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 6th-8th Grades and align with Peer-to-Peer Payments
FM2.c.m: Differentiate how positive and negative external influences (e.g., peers or marketing) impact financial decisions in a society with frictionless transactions (e.g., pre-stored payment information, no signature required, or biometrics).
MM2.b.m: Compare features of digital banking in online banking, bill pay, transfers, and checking account transactions. Compare the use of cash, debit cards, credit cards, checks, and other modern forms of payment. Determine how pre-authorized payments impact account balances. Recognize the importance of retaining records of financial transactions.
MM2.c.m: Analyze online and mobile systems or applications that permit consumers to acquire items or transfer money.