Question 11
How do online payment companies make money?
Interest from loans/credit
Transaction fees (a small cut from the transaction)
Monthly subscription
Both Interest from loans/credit and transaction fees
Ads
BDM End Term 22 Dec 2024 — Question 11
Show answer
Correct answer
Both Interest from loans/credit and transaction fees
Question 11 of 25 in the IIT Madras BS Business Data Management (BDM) End Term paper sat on 22 Dec 2024, in the September 2024 term (IIT M FOUNDATION DIPLOMA AN EXAM QDF3 22 Dec 2024). It carries 1 mark.
More questions from this paper
- In the context of economic flow, what do firms provide to households in exchange for labour?
- Which Excel function can be used to search for a certain value from another table and retrieve a reference value based …
- Which of the following is NOT a government source of economic data mentioned in the segment?
- What implication does a bimodal distribution in household transportation expenditure data point to?
- Which of the following factors is most critical in determining the market potential for a new product?
- What does the Days of Sales of Inventory indicate?
- Which of the following scenarios can be best expressed through a Bar chart?
- Which of the following is typically NOT performed when using a pivot table in data analysis ?
- Swyft, a new taxi aggregator platform has developed a new recommendation engine called “TinSage?” and they want to test…
- What is the primary goal of an A/B test?
- A form created by HR that outlines the budgetary details, skills and capabilities required etc. is called
- Consider the following dataset: Composite Score= Sum of all criteria on the same scale\ Rank the above candidates and c…
- PePhone is a FinTech firm that processes payments. Following are sources of revenue for the company – 3.5% of transacti…
- | Products | Sale amount | |---|---| | Product A | 22,000 | | Product B | 18,000 | | Product C | 29,000 | | Product D |…
- | Products | Sale amount | |---|---| | Product A | 22,000 | | Product B | 18,000 | | Product C | 29,000 | | Product D |…
- Company HiringSoft wants to recruit Software Engineers for its new project. The hiring manager was tasked with choosing…
- Company HiringSoft wants to recruit Software Engineers for its new project. The hiring manager was tasked with choosing…
- | Product Name | Prod. ID | Month 1 Sales | Month 2 Sales | Month 3 Sales | Unit Price (\$) | |---|---|---|---|---|---|…
- | Product Name | Prod. ID | Month 1 Sales | Month 2 Sales | Month 3 Sales | Unit Price (\$) | |---|---|---|---|---|---|…
- | Product Name | Prod. ID | Month 1 Sales | Month 2 Sales | Month 3 Sales | Unit Price (\$) | |---|---|---|---|---|---|…
- Based on the data in the table, Calculate the missing values X1, X2, X3 \& X4 Enter the value X1 _
- Based on the data in the table, Calculate the missing values X1, X2, X3 \& X4 Enter the value X2
- Based on the data in the table, Calculate the missing values X1, X2, X3 \& X4 Enter the value X3
- Based on the data in the table, Calculate the missing values X1, X2, X3 \& X4 Enter the value X4