Spend now and pay later stands for
-
ATM card
-
credit card
-
debit card
-
electronic purse
B
Correct answer
Explanation
A credit card is a payment card issued to users (cardholders) as a method of payment. It allows the cardholder to pay for goods and services based on the holder's promise to pay for them. Thus, a user can spend at the moment and can pay later for the same.