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What are some universal payment methods used in international business?
  • a)
    Wire transfers and PayPal payments.
  • b)
    Bitcoin and credit card transactions.
  • c)
    Local payment methods and bank transfers.
  • d)
    All of the above.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What are some universal payment methods used in international business...
Universal payment methods used in international business include wire transfers, PayPal payments, Bitcoin, credit card transactions, local payment methods, and bank transfers. Companies involved in international business need to offer payment options that are commonly accepted in different countries. This ensures smooth and secure processing of transactions, making it easier for customers to make purchases from abroad. By accepting a range of payment methods, companies can cater to the preferences and needs of customers in different markets.
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What are some universal payment methods used in international business?a)Wire transfers and PayPal payments.b)Bitcoin and credit card transactions.c)Local payment methods and bank transfers.d)All of the above.Correct answer is option 'D'. Can you explain this answer?
Question Description
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