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
1 P a g e CHAPTER 1 PLASTIC MONEY Concept of plastic money Plastic money or polymer money, made out of plastic, is a new and easier way of paying Merits and Demerits to Customer: Merits o Convenience o Allows a short term credit to customer o Provide more fraud protection than debit cards. o
Plastic Money - Pros and Cons - WisdomTimes Plastic Money definitely provides an alternative in some cases and . There are several advantages of plastic money as seen in the above illustration. Plastic or glass (PDF) GLASS. Advantages. Disadvantages. Excellent abrasion resistance. Heavier than plastic. Resistant to
Plastic Money Full Project - Free download as Word Doc (.doc), PDF File (.pdf), Text File (.txt) or read online for free. 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 customers the bank has to employee special
9 Benefits of using a credit card. Some of the perks that come with paying on plastic include: A credit card is safer than carrying cash. While there's only a small chance of having lost or stolen cash returned, a credit card can quickly be cancelled if you lose your wallet. Most financial institutions also have
Disadvantages:Over Budget: Plastic money gives us an easy and extended purchasing capacity which results in an extra and unwanted buying.
The Marathi Wikipedia (Marathi: मराठी विकिपीडिया) is the Marathi edition of Wikipedia, a free and publicly editable online encyclopedia, and was launched on 1 May 2003. The project is one of the leading Wikipedia among other South Asian Wikipedia's in various quality matrices. It has grown on
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In Zimbabwe, we generally call these cards ATM cards because of their predominant use for making withdrawals at Automated Teller Machines. What are the advantages of using plastic money? Eliminates the need for carrying huge amounts of cash. This eliminates the need for carrying huge load of cash
necessary because if households use electronic money, the benefits of adoption depend on unobserv- First, from the perspective of both consumers and merchants, “plastic money” has an advantage . paper, after weighing the advantages and disadvantages of the two data sets carefully, we focus on.
Advantages. Of course India will benefit Now the question is how.Every transaction will be recorded a large number of people will come under the tax coverage is that money spent by the government to print money will not come under government spending Government should also increase there spending in the Internet
The acute shortage of money in the wake of this decision led to long queues of people Handling the flow of cash with digital technology has a range of advantagesConclusion Post demonetisation, the people have finally started believing in the power of the plastic money in the Essay on Disadvantages of Internet. Feb , The
Despite some disadvantages, the advantages of electronic payment system are obvious, especially when comparing to a wire transfer of money.
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Learn more about basics of credit cards, their advantages and disadvantages and why it's important to choose the right one for your needs.
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.
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
You get more protection if you pay with a credit card than if you pay with a debit card, cash or cheque under something known as Section 75 of the Consumer Credit Act. If you buy something that costs between £100 and £30,000, you will get your money back if it all goes wrong. In other words, if the