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______are payment instruments that can be used to purchase goods and services at any card-accepting POS terminals.

  • A.Closed System Payment Instruments
  • B.Semi-closed System Payment Instruments
  • C.Open System Payment Instruments
  • D.Semi-Open System Payment Instruments

Answer: D

Correct answer: Semi-Open System Payment Instruments

Semi-open instruments can be used to buy goods and services at any card-accepting POS terminal, but not to withdraw cash. That single restriction is what separates them from open system instruments, which allow cash withdrawal as well.

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