👋 Hi there!

Please take a few minutes to answer the following questions. This is not a test and you won't receive a grade.
The goal is to help you see where you are now and understand what you already know before and after this course.
Your answers will help guide your learning and help you see your progress!

1. You use your phone to pay a bill instead of going to a bank branch. What makes this a digital financial service?

It uses cash to complete the paymentIt always requires internet accessIt is done through a digital tool like a phoneIt is only available after office hours

2. You want to keep part of your money safe to use next month. Which digital financial service best fits this need?

Storing or saving moneySending moneyPaying for goodsWithdrawing cash

3. After sending money using your phone, you receive a confirmation message. What does this show?

The transaction is reliable and completedThe service is free to useThe money cannot be withdrawnThe message replaces the need to check details

4. Two services offer similar features. One works on basic phones and has nearby agents, while the other requires a smartphone and internet access. Why might the first service be used more often?

It has more advanced featuresIt is easier to access for more peopleIt requires more steps to completeIt is only used by businesses

5. A person receives their salary on their phone and can withdraw cash from a nearby agent when needed. What does this show about digital financial services?

They completely replace cashThey only work in citiesThey do not require any confirmationThey can be used together with cash depending on the situation