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Digital Finance Revolution
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Digital Finance Revolution
💳 Part 1: Digital Payment Methods
1. Which of these is NOT a digital payment method?
Contactless cardsPayPalCashApple Pay
2. What does 'contactless payment' mean?
Paying without touching moneyUsing a card without entering a PINPaying online without a passwordUsing cryptocurrency
3. Which digital finance technologies are commonly used by teenagers? (Tick all that apply)
Mobile banking appsContactless paymentsOnline shoppingCryptocurrency trading
4. The maximum contactless payment limit in the UK is currently:
£30£45£100£200
🔒 Part 2: Security and Impact
5. List TWO advantages of digital payments for businesses:
6. Explain one security risk of using digital payment methods:
7. How has digital finance changed the way people shop? Give ONE example:
8. Complete the sentence:
Online banking allows customers to _________________ without visiting a physical bank branch.
🚀 Part 3: Future of Finance
9. What is cryptocurrency?
A type of credit cardDigital money that exists only onlineA mobile banking appA contactless payment system
10. Explain how digital finance might affect cash usage in the future:
Extension Activity: Research and describe one emerging financial technology (FinTech) that could change how we use money in the next 10 years:
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