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

True/False exercise:

1. 
   In B2B transactions, businesses conduct transactions with banks. F _____
   
2. 
   B2C transaction payments are mostly done with cash. F_____
   
3. 
   There are three main types of transactions: B2B, B2C, C2C. T _____
   
4. 
   In order to approve a purchase seller must approve the request. T______
   
5. 
   After order is placed, customer must register and then pay the payment. _F____
   
6. 
   Three stages of online transactions are pre-purchase, purchase and delivery. T_____
   
7. 
   Shopping cart of customer is password protected. _T____
   
8. 
   When a customer likes a product or a service, he/she puts the product in the ‘shopping cart’. ___F__
   
9. 
   The buyer has to send his debit card or credit card details to the seller during payment. __T___
   
10. 
    Online transactions on eBay are B2C. _F___
    

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 Individuals making payments can stipulate whether they want the ____ charged to a credit card or withdrawn from a bank account they have agreed to allow PayPal to debit.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 _____.

To complete SERVICE payment transactions, many individual buyers and sellers use PayPal, the leading P2P payment TRANSACTION, which handles roughly 50 percent of the payments processed via eBay. Both parties must be members of PayPal for the PAYMENT to be completed. To make a PROCESS, 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 Individuals making payments can stipulate whether they want the SOFTWARE charged to a credit card or withdrawn from a bank account they have agreed to allow PayPal to debit.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 ACCOUNT from which they can make and receive MONEYS.