Module: General Practice
Q19: Retail Payment Systems are characterised by their ability to handle …… transactions efficiently.
✅ Correct Answer: B
Retail Payment Systems are characterised by their ability to efficiently handle large volumes of transactions.
This contrasts with wholesale systems, which handle low volumes of very high-value transactions.
This volume capability is highlighted in the RBI's Payment Systems Report - June 2025.
This contrasts with wholesale systems, which handle low volumes of very high-value transactions.
This volume capability is highlighted in the RBI's Payment Systems Report - June 2025.