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💳 Digital Banking • 20 Mins - B2 Level

Cashless Payments & Digital Banking

Learn 10 useful words for paying, banking and staying safe online.

Vocabulary Pronunciation

📋 How to use this lesson

🧑‍🏫 For the teacher

Spend 5 minutes presenting the 10 words with the memory tips, then let students complete the 16 practice tasks in about 10 minutes.

Use the automated instant feedback to spot tricky words, then spend the final 5 minutes listening to students record their shadowing items.

🎒 For the learner

First, study the 10 words in the tables below and read each example sentence aloud once.

Next, complete the 16 practice challenges, and finish by tapping each speaker icon to listen and record your own voice in the Shadowing section.

1 Word Table

Review the meaning, common partnerships, realistic sentences, and quick memory tricks for each word.

Theme 1: Ways to pay

Word	Meaning	Common collocations	Example sentence	Memory tip
contactless 🔊	Paying by tapping a card or phone without touching or entering a PIN.	contactless payment, contactless card, go contactless	"I always use contactless payment because it is much faster."	Contact + less = no physical touch needed to pay.
wallet 🔊	An app on your phone that safely stores your payment cards and passes.	digital wallet, mobile wallet, open your wallet	"She added her debit card to her digital wallet on her phone."	Picture: Your old leather wallet moved directly inside your screen.
terminal 🔊	The small electronic machine at a shop counter where you tap or insert your card.	payment terminal, card terminal, tap the terminal	"Please hold your card close to the terminal until it bleeps."	Terminal = end station. The machine is where money completes its journey.
currency 🔊	The specific system of money used in a particular country or digital network.	foreign currency, local currency, digital currency	"You can exchange currency or pay in euros using your banking app."	Current: Like a flowing river of money moving between people.

Theme 2: Banking

Word	Meaning	Common collocations	Example sentence	Memory tip
transaction 🔊	An act of paying, buying, or transferring money between accounts.	bank transaction, complete a transaction, transaction fee	"Every online transaction appears in your banking app immediately."	Trans + action = an action that sends money across accounts.
withdraw 🔊	To take money out of a bank account or cash machine.	withdraw cash, withdraw funds, withdraw money	"I need to withdraw fifty dollars from the cash machine."	With + draw = pull money back into your hand.
balance 🔊	The total amount of money available in your bank account right now.	account balance, check your balance, remaining balance	"Log in to check your account balance before sending the payment."	Scales: Balancing money coming in versus money going out.

Theme 3: Staying safe

Word	Meaning	Common collocations	Example sentence	Memory tip
fraud 🔊	The crime of cheating someone to steal their money or personal information.	online fraud, detect fraud, report fraud	"Banks use smart software to detect fraud and freeze suspicious cards."	Sounds like "flawed": A dishonest, flawed act to take your money.
encrypted 🔊	Protected by converting information into a secret digital code.	encrypted data, fully encrypted, encrypted connection	"Your credit card details are encrypted before they travel over the internet."	Crypt = hidden vault. Your data is locked in a secret digital vault.
phishing 🔊	Sending fake emails or messages to trick people into revealing secret passwords.	phishing email, phishing scam, fall for phishing	"Never click links in odd text messages; it might be a phishing attack."	Sounds like fishing: Criminals drop fake bait to hook your passwords.

2 Practice

16 interactive exercises from quick pairings to full sentence formation. Every word appears at least twice.

Part A: Collocation Matrix

Items 1–4

Match each action verb to the noun it naturally partners with in banking and payments.

Verb

transaction

cash

terminal

fraud

1. tap the...

____ transaction ____ cash ____ terminal ____ fraud

2. report suspected...

____ transaction ____ cash ____ terminal ____ fraud

3. withdraw...

____ transaction ____ cash ____ terminal ____ fraud

4. complete a...

____ transaction ____ cash ____ terminal ____ fraud

Part B: Gap-fills with Word Bank

Items 5–8

Choose the right word from the bank and type it into the blank space.

Word Bank: balance contactless wallet encrypted

Dialogue A:
"I left my physical cards at home!"
"No problem, you can still pay with the digital ___ on your smartphone."

Your answer: ____

Security Notice:
"Your login password and card numbers are fully ___ so hackers cannot read them."

Your answer: ____

Dialogue B:
"Can I afford dinner at that restaurant?"
"Open your app and check your account ___ first."

Your answer: ____

At the Coffee Shop:
"Do you take cash?"
"We prefer ___ payments; just tap your card right here."

Your answer: ____

Part C: Choose the Word

Items 9–12

Every option creates grammatically correct English, but only one option makes realistic sense.

9. The email looked like an official bank alert, but security staff confirmed it was just a ___ attempt.

____ a. wallet ____ b. currency ____ c. phishing

10. When the market stall lost internet power, customers could no longer tap their cards on the ___.

____ a. balance ____ b. terminal ____ c. fraud

11. Because my phone screen was cracked, I had to use a physical ___ card at the grocery checkout.

____ a. contactless ____ b. encrypted ____ c. fraud

12. Before travelling to Japan, Marco used his banking app to buy local ___ at a fair exchange rate.

____ a. transaction ____ b. phishing ____ c. currency

Part D: Sentence Building

Items 13–16

Arrange the given word chunks in the correct order to form a natural, complete sentence.

13. Chunks to put in order:

tap your card on the payment terminal for contactless payment you can

Type the complete sentence below: ____

14. Chunks to put in order:

in your digital wallet all payment cards are fully encrypted

Type the complete sentence below: ____

15. Chunks to put in order:

to prevent fraud our bank monitors every online transaction

Type the complete sentence below: ____

16. Chunks to put in order:

check your balance before you withdraw cash from the machine please

Type the complete sentence below: ____

3 Shadowing

Tap the speaker to hear natural speed and rhythm, then record your voice. Follow the 12 items: 4 key collocations, 6 short conversational sentences, and 2 focus words.

🗣️ 4 Common Collocations

Collocation 1 🔊 Listen

contactless payment

[Bài tập luyện nói]

____

Collocation 2 🔊 Listen

digital wallet

[Bài tập luyện nói]

____

Collocation 3 🔊 Listen

phishing scam

[Bài tập luyện nói]

____

Collocation 4 🔊 Listen

account balance

[Bài tập luyện nói]

____

💬 6 Real-World Sentences

Short natural sentences (max 12 words, easy-to-medium everyday vocabulary).

"You can tap your card on the terminal now."

🔊 Listen

[Bài tập luyện nói]

____

"I need to check my account balance before lunch."

🔊 Listen

[Bài tập luyện nói]

____

"Please do not click links in strange emails."

🔊 Listen

[Bài tập luyện nói]

____

"All your payment data is fully encrypted here."

🔊 Listen

[Bài tập luyện nói]

____

"She had to withdraw money for the bus fare."

🔊 Listen

[Bài tập luyện nói]

____

"Our bank will quickly block any suspected fraud."

🔊 Listen

[Bài tập luyện nói]

____

🎯 2 Key Focus Words

Pay close attention to syllable division and main stress before recording.

Key Word 1 🔊 Listen

transaction

/trænˈzæk.ʃən/ • Stress on second syllable: tran-ZAC-tion

[Bài tập luyện nói]

____

Key Word 2 🔊 Listen

currency

/ˈkʌr.ən.si/ • Stress on first syllable: CUR-ren-cy

[Bài tập luyện nói]

____

Vocabulary: Cashless Payments and Digital Banking

Cashless Payments & Digital Banking

📋 How to use this lesson

🧑‍🏫 For the teacher

🎒 For the learner

1 Word Table

2 Practice

Part A: Collocation Matrix

Part B: Gap-fills with Word Bank

Part C: Choose the Word

Part D: Sentence Building

3 Shadowing

🗣️ 4 Common Collocations

💬 6 Real-World Sentences

🎯 2 Key Focus Words

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