Which statement describes a P2P app benefit when linked to a bank account?

Which statement describes a P2P app benefit when linked to a bank account?

• A. Generally free services when linked to a bank account
• B. Requires physical cards for transfers
• C. No security risk
• D. Limited merchant acceptance

Answer: (A)

Linking a bank account to a P2P app mainly lowers the cost of moving money. When you fund transfers from your bank account, you typically avoid the card-processing fees that come with using a credit or debit card, so standard transfers are often free or much cheaper. That makes this benefit a consistent and practical advantage of linking a bank account. The other statements don’t fit as well: you don’t need physical cards for transfers since the process is electronic; there is always some security risk, so saying there’s no risk isn’t accurate; and merchant acceptance isn’t guaranteed or universally tied to whether a bank account is linked.

Linking a bank account to a P2P app mainly lowers the cost of moving money. When you fund transfers from your bank account, you typically avoid the card-processing fees that come with using a credit or debit card, so standard transfers are often free or much cheaper. That makes this benefit a consistent and practical advantage of linking a bank account. The other statements don’t fit as well: you don’t need physical cards for transfers since the process is electronic; there is always some security risk, so saying there’s no risk isn’t accurate; and merchant acceptance isn’t guaranteed or universally tied to whether a bank account is linked.