1. As more markets ramp up migration to EMV cards:

a. we will see an increase in fraud until the move to chip is complete

b. the most common type of fraud will be counterfeit cards until then

c. not much, if any impact to card fraud

d. b & c

e. a & b

2. Anonymous e-money works just like real paper cash. Once anonymous e-money is withdrawn from an account, it can be spent or given away without leaving a transaction trail.

True or False

3. A critical piece for alternative payments such as ApplePay, PayPal, GooglePay to be successful is the ability for merchants to accept that payment at their terminals and online.

True or False