Lesson
Using P2P Payment Apps
Summary
P2P transfers are instant and irreversible—send $50 to the wrong John Smith and it's gone. This lesson explores how apps like Venmo and Cash App work, why they aren't banks, and how to dodge the scams that thrive on them.
Bellringer: The Wrong John Smith
- Pose the accidental $50 transfer scenario.
- Let students guess how to reverse it, then reveal: usually you can't.
Instruction
- Define P2P and walk through common apps.
- Stress that P2P balances are NOT FDIC-insured.
- Cover app-use and phone-defense best practices.
Activity: Banking Game, Vocab & Posttest
- Students finish the Banking game if needed.
- Complete Banking Vocab and Posttest.
Discussion: Which App, Which Scam?
- Work through the pay-scenario slides in pairs.
- Flag red flags (deposits to strangers, romance pleas) as a class.
Wrap-Up & Assessment
- List 2 P2P payment apps and how you'd use each.
- How will you defend against scams involving P2P apps?
| Est. Time | Activity | Description |
|---|---|---|
| 6 min | Bellringer: The Wrong John Smith |
|
| 10 min | Instruction |
|
| 15 min | Activity: Banking Game, Vocab & Posttest |
|
| 10 min | Discussion: Which App, Which Scam? |
|
| 4 min | Wrap-Up & Assessment |
|
Lesson Prep
Banking
Students run a small financial institution and learn about accounts, interest, and loans.
Banking Vocab
Review the vocab terms from Banking.
Banking Posttest
Assess student learning after completing the Banking game.
Class Presentation
Includes a 22-slide deck with teacher notes. Present from Banzai, download a PDF, or copy it to Google Slides.
Presentations, Ready to Go
- Built-in PresentationPresent full screen, straight from Banzai
- Copy to Google SlidesMake an editable copy for your class
- Download or PrintSave as a PDF or print
- Teacher NotesSlide-by-slide guidance, printable as one handout
Unit 5: Banking & Account Management
How CDs & Share Certificates Work
Locking your money away can actually pay you more than keeping it handy. This lesson explores how CDs and share certificates trade liquidity for higher interest, plus the difference between simple and compound growth.
The Cost of Banking
A $2 soda can cost $37 when you don't track your account balance. This lesson covers common banking fees, the difference between online balances and account statements, and how to reconcile accounts to avoid costly surprises.
Using P2P Payment Apps
P2P transfers are instant and irreversible—send $50 to the wrong John Smith and it's gone. This lesson explores how apps like Venmo and Cash App work, why they aren't banks, and how to dodge the scams that thrive on them.
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