Types of Payments
You get this for a friend for their birthday, so they can buy what they want.
What is a gift card?
A voucher providing a discount for a particular item when purchased.
What is a coupon?
What is a checking account?
Money kept for every day expenses.
A reloadable card that allows you to load money and purchase items.
What is a prepaid card?
A deduction from the usual cost of something.
What is a discount?
A request for your bank to pay another party from funds in your account.
What is a check?
You forget your wallet but still have your phone on you, so you pay with this.
What is a mobile wallet?
Melissa walks into a coffee shop and sees a sign: All black coffees and muffins 10% off! She spends this much when she buys one $12 blueberry muffin and one $20 black coffee.
What is $3.20?
A card connected to a checking account.
What is a debit card?
You are having dinner with friends when the check comes. One friend pays, and you pay them back with this.
What is a peer-to-peer app?
An opportunity that encourages you to buy a specific item.
What is a promotion?
A type of bank account designed for saving money that you don't plan to spend right away
What is a savings account?
If you don’t want to carry cash and lack a bank account, getting a ________ is a good option.
What is a Prepaid card?
Carrie used the pizza store’s loyal customer app, and she earned a reward worth $2 off her next purchase. Knowing she goes there often, her grandpa clipped a “Save 15%” coupon” from the newspaper and gave it to Carrie. If her pizza purchase is $7.50 and the store will only let her use one discount, she chose this one because it lowered the amount more.
What is her grandpa's discount?
-save money
-gain information
-peace of mind
what are the advantages of comparison shopping?