In a credit card purchase transaction at a physical point of sale location, once the card information is captured, the transaction is authorized by the card holder biller merchant card issuer Question 25 ( 2 points) have had the greatest impact on the increased use of credit cards over the last ten years. Status Rewards-based loyalty programs Information security Convenience Question 26 ( 2 points) have historically been allowed only in card-present environments. Signature debit card Card-present transactions ACH PIN debit transactions State-chartered banks must be regulated by federal banking authorities. True False Question 28 ( 2 points) payments system operators can be thought of as both networks and processors. Closed loop NACHA Open loop Merchant Question 29 ( 2 points) BNPL is a(n) another form of a credit card revolving loan non-revolving loan installment loan