In at least 150 words per answer of question as they are seen below. Make sure all answers are cited properly and plagirizm free as it will be submitted through the special system.
1- Name the three major paper-based payment mechanisms and explain each.
2- Do you think paper payments will disappear in the near future in the United States? Support your opinion.
3- List and define the three major electronic-based payments, giving the usage occasions, advantages, and disadvantages of each
4- What is the objective companies attempt to achieve when managing bank relations?