Faiz would like to illustrate the commission savings delivered by a payment app compared with a credit card. He decides to use a company that has a monthly sales volume of $50,000 delivered over 100 equal transactions. From the information available, what is the difference between the payment app with the lowest charge, compared with a credit card charge?

A) $575

B) $1200

C) $1050

D) $480

E) $1237

Question 9 of 24: Faiz would like to illustrate the commission savings delivered by a payment app compared with a credit card. He decides to use a company that has a monthly sales volume of $50,000 delivered over 100 equal transactions. From the information available, what is the difference between the payment app with the lowest charge, compared with a credit card charge? Source A. Company Profile: Instant Wallet Instant Wallet is a payment app that supports peer-to-peer payments and commercial transaction across all countries and currencies. The market share in the UK is 17.4%. It only takes around 8 hours for a business to register to use Instant Wallet and set up the application within their own website. Consumers can create an account in about 10 minutes, by providing their name, personal details, security information and bank details. Fee structure: Fees are charged per transaction, and the fee per transaction depends on the total monthly sales, Monthly Sales Volume Fee (per transaction) $50,000 by request Question 9 of 24: Faiz would like to illustrate the commission savings delivered by a payment app compared with a credit card. He decides to use a company that has a monthly sales volume of $50,000 delivered over 100 equal transactions. From the information available, what is the difference between the payment app with the lowest charge, compared with a credit card charge? Source A. Company Profile: Instant Wallet Instant Wallet is a payment app that supports peer-to-peer payments and commercial transaction across all countries and currencies. The market share in the UK is 17.4%. It only takes around 8 hours for a business to register to use Instant Wallet and set up the application within their own website. Consumers can create an account in about 10 minutes, by providing their name, personal details, security information and bank details. Fee structure: Fees are charged per transaction, and the fee per transaction depends on the total monthly sales, Monthly Sales Volume Fee (per transaction) $50,000 by request