MoneyWise Digital Money 01 Who am I? 02 s m i A a To look - - PowerPoint PPT Presentation

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MoneyWise

Digital Money

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Who am I?

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A i m s

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To look at the growing variety of ways to pay for things

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To understand how to keep your money and yourself safe when paying electronically

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Ways to pay

Once we only had

Notes and coins Payment cards Cheques Vouchers & Gift Cards

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Now we’ve got

Contactless Mobile Phones Computers Tablets Bitcoin Apps / paym

Ways to pay

What are some of the advantages and disadvantages about the new electronic ways

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Advantages

n Quick and easy n Available all day, everyday n

Can be used anywhere there is an internet connection

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Often better rates for online accounts

Disadvantages

n Concerns around online safety n

Dealing with technology not a person could afgect customer service

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Relies on good internet connections, websites can crash

The most important thing is the security levels of difgerent payment methods.

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What do you think the future holds?

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Phishing is an online con trick. A scam is a con trick when someone tries to fool you into giving them money. Your personal details are your name, age, address, bank details and online passwords. Identity (or ID) theft is when someone steals your personal information and pretends to be you

I d e n t i t y T h e f t

Key Words

“The big thing to watch out for is phishing . It’s a type of scam when other people try to hack into your personal details , steal your online identity and get hold of your money. It’s called identity theft .”

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I d e n t i t y T h e f t

How it’s done

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Accessing your details from your computer when you are using the internet, this is called hacking.

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Going through your mail or even your rubbish looking for personal documents

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Contacting you by letter, phone or email, pretending to be an offjcial and asking for your personal details

n Watching you use your PIN or password

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Good PIN

Bad PIN?

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n Your birthday

e.g. 2711 (27th November)

n Your birth year

e.g. 2007

n Your house number

e.g. 3838 (if you live at No. 38)

n Part of your phone number

e.g. 0172

n Sequence / reverse sequence

e.g. 4567 / 7654

n Repeat / double repeat

e.g. 5555 / 9292

What about 2580?

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G

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P a s s w

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B a d P a s s w

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AAAAAAAA ARSENAL Arsenal LENSARA ARSENAL719 ArSenAL719

ArS*nA!719

Bad Better Fair Good Very Good Excellent

Superb!

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Be Safe

1. Keep your personal information safe

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Don’t put personal information online

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Never give personal information to

• ther people

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Don’t throw letters or documents in the bin – shred it

• 2. Keep passwords and PINs safe

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Make sure no-one is watching or can overhear when you use your PIN

• r passwords

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Never tell anyone your PIN or passwords

• r write them down
• 3. Keep your online shopping safe

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If you’re buying online check the site is secure

Now you know how to keep your money and your identity safe, create a poster to encourage others to be safe too.

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O v e r t

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What is one new thing you have learned today that you did not know before?

W r a p u p

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