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Peer-to-Peer Payments

Peer-to-Peer Payments

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

Saving and Investing

Knowledge Standards

SI.K.2: Identify the intricacies and risks of mobile payment accounts, stock trading applications and cryptocurrency accounts that are not federally insured.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Peer-to-Peer Payments
Students will recognize the attributes of mobile payment accounts, stock trading apps and cryptocurrency accounts.
Students will describe why mobile payment accounts and cryptocurrency accounts are not federally insured.
Students will identify the impact of storing money in a mobile payment account on an individual's ability to grow savings.

Spending

Skills Standards

SP.S.2: Analyze the various forms of payment an individual can utilize for expenditures.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Peer-to-Peer Payments
Students will distinguish between different forms and functions of payment, including cash, check, cashier's check, debit card, credit card, money orders and electronic payments.

Managing Risk

Knowledge Standards

MR.K.5: Assess ways to secure online transactions and safeguard personal documents from privacy infringement, identity theft and fraud.

Standards
Defined by Financial Literacy Standards 9th-12th Grades and align with Peer-to-Peer Payments
Students will examine strategies to reduce the risk of identity theft and financial fraud.
Students will identify examples of how online behavior, email and text-message scams, telemarketers and other methods make consumers vulnerable to privacy infringement, identity theft and fraud.