full transcript
From the Ted Talk by Ajay Banga: Financial inclusion, the digital divide and other thoughts on the future of money
Unscramble the Blue Letters
AB: We could. I mean, if you took countries in the Nordics, take Sweden. Sweden, sutoh koera, these are at the cutting edge of having reduced cash in their economies. In Sweden, essentially everybody uses enerticloc forms of payments, either a card or app on their phone that they can swish through or things of that nature, consumer payments I'm talking about. Even public toilets on the sreett in Sweden you can pay by on your phone entering a code, which comes back to you, having deducted that money from your aouncct. You enter the code on a pin pad and I call that tap and go, you go into the public teiolt with that tap. That's how far it's advanced in sewden. So cash is very low there. But even they are having a regular, cotouninus public conversation about not disadvantaging those parts of Sweden who still want to deal in cash.
Open Cloze
AB: We could. I mean, if you took countries in the Nordics, take Sweden. Sweden, _____ _____, these are at the cutting edge of having reduced cash in their economies. In Sweden, essentially everybody uses __________ forms of payments, either a card or app on their phone that they can swish through or things of that nature, consumer payments I'm talking about. Even public toilets on the ______ in Sweden you can pay by on your phone entering a code, which comes back to you, having deducted that money from your _______. You enter the code on a pin pad and I call that tap and go, you go into the public ______ with that tap. That's how far it's advanced in ______. So cash is very low there. But even they are having a regular, __________ public conversation about not disadvantaging those parts of Sweden who still want to deal in cash.
Solution
- sweden
- continuous
- korea
- street
- electronic
- account
- south
- toilet
Original Text
AB: We could. I mean, if you took countries in the Nordics, take Sweden. Sweden, South Korea, these are at the cutting edge of having reduced cash in their economies. In Sweden, essentially everybody uses electronic forms of payments, either a card or app on their phone that they can swish through or things of that nature, consumer payments I'm talking about. Even public toilets on the street in Sweden you can pay by on your phone entering a code, which comes back to you, having deducted that money from your account. You enter the code on a pin pad and I call that tap and go, you go into the public toilet with that tap. That's how far it's advanced in Sweden. So cash is very low there. But even they are having a regular, continuous public conversation about not disadvantaging those parts of Sweden who still want to deal in cash.
Frequently Occurring Word Combinations
ngrams of length 2
collocation |
frequency |
financial inclusion |
9 |
world food |
4 |
food programme |
4 |
billion people |
3 |
save money |
2 |
internet access |
2 |
rural parts |
2 |
cashless society |
2 |
good objective |
2 |
electronic forms |
2 |
ngrams of length 3
collocation |
frequency |
world food programme |
4 |
Important Words
- account
- advanced
- app
- call
- card
- cash
- code
- consumer
- continuous
- conversation
- countries
- cutting
- deal
- deducted
- disadvantaging
- economies
- edge
- electronic
- enter
- entering
- essentially
- forms
- korea
- money
- nature
- nordics
- pad
- parts
- pay
- payments
- phone
- pin
- public
- reduced
- regular
- south
- street
- sweden
- swish
- talking
- tap
- toilet
- toilets