1 multiple choice 1 point what was the total amount of money processed through payment apps in 2023? 4.4…

1 multiple choice 1 point what was the total amount of money processed through payment apps in 2023? 4.4 million 440 million 44.4 billion 4.4 trillion 2 multiple choice 1 point what percentage of gen z and millennials use payment apps more than twice per week? 50% 64% 75% 94% 3 true or false 1 point true or false? youre guaranteed to get your money back at banks if you get scammed on cash app, venmo, zelle or p true false 4 multiple choice 1 point what change are some lawmakers trying to make when it comes to how payment apps are regulated? allow payment apps to operate without oversight ban the use of payment apps for good require payment apps to follow the same rules as banks eliminate transaction fees on all payment apps

1 multiple choice 1 point what was the total amount of money processed through payment apps in 2023? 4.4 million 440 million 44.4 billion 4.4 trillion 2 multiple choice 1 point what percentage of gen z and millennials use payment apps more than twice per week? 50% 64% 75% 94% 3 true or false 1 point true or false? youre guaranteed to get your money back at banks if you get scammed on cash app, venmo, zelle or p true false 4 multiple choice 1 point what change are some lawmakers trying to make when it comes to how payment apps are regulated? allow payment apps to operate without oversight ban the use of payment apps for good require payment apps to follow the same rules as banks eliminate transaction fees on all payment apps

Answer

Brief Explanations:

  1. Without specific data sources, we can't determine the exact amount, but payment - app transactions are in the trillions in recent years.
  2. Market research shows a high percentage of Gen Z and Millennials use payment apps frequently, around 75% use them more than twice a week.
  3. There is no guarantee that banks will return money if scammed on payment apps as it depends on various factors like reporting time and bank policies.
  4. Some lawmakers aim to make payment apps follow the same rules as banks for better regulation.

Answer:

  1. D. 4.4 trillion
  2. C. 75%
  3. B. False
  4. C. Require payment apps to follow the same rules as banks