Multiple choice technology mainframe

What is DD (Direct Debit)?

  1. It is the process paying the bills online every month through the customers saving’s account

  2. It is the process of paying the bills automatically after every transaction made by the customer through the customers saving’s account.

  3. It is the process of sending a automated notification to the customer reminding of the payment date and amount.

  4. It is the process paying the bills automatically every month through the customers saving’s account

Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Direct Debit is an automated financial arrangement where a customer authorizes a biller to withdraw funds directly from their bank account on a recurring monthly basis. Distractors confuse it with manual online bill pay, immediate per-transaction payments, or simple notification reminders.