📊 GMAT Exam Prep

A startup is considering two payment processing services: 'FastPay' and 'SecureTrans.' FastPay: Lower transaction fees, but slower settlement times (3 business days), and limited international currency support. SecureTrans: Higher transaction fees, but instant settlement, and extensive international currency support. For each objective, choose the service that best meets it.

A Objective 1: Maximize immediate cash flow; Objective 2: Minimize overall transaction costs
B Objective 1: Maximize immediate cash flow; Objective 2: Maximize international market reach
C Objective 1: Minimize overall transaction costs; Objective 2: Maximize international market reach
D Objective 1: Maximize international market reach; Objective 2: Maximize immediate cash flow

✓ Correct Answer: Option C

For 'Minimize overall transaction costs,' FastPay is better. For 'Maximize international market reach,' SecureTrans is better. The task is to pair the correct service for each objective.

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