Question: In mobile payment applications such as PayPal / Venmo and AliPay / WeChat , where could the actual money behind the account balances be held

In mobile payment applications such as PayPal/Venmo and AliPay/WeChat, where could the actual money
behind the account balances be held at? Please select all that apply.
Commodities such as precious metals and energy
Other investment accounts such as money markets in the users' name
Custodian bank accounts designated in the users' name
The payment solution provider's bank account
 In mobile payment applications such as PayPal/Venmo and AliPay/WeChat, where could

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!