CAF-3 · Chapter 12 · Question 13 of 15
PayPal is considered a pioneer in the Fintech industry. How did it primarily revolutionize early digital finance?
Test yourself: pick an answer
Reveal answer & explanation
Correct answer: C) By allowing users to send and receive money digitally across borders, bypassing traditional bank delays and fees
Explanation
PayPal revolutionized digital payments by allowing users and small businesses to securely send and receive money digitally across borders, bypassing traditional bank transfer delays and high fees
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