金融英语技能训练Lecture 3 Electronic payments.pdfVIP

Lecture 3 Electronic Payments 电子支付 Learning Objectives  Expand lecture-topic-related vocabulary  Take effective notes on the lecture  Retell information from notes  Accomplish listening tasks  Write an effective lecture summary  Expand reading into lecture topic  Translate an article into Chinese  Discuss topics related to electronic payments Stage 1 Dictation 1. news clip 2. execute 3. point of sale (POS) 4. accelerate 5. surge 6. automated teller machine (ATM) 7. electronic funds transfer (EFT) 8. check 9. conventional 10.money order 11.letter of credit (L/C) 12.debit 13.groceries 14.personal identification number (PIN) 15.virtual 16.be lodged in a server 17.deposit 18.verify 19.merchant 20.confidentiality Stage 2 Listening Comprehension 1. Where did the first news clip take place? 2. Where did the second news clip take place? 3. What is electronic payment? 4. How many e-payment methods does the lecturer explain? What are they? 5. What is special about virtual credit card? 6. Do e-payments reduce costs? Why or why not? Answers to Listening Comprehension 1. The first news clip took place in Zimbabwe. 2. The second news clip took place in the United States. 3. Electronic payment refers to any kind of payment that is processed to buy and sell goods or services, transfer value and settle debts without using cash or paper checks. 4. There are five: debit card, credit card, stored- value card (including smart card), e-cash and e- check. 5. It is just a number lodged in the server of the issuing company. 6. Yes. Because 1) they improve cash collection; 2) they are convenient to use; 3) they ensure security and confidentiality. Stage 3 Guided Note-taking