Forms Of Payment

Tori is dining out with some friends. The restaurant cannot split the bill. Tori offers to pay for the entire meal, and her friends will pay her back. Which payment type(s) can her friends use to pay her back?

• Mobile Wallet

• P2P app like Zelle or Venmo

Laura does not have a bank account and wants a safe option to store her money so she doesn’t have to walk around with a lot of cash everywhere. She usually spends money on groceries and other essentials. Which payment type(s) can she use to meet her needs?​ (a)  

• Pre-Paid Debit Card
• Mobile Wallet

Mason wants to buy his nephew something for his birthday, but he isn’t sure what to get him. Mason Can get his nephew a

(a)  

• gift card
• P2P app lake Zelle

Leo​ is at the local antique market and finds something he wants to buy for his room. He offers to buy it with a $50 bill but the vendor doesn’t have any change. Which payment type(s) can Tim use to pay the vendor? ​ (a)  

• Gift Card
• Mobile Wallet

John is at a grocery store and realizes he forgot his wallet at home. Which payment type(s) can he use to pay for his groceries?

• Mobile Wallet

• P2P

Match the forms of payment with the definitions.

• P2P

• A card that you can load money onto and use to purchase items. You can reload the card as well. Has an activation fee.

• Mobile Wallet

• Has a specific amount of money you can use at certain stores. You can also have a digital, or e-gift, card. 

  
  

• Pre-paid Debit Cards

•  App on your smartphone that allows you to store your debit and credit card information, coupons, and more. You can then pull up the app when paying for items instead of using the physical cards, coupons, etc

• Gift Card

• Payment apps allow you to send money to other people through an app on your smartphone or other device. 

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Ava is at CPK and realizes she left her credit card at home. Which payment type(s) can she use to pay for her meal?

• Mobile Wallet

• P2P

Yarel is at a garage sale and wants to buy a used bicycle. The seller only accepts digital payments. Which payment type(s) can Yarel not use to pay for the bicycle?

• Cash

• Mobile Wallet like Apple Pay or Google Pay

Tags

CCSS.RI.11-12.4

CCSS.RI.7.4

CCSS.RI.8.4

CCSS.RI.9-10.4

CCSS.RI.9-10.4

Nick is at a grocery store and realizes he forgot his wallet at home. Which payment type(s) can he use to pay for his groceries?

• Mobile Wallet

• P2P

Erik is at a fast-food restaurant and wants to buy a hamburger. The seller only accepts cash. Which payment type(s) can he not use to pay for the food?

• Mobile Wallet

• P2P app like Zelle or Venmo