Question: Money transfer apps generate revenue from fees and float. Float is defined as The amount charged for the immediate transfer of funds The ability to

Money transfer apps generate revenue from fees and float. Float is defined as The amount charged for the immediate transfer of funds The ability to allow overseas transactions () The amount generated by delaying the transfer of funds ) The fee charged for transactions between linked banks accounts

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!