Gen Z uses these payment apps the most, so you might have some inside information on which is most popular.
Answer: From data.ai (10/17/22)
Questions:
- Why do you think these person-to-person apps are so popular (top 3 on the list)? When do you think people find these apps most useful?
- Do you have any finance apps on your phone? Why or why not?
- What do you think are the most important criteria in choosing which finance apps to use?
Here are the ready-to-go slides for this Question of the Day that you can use in your classroom.
Behind the numbers (Pew Research):
When asked what motivates them to use these sites or apps, users most frequently point to ease. Roughly six-in-ten Americans who have ever used PayPal, Venmo, Zelle or Cash App (61%) say a major reason for doing so is because it makes paying for things easier.
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Let’s teach our students about the rise of peer to peer payment apps with the FinCap Friday: Peer-to-Peer Apps Go Head-to-Head
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About
the Author
Mason Butts
After graduating from UCLA with a Master’s in Education, Mason spent 5 years as a science educator in a South Los Angeles public high school. He is committed to supporting the holistic growth of all students and empowering them to live a life of relational, academic, and financial success. Now settled in the Bay Area, Mason enjoys facilitating professional developments and partnering with educators as they prepare students for a bright financial future. When Mason is not building curriculum or planning a training, he can be found cycling, trying new foods, and exploring the outdoors.