advantages of plastic money wikipedia


Plastic Money - Pros and Cons - WisdomTimes

Plastic Money definitely provides an alternative in some cases and compliments cash as a medium. With technology, a simple credit ... There are several advantages of plastic money as seen in the above illustration. The advantages include.


Pros and cons of using plastic money | The Herald

15 Jun 2016 ... These cards are often referred to as “plastic money” because they facilitate transactions and make it possible to ... Despite the advantages that are associated with the use of plastic money, it is important to understand that...


What are the advantages and disadvantages of plastic money

Disadvantages:Over Budget: Plastic money gives us an easy and extended purchasing capacity which results in an extra and unwanted buying.


Paper Money Vs Plastic money: Advantages & Disadvantages ...

5 Sep 2011 ... Credit cards or plastic money has become the shopping trend in Pakistan. Reviews sharing the information about advantages, disadvantages & comparison with Paper.


What Are The Advantages And Disadvantages Of Plastic Money And ...

Advantages of Paper Money: The printing of paper money is easy to print with low cost and saving the time. The transportation of paper money is easier, safe and cheaper than metallic money e.g. one thousand rupee note can easily be transferred...


What Is Plastic Money? - Blurtit

Answer (1 of 10): risingfanPlastic money is a term that is used predominantly in reference to the hard plastic cards we use everyday in place of actual bank notes. They can come in many different forms such as cash cards, credit cards, debit...


Advantages &Disadvantages of Credit Card - Tips & Advice

In recent years the use of “Plastic Money” has gained a lot of popularity. Yes, it is Plastic Money in the form of debit or credit card that you carry in your wallet which gives you an easy access to your money. A credit card is a plastic card - same...


Plastic Money Better than Paper Money - SlideShare

22 Dec 2013 ... Plastic money lasts anywhere from two to five times longer than paper money, performs better in vending ... made out of plastic, is a TYPES OF CARDS Debit Card Credit Card Charge Card Amex ADVANTAGES...


plastic money - SlideShare

12 Apr 2014 ... 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 ... He also found that families with different incomes perceived differently the advantages and disadvantages of credit cards. ... www.studymode business-finance.blurtit en.wikipedia.org JOURNALS: Slocum, 1., and L. Mathews.


The History of Plastic Money | Cashco Financial

20 Jan 2016 ... With a history of “plastic money”, you cannot ignore charge cards. Charge cards laid the groundwork for ... Organized crime rings even took advantage by using corrupt workers to intercept cards. Since these intercepted cards...


Disadvantages Of Plastic Money - Cons Of Debit Cards & Credit Cards

If you thought that plastic money is extremely advantageous and has no cons, you are definitely in for surprise. With this article, explore the disadvantages of debit cards & credit cards.


Money - Wikipedia

Various plastic cards and other devices give individual consumers the power to electronically transfer such money to and from their bank accounts, without the use of currency. Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular ..... However, fiat money has an advantage over representative or commodity money, in that the same laws that created the money can also define rules for its replacement in...


Polymer banknote - Wikipedia

Polymer banknotes are banknotes made from a polymer such as biaxially oriented polypropylene (BOPP). Such notes incorporate many security ..... In April 2013, the Reserve Bank of India introduce plastic/polymer currency note of ?10 on a field trial basis in five cities in India. RBI proposed to conduct field trials of Rs 10...


Paper Money vs Plastic Money | Banknote | Credit Card - Scribd

Difference between Plastic money & Paper money. and also the advantages and disadvantages of both products.... ... Moreover, I am thankful for Google Inc. and Wikipedia for revolutionizing and making the information accessible, without...


Disadvantages of Plastic Money | Debit Card | Gift Card - Scribd

Due to constant use, magnetic strips of the cards get worn out. As a result, the card might not get accepted. If during such times, plastic money is your only source of cash, you can be in a tricky situation. ADVANTAGES OF PLASTIC MONEY


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 online for free. ... The credit card provides the following advantages to the bank: the system provides an opportunity to the bank to attract new...


Advantages & Disadvantages of Credit Cards ... - Money Crashers

Some people believe credit cards are always bad to use, but there are numerous distinct advantages credit can offer. ... cards argue that even if you always pay your balance in full and never pay a fee, paying with plastic still costs you money.


Advantages and Disadvantages of Credit Cards by ...

6 Oct 2016 ... Do you want to know what the advantages and disadvantages of credit cards are? Read this guide ... You'll also have protection if your card is used fraudulently as your card provider should refund the money. This won't work...


Plastic Money Transition | TheTechNews

22 Aug 2016 ... Related Itemsadvantages of plastic moneydisadvantages of plastic moneyFeaturedhistory of plastic moneymeaning of plastic moneyplastic moneyplastic money pptplastic money projectplastic money wikipediatypes of plastic...


Forget cash, use plastic money to your advantage | Latest News ...

23 Aug 2012 ... Forget cash, use plastic money to your advantage - A cashless society has its own advantages. Perhaps, that explains why more and more Indians are inclined to shop, with a plastic card in hand.


introduction - Shodhganga

much smaller place than coins. The disadvantage of paper money is that it gets mutilated faster than coins/ metal money. Plastic money has all advantages of coins and paper money. It differs from other existing forms of money in various ways.


Plastic money - definition of plastic money by The Free Dictionary

Define plastic money. plastic money synonyms, plastic money pronunciation, plastic money translation, English dictionary definition of plastic money. n credit cards, used instead of cash.


The Economist explains: What's the point of plastic banknotes? | The ...

14 Nov 2013 ... But what are the advantages of plastic cash? Britain's 2.9 billion notes, with a face value of about £58 billion ($92 billion), are currently made from paper, which is itself derived from cotton and linen. But paper money is not very...


Canada's Plastic Currency - ThoughtCo

Canada is trading in its paper currency for plastic. No, not credit cards, actual plastic money. Sometime late in 2011, the Bank of Canada replaced the nation's traditional cotton-and-paper bank notes with currency made from a synthetic...


From Paper to Plastic | CJ Inductries Plastic Injection Molding Blog

There are some obvious advantages of plastic versus paper . The first advantage is that plastic lasts longer. In Great Britain, paper money, on average, lasts around 6 months. Plastic bills will last an average of 2.5 years. The durability of plastic...


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