Cashless Society

123456789101112131415161718
Across
  1. 3. A card that allows you to spend money directly from your bank account.
  2. 5. The action taken when one changes money from one currency to another.
  3. 7. One of the advantages of a cashless society is lower ____ rates, as criminals can't easily steal physical money.
  4. 9. When systems fail, merchants cannot take....
  5. 11. A device often used to pay electronically by swiping a card.
  6. 14. This term refers to a society where all financial transactions are conducted electronically without physical currency.
  7. 15. An amount of money taken out from your bank account.
  8. 16. The physical protection of bank branches from robbery.
  9. 18. The general term for money stored digitally rather than physically.
Down
  1. 1. A reduction in interest rates, often resulting in lower bank profits.
  2. 2. The term for electronic theft involving unauthorized access to someone's account.
  3. 4. The device or technology that tracks electronic transactions.
  4. 6. An error in an online payment that prevents the transaction from being completed.
  5. 8. An unforeseen problem in software or systems causing it to malfunction.
  6. 9. concerns arise in a cashless society due to the lack of anonymity.
  7. 10. A crime that involves making a copy of someone’s credit or debit card information.
  8. 12. A type of payment method that does not require physical currency
  9. 13. The loss of funds due to a system failure during a transaction.
  10. 14. The traditional form of money made from paper or coins.
  11. 17. An illegal act of taking money or goods by force, typically from a bank or shop.