1.3.3 Study: Digital Assets and Online Payment Study Guide

Methods
Personal Financial Literacy
Name:  
Date:  

Use this guide to take notes as you work through the activity. Taking good notes can
help you remember important ideas. Your notes on this guide will help you prepare
for quizzes and tests.

1. What is a digital payment?

2. Give two examples of digital payments.

3. How are debit cards different from credit cards?

4. What is a digital wallet, and how does it work?

1.3.3 Study: Digital Assets and Online Payment Methods 1/4

Copyright © 2022 Apex Learning Inc. Use of this material is subject to Apex Learning's Terms of Use. Any unauthorized
copying, reuse, or redistribution is prohibited.
5. Describe two examples of digital assets.

6. What are three benefits of digital payments?

7. Describe three potential drawbacks of digital payment.

8. Bitcoin is an example of _______________, which is a digital payment based on

_______________.

Key Terms

Use this table to write definitions for the key terms from this activity in your own
words. If you're confident you know a term, put a check mark next to it, and move
on.

1.3.3 Study: Digital Assets and Online Payment Methods 2/4

Copyright © 2022 Apex Learning Inc. Use of this material is subject to Apex Learning's Terms of Use. Any unauthorized
copying, reuse, or redistribution is prohibited.
 Key Term Definition

biometric  
authentication

blockchain  

credit  

cryptocurrency  

debt  

digital asset  

digital payment  

medium of exchange  

QR code  

If you noticed other unfamiliar terms in this activity, use the blank rows to list them
and their definitions.

   

   

   

I have answered all the questions on the study guide and feel confident that I
understand the main ideas of the sections. I'm ready to move on!

1.3.3 Study: Digital Assets and Online Payment Methods 3/4

Copyright © 2022 Apex Learning Inc. Use of this material is subject to Apex Learning's Terms of Use. Any unauthorized
copying, reuse, or redistribution is prohibited.
Copyright © 2022 Apex Learning Inc. Use of this material is subject to Apex Learning's Terms of Use. Any unauthorized

copying, reuse, or redistribution is prohibited. Apex Learning ® and the Apex Learning Logo are registered trademarks of

Apex Learning Inc.

1.3.3 Study: Digital Assets and Online Payment Methods 4/4

Copyright © 2022 Apex Learning Inc. Use of this material is subject to Apex Learning's Terms of Use. Any unauthorized
copying, reuse, or redistribution is prohibited.