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Banking Basics Answers

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What is the primary difference between an e-check and P2P payment systems?

A
E-checks are processed instantly, whereas P2P payments take several days.
B
E-checks are for personal use only, whereas P2P payments include business transactions.
C
An e-check is used for purchasing goods online, while P2P payments are for paying bills.
D
An e-check uses traditional banking system, while P2P payments send money directly.

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