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10. REVISED GAMEY Module 10- Presentation

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Co-funded by the Erasmus+ Programme of the European Union Project No.: 2024-1-PL01-KA220-YOU-000251498

GAMEY Project: Gamified Approach to Money Education for Youth

MODULE 10: Digital Economy – Scams, Online Payments & Safety

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Digital Economy – Scams, Online Payments & Safety

Rob is about to make an online payment... but wait, was that email real? In this module, you’ll explore the digital financial world: how to make secure transactions, avoid scams, and protect your financial data.

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Table of Content

  • Module’s goals
  • What will you learn
  • The Rise of the Digital Economy
  • Spot the Scam: Learn the Signs
  • Secure Online Payments
  • Protecting Your Financial Data
  • Your Rights in the Digital World
  • Knowledge Check
  • Glossary
  • References

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Module Goal

  • Understand how online transactions work
  • Identify common types of digital scams
  • Learn best practices for online safety and secure payments
  • Know your rights when something goes wrong online

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What will you learn?

By the end of this module, you will be able to:
  • Explain how digital payments are processed
  • Recognize phishing, fake websites, and social engineering tactics
  • Apply safety strategies like 2FA and secure browsing
  • Understand data privacy and legal protections (e.g. GDPR)
  • Respond appropriately to suspected fraud

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The Rise of the Digital Economy

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The digital economy refers to all economic activity that relies on online platforms, digital devices, and electronic payments. It’s fast, convenient, but also vulnerable.

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Real-life examples of digital economy

Use this side of the card to provide more information about a topic. Focus on one concept. Make learning and communication more efficient.

Use this side of the card to provide more information about a topic. Focus on one concept. Make learning and communication more efficient.

Use this side of the card to provide more information about a topic. Focus on one concept. Make learning and communication more efficient.

Use this side of the card to provide more information about a topic. Focus on one concept. Make learning and communication more efficient.

Use this side of the card to provide more information about a topic. Focus on one concept. Make learning and communication more efficient.

Use this side of the card to provide more information about a topic. Focus on one concept. Make learning and communication more efficient.

Use this side of the card to provide more information about a topic. Focus on one concept. Make learning and communication more efficient.

Social Media Influencer Economy

Selling Second-Hand Goods

Freelance Platforms

Online Shopping

Mobile Payments

Virtual Goods and Subscriptions

Rob buys headphones through an e-commerce site and pays with a digital wallet.

Title

A graphic designer earns money on Fiverr, working for clients across the globe.

A student sells used textbooks on Facebook Marketplace.

Creators earn income from brand deals, sponsored content, and fan donations.

Rob uses Apple Pay at a café, no cash, just a tap.

Rob subscribes to a game streaming service and buys a digital skin for his avatar.

Write a brief description here

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Is it part of the digital economy?

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Is it part of the digital economy?

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Is it part of the digital economy?

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Is it part of the digital economy?

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Is it part of the digital economy?

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Spot the Scam: Learn the Signs

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Digital scams are designed to trick you into giving away money or personal information. Some of the most common are:

Phishing Emails: Rob gets an “urgent” message from his bank asking him to verify his password.

Fake Websites: Always check the URL (does it have https? Is the address misspelled?)

Social Engineering: “Hi, I’m calling from Microsoft. Your computer has a virus...”

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Common Red Flags

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Secure Online Payments

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Online payments are convenient, but they carry risks if not done carefully. Here’s how Rob can stay safe:

Use Two-Factor Authentication (2FA) Adds an extra layer of security: a code sent to your phone after login.
Look for HTTPS Secure websites have a padlock icon and “https” in the address.
Prefer Credit Cards or Trusted Payment Platforms They offer fraud protection and don’t give sellers direct access to your account.
Avoid Public Wi-Fi for Payments Unsecured networks can be hacked.

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Real or Risky?

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Real or Risky?

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Real or Risky?

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Protecting Your Financial Data

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Cybercriminals want your data. Protect it like your wallet.

Best practices include:
  • Strong, Unique Passwords
Use passphrases or password managers.
  • Secure Connections Only
Avoid logging into financial accounts on public computers.
  • Beware of “Free” Offers
They often ask for too much personal info in return.
  • Recognize Suspicious Behavior
Pop-ups, grammar mistakes, and urgent tones = red flags.

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Safe vs Risky

Solution

Drag each online behavior into the correct column

Click on links from unknown emails

Safe Practice

Risky Behavior

Enable two-factor authentication

Use a password manager

Connect to public Wi-Fi to log in to your bank

Use the same password for all accounts

Update your software regularly

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Your Rights in the Digital World

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If something goes wrong online, like being scammed, having your data stolen, or making a payment in error, you have rights. These rights are protected under laws like the GDPR and EU consumer regulations.

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Know Your Rights

Companies must ask for your clear consent before sending promotional emails. You can unsubscribe at any time.

You have a 14-day cancellation window when buying from EU-based online stores. You can return goods without giving a reason.

You have the right to access, correct, and delete your personal data.You can also limit how it’s used by companies.

Consent and Marketing

Your Data Rights

Online Purchase Rights

If you’ve been scammed, report it to your payment provider, your local consumer agency, and in some cases, the police.

If a payment is unauthorized or you didn’t receive the product, you can request a chargeback from your bank or card provider.

EU consumers can contact national consumer protection authorities or use the European Consumer Centres Network for cross-border issues.

Report a Scam

Refund Protections

Know Who to Contact

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Knowledge Check

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Continue

Continue

Continue

Continue

Continue

Glossary

A security feature that requires a second step (e.g., a text code) when logging into accounts.Why it matters: It protects you even if your password is stolen.

Websites with https:// and a 🔒 icon encrypt your data.Why it matters: Never enter sensitive info on sites without it.

Two-Factor Authentication (2FA)

A scam technique where scammers trick you into giving personal or financial info, often via fake emails or websites.

Secure Connection

Title

Title

Title

Use this side to give more information about a topic.

Use this side to give more information about a topic.

Use this side to give more information about a topic.

Phishing

Subtitle

Subtitle

Subtitle

When scammers manipulate you emotionally (urgency, fear, friendliness) to get your info or money.Why it matters: It’s one of the most effective and dangerous scam tactics.

A European law that protects your digital rights.Why it matters: You can control how your data is used, and even request its deletion.

Social Engineering

Title

Title

Use this side to give more information about a topic.

Use this side to give more information about a topic.

GDPR

Subtitle

Subtitle

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Resources

  • OECD (2018). Policy Guidance on Digitalisation and Financial Literacy
  • Kahneman, D. (2011). Thinking, Fast and Slow
  • Bank of America (2024). Transaction Security in a Digital Economy
🔗 Useful Sites:
  • Google Safety Center
  • Europol – Online Fraud Prevention

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Co-funded by the Erasmus+ Programme of the European Union Project No.: 2024-1-PL01-KA220-YOU-000251498

Thank you!

Start

Safe Practice

Enable two-factor authentication Use a password manager Update your software regularly

Risky Behavior

Click on links from unknown emails Connect to public Wi-Fi to log in to your bank Use the same password for all accounts