Multiple choice

Which of the following e-commerce systems can handle non-monetary documents?

  1. SWIFT

  2. EFTS

  3. EDI

  4. EBTS
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

EDI (Electronic Data Interchange) is designed to exchange business documents in standardized electronic formats, including both monetary transactions AND non-monetary documents like purchase orders, invoices, and shipping notices. SWIFT focuses on financial messaging, EFTS handles electronic funds transfers, and EBTS is not a standard e-commerce system.

Keep practicing — related questions