Lesson 19. Online transactions Match each word to a suitable definition

True/False exercise:

1. 
   In B2B transactions, businesses conduct transactions with banks. _____
   
2. 
   B2C transaction payments are mostly done with cash. _____
   
3. 
   There are three main types of transactions: B2B, B2C, C2C. _____
   
4. 
   In order to approve a purchase seller must approve the request. ______
   
5. 
   After order is placed, customer must register and then pay the payment. _____
   
6. 
   Three stages of online transactions are pre-purchase, purchase and delivery. _____
   
7. 
   Shopping cart of customer is password protected. _____
   
8. 
   When a customer likes a product or a service, he/she puts the product in the ‘shopping cart’. _____
   
9. 
   The buyer has to send his debit card or credit card details to the seller during payment. _____
   
10. 
    Online transactions on eBay are B2C. ____
    

5. Fill the gaps.
account process funds payment P2P service software transaction accounts payments moneys


To complete _____ payment transactions, many individual buyers and sellers use PayPal, the leading P2P payment _____, which handles roughly 50 percent of the payments processed via eBay. Both parties must be members of PayPal for the _____ to be completed. To make a _____, members can e-mail funds to any other PayPal account holder via an automated e-mail message titled "You've Got Cash!". Individuals making payments can stipulate whether they want the ____ charged to a credit card or withdrawn from a bank account they have agreed to allow PayPal to debit. PayPal also allows users to set up PayPal _____ from which they can make and receive _____.