these

Solution:

MasterCard, Visa and Maestro Card are payment networks which facilitate the transaction at the point of sales of the card-holder. They themselves don’t issue the cards though. This is done by the banks.

Knowledge Expert

· commented

· 1 Months ago

Only second statement is correct..............we resolved it...........
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