Unit 2 - E-Wallet Vocabulary

What does a QR code typically store?

• Audio files

• Text documents

• URLs

• Images

What does the verb 'deduct' mean?

• To divide an amount

• To multiply an amount

• To subtract an amount

• To add an amount

What is an e-wallet used for?

• Storing physical cash

• Transferring stocks

• Writing checks

• Transactions made online

What does 'fumbling' refer to?

• Doing something skillfully

• Doing something quickly

• Doing something quietly

• Doing something awkwardly

What are e-payments?

• Payments made through barter

• Payments made in cash

• Payments made electronically

• Payments made via checks

What does 'siphoned off' mean?

• To save money

• To invest money wisely

• To donate money

• To take money dishonestly

What is the primary function of e-commerce platforms?

• To facilitate buying and selling online

• To provide physical stores

• To create advertisements

• To manage personal finances

What does it mean to 'flinch'?

• To speak softly

• To laugh loudly

• To make a quick movement

• To stand still

What does 'cash-based' refer to?

• Investments involving real estate

• Investments involving money

• Investments involving shares

• Investments involving bonds

What does 'cashless' mean?

• Using checks

• Using barter systems

• Using only coins

• Using credit and debit cards