WRAP-UP GAME | CASHLESS SOCIETY

What is CASHLESS meaning?

• not having or involving cash

• a type of money that is completely virtual

• a worldwide system of computer networks

• the activity of managing the money in your bank accounts

We use ... instead of the magnetic card.

• Chip and PIN card

• Smart Chip card

• EMV card

• All are correct

Which is NOT one of the benefits of cashless society?

• Less Crime

• Accepted everywhere

• Less resources wasted on money production

• International Payments Become Much Easier

"Digital" means

• recording or storing information as a series of the numbers 1 and 0, to show that a signal is present or absent

• using cash for payment

• involving physical work rather than mental work

• All are correct

Which is the reduced percentage of Crime Rate in Missouri as the state replaced cash welfare benefits with EBT cards?

• 9.8%

• 10.8%

• 11.8%

• 12.8%

Which country in favour of cash the most in the Europe?

• UK

• Sweden

• Paris

• Germany

"Transaction" means

• the movement of people or goods from one place to another

• the money that is used in a particular country at a particular time

• an occasion when someone buys or sells something, or when money is exchanged or the activity of buying or selling something

• a complete change in the appearance or character of something or someone

Why the trend to go cashless society in the US doesn't show remarkable increase?

• Because it doesn't have enough facility to go digital

• Because the government want to keep this trend under control

• Because the Banking system in the US is not well-developed

• Because the citizens prefer money as a form of payment

What invention was invented in 2009?

• PayPal

• Bitcoin

• E-wallets

• Credit Cards

"Cybersecurity" means

• the methods for using scientific discoveries for practical purposes

• created by computer technology and appearing to exist but not existing in the physical world :

• things that are done to protect a person, organization, or country and their computer information against crime or attacks carried out using the internet

• None of them is correct