Peer-to-Peer Payments

Peer-to-Peer Payments

Article • 15 min of learning

Here's how Peer-to-Peer Payments aligns with curriculum standards in Wisconsin. Use the filters to change the location, set of standards, and grade level.

Standards
Defined by Standards for Personal Financial Literacy 9th-12th Grades and align with Peer-to-Peer Payments
MM2.b.h: Assess the advantages and disadvantages of digital banking (e.g., online banking, bill pay, transfers, or checking account transactions). Summarize the tax and legal implications that require you to maintain personal records of significant financial transactions.
MM2.c.h: Compare online and mobile systems or applications used as a means of alternative currency.
FM1.a.h: Summarize consumer rights, responsibilities, protections, and consumer vigilance (e.g., contesting incorrect billing or registering a consumer complaint). Analyze and apply multiple sources of information when making consumer decisions (e.g., advertisements, reviews, interest rates, applicable fees, consumer movements, or choice). Analyze the financial impact of advertising including techniques, potential for deception along with the influence of promotions, packaging, and placement.