Why is it necessary to match name, amount, and identification details before digital payment?
Answer and explanation
Correct answer: To avoid wrong payment and fraud
Checking the recipient name, amount, and identifying details before confirming a payment helps ensure that money is going to the intended person or organization. It can reveal a wrong account, altered amount, or impersonation attempt. The check does not speed up hardware; it protects the transaction from avoidable mistakes and fraud.
Frequently asked questions
What is the correct answer to this question?
To avoid wrong payment and fraud
Why is this the correct answer?
Checking the recipient name, amount, and identifying details before confirming a payment helps ensure that money is going to the intended person or organization. It can reveal a wrong account, altered amount, or impersonation attempt. The check does not speed up hardware; it protects the transaction from avoidable mistakes and fraud.
Which subject and chapter does this question cover?
This is a Class 10 Information Technology question. Chapter: Maintain Healthy Safe and Secure Working Environment. Topic: Health Safety and Security at Workplace.
