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Take an Interview Test #179

Take an Interview

Cashless Society

An interviewer will ask you questions. Answer the questions and be sure to say as much as you can in the time allowed.

No time for preparation will be provided.

You are participating in a study about financial technology and payment methods. An interviewer will ask you some questions about a cashless society.
Interviewer: First, do you generally prefer to make payments using physical cash or a credit or debit card? Why?
Interviewer: Some people now use their mobile phones for all payments, while others still prefer using physical cards. Which method do you think is better?
Interviewer: A major concern in a cashless society is data security. Propose two actions that banks or governments could take to protect citizens' financial data.
Interviewer: How might a completely cashless society positively impact the convenience of transactions but negatively impact the financial inclusion of elderly or low-income populations?

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