Going cashless?
1. Discuss the questions.
• Do you prefer to pay with cash or card?
• Do you use payment apps on your phone?
• How do you prefer to pay for things online?
2. Complete the sentences with the words in the box.
branch charges contactless deposit piggy
overdraft tap teller withdraw
a) ………… banks are a great tool for teaching children about the value of money
and saving.
b) I used to work in a local ………… of a large bank on High Street
c) A ………… is a bank employee who deals directly with customers. In some
places, this employee is known as a cashier.
d) I paid off my ………… as soon as I got my salary.
e) If you’re ready to pay, you need to ………… your card here.
f) This credit card allows you to ………… up to £200 a day from any ATM.
g) Visa launched its first ………… card in June 2005 and people started paying
without using their PINs.
h) There are very high bank ………… for this sort of account.
i) People ………… billions of dollars in banks every single day.
3. Look at the pictures below and discuss how money and payment methods
have changed over the years.
Copyrights by ESL Brains
Licensed to Alina Radoi (203656)
Going cashless?
4. Choose one payment method, think about its pros and cons, and present
them to your partner. Consider aspects such as: • convenience
• control
cash cheques credit card
• security
mobile payments online payments
• speed
• cost
PROS CONS
5. Match the words in bold with the correct meanings below.
a) VHS tapes have been relics for almost 20 years as we moved to DVDs at the
beginning of this century.
b) Carrying huge amounts of cash is pretty cumbersome and almost nobody
does it any longer as a credit card is just much more convenient.
c) The only downside of working here is that it is so far from my home.
d) Nowadays, personal information is very often harvested from social networks.
e) When someone posts your photo without asking your permission, it is a
breach of your personal rights.
f) Fewer and fewer people used savings accounts, so the bank decided to
phase out this service at the end of this year.
g) Some older people are more vulnerable to cyber-attacks, because they don’t
know how the Internet works exactly.
MEANINGS:
1) a disadvantage or problem
2) able to be easily hurt, influenced, or attacked
3) an object from the past that has no modern use
4) a failure to follow a law or rule
5) remove or stop using something gradually
6) collect large quantities of information
7) not simple, fast, or effective enough and difficult or annoying to use
Copyrights by ESL Brains
Licensed to Alina Radoi (203656)
Going cashless?
6. Watch the video [[Link] and answer the following
questions.
a) Why is cash problematic for both banks and consumers?
……………………………………………………………………………………….
……………………………………………………………………………………….
b) What are the downsides of cashless payments?
….…………………………………………………………………………………….
………………………………………………………………………………………..
c) What does 80% refer to in the video?
….…………………………………………………………………………………….
………………………………………………………………………………………..
d) What are the potential problems caused by going cashless?
…….…………………………………………………………………………………..
…………………………………………………………………………………………
e) What do central banks do to control money?
….……………………………………………………………………………………..
…………………………………………………………………………………………
7. Discuss the questions.
• Do you think that cash is cumbersome? Why/Why not?
• Do you prefer cash or digital payments? Why?
• Would you miss cash once it’s gone?
• Do you think a cashless society is safer? What are its downsides?
• To what extent has your country already gone cashless?
• Is it inevitable that cash will phase out?
• How can we make sure that there are no people left behind when we go
completely cashless?
Copyrights by ESL Brains
Licensed to Alina Radoi (203656)
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