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Business Studies

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Question

A mobile wallet is a type of payment service through which businesses and individuals can receive and send money via mobile devices.

A

True

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B

False

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Solution

The correct option is A
True

True. A mobile wallet is a type of payment service through which businesses and individuals can receive and send money via mobile devices.It is a form of e-commerce model that is designed to be used with mobile devices due to their convenience and easy access.

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