merit and demerit of plastic money of introduction

A credit card allows you to borrow money to pay for things. There will be a limit to how much you can borrow called your credit limit. At the end of each month you can either pay off the full amount you owe or pay defined minimum proportion of the bill by a due date. The future credit card user should carefully study 

MERITS AND DEMERITS OF PLASTIC MONEY. BASED ON EXPERIENCES OF PEOPLES INTRODUCTION Introduction to Plastic Money Plastic money or polymer money, made out of plastic, is a new and easier way of paying for goods and services. Plastic money was introduced in the 1950s and is now an essential form

Are you for or against credit cards? Some people believe credit cards are always bad to use, but there are numerous distinct advantages credit can offer.

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1 Introduction. Plastic money or polymer money, made out of plastic, is a new and easier way of paying for goods and services. Plastic money was introduced in . The credit card provides the following advantages to the bank: the system provides an opportunity to the bank to attract new potential costumers. b) To get new 

Brief Overview of Credit Cards: Meaning, Advantages and Disadvantages. Category: Finance On July 27, 2016 By LightHouse. Introduction: Credit cards are among the most popular financial product of modern times. The introduction of plastic money has completely changed the methods of payment.

Plastic Money Full Project Debit Card Stored Value Card - Scribd. Plastic Money Full Project - Free download as Word Doc (.doc), PDF File (.pdf), Text File (.txt) or read Ch.4 CREDIT CARD INTRODUCTION .. Ch.8 CASE STUDY . Merits and Demerits of Plastic Money Based on Experiences of Peoples. introduction 

Technology here means use of plastic money, plastic money can be your debit or credit card; technology can also mean wire transfer of funds. Introduction to Plastic Money. Money- One of the most important factor for card will do it for you. There are many advantages of plastic money attached to it.

ABSTRACT. Over the past few decades, a small fragment of plastic has revolutionized the way consumers pay. Rise in disposable income, introduction of new products and services, increased travel and growth of the entertainment sector has had an impact on the use of plastic money. The present paper makes an attempt 

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Plastic money is a term that is used predominantly in reference to the hard plastic cards we use everyday in place of actual bank notes.

Plastic money - here meaning credit cards and debit cards - havemany advantages and disadvantages. Their use is becoming much moreconstant in.

There are several advantages of plastic money as seen in the above illustration. The advantages include. Eliminates the need for carrying huge cash: This eliminates the need for carrying huge load of cash which is risky and inconvenient too. Risk of Loss or Theft minimized: In case of cash there is a high risk of losing cash 

Provided they're used responsibly and managed effectively, credit cards can be a flexible and convenient way to borrow money and pay it back over time. What's a credit card? A credit card is not the same as a debit card - when you pay for something on a credit card you're borrowing money. Every time you use your card 

Introduction; Age of plastic money; Investment avenues; The origin of credit cards; History of credit cards; The functions of credit cards; Salient features of credit cards; Advantages and disadvantages of credit cards; Major types of credit cards; The need for credit cards; Risks involved in the credit card