Module MCM.2.3: Payment Methods

Standard: EPF.MCM.2.3

Objective: Compare different payment methods and their advantages/disadvantages.

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Lesson Overview

• Identify payment methods (cash, check, debit, credit, digital)
• Discuss security and convenience factors
• Analyze costs and risks

Teacher Notes

• Use real payment tools (cards, apps)
• Relate to students' experiences
• Discuss fraud prevention

Activities

• Payment method comparison chart
• Scenario analysis: Choosing the best method
• Guest speaker: Fraud prevention expert

Assessment

• Quiz on payment methods
• Written analysis of a payment scenario

Resources

• NC DPI EPF Standards
• Consumer protection resources