Business GCSE
Payment systems
What Payment systems means in Business GCSE, as defined for Pearson Edexcel.
Definition of Payment systems
Check what you remember
Read the wording for your board, then hide it and explain Payment systems in your own words. Rough notes are fine. This is a self-check, with no mark or grade.
Reference: Pearson Edexcel
Modern systems, including contactless cards and digital wallets, that offer convenience and speed for customers and ensure secure, traceable transactions for the business.
Topics that use Payment systems
- Technology and business (Pearson Edexcel GCSE)
Related terms
Using Payment systems in the exam
Check the command word and mark scheme for your exact question. After comparing your explanation with the reference, use the term in an answer on the linked topic. This practice does not predict an exam mark.
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