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Understanding Cash App and Venmo

Understanding Cash App and Venmo

Assessment

Interactive Video

Business

9th - 10th Grade

Practice Problem

Hard

Created by

Jennifer Brown

FREE Resource

5 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which app had a slightly higher number of monthly active users by the end of 2024?

Cash App

Zelle

Venmo

PayPal

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What unique feature does Cash App offer that gives it an edge in cryptocurrency trading?

Litecoin trading

Bitcoin trading

Dogecoin trading

Ethereum trading

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Cash App's customer support differ from Venmo's?

Venmo offers phone support

Cash App offers only email support

Cash App offers phone support

Venmo offers in-app help

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the fee percentage for an instant transfer in these apps?

1.5%

2.0%

1.0%

2.5%

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a financial benefit of transferring money from the app wallet to a bank account?

Increasing app balance

Collecting interest

Avoiding all fees

Gaining rewards

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