Introduction to Plastic money:- The recent growth in the use of plastic money mainly credit and debit cards has been phenomenal. There are hundreds of millions of credit cards in circulation today; these little rectangular pieces of polymerized substance have become a way of life. India alone is home to millions of them. Initially positioned as a status symbol these plastic cards have caught on in a big way amongst the educated population of the country. Spending pattern through plastic money will change
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PLASTIC MONEY AND ITS USE INDEX SerNo | Subject | Page No | 1. | Chapter 1 : Emergence | 2-4 | 2. | Chapter 2 : Types of Plastic Money | 4-6 | 3. | Chapter 3 : Future Scenario of Plastic Card | 6-7 | 4. | Chapter 4 : Plastic Money by South Indian Bank | 8-9 | 5. | Chapter 5 : Advantages and Disadvantages | 9-13 | PLASTIC MONEY AND ITS USE CHAPTER 1 EMERGENCE Plastic money or polymer money‚ made out of plastic‚ is a new and easier way of paying for goods and services. Plastic money
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know the perception of people towards plastic money. Secondary objectives:- •To know the importance of plastic money in the daily life of consumers’ W.R.T credit and debit cards. •To study the benefits of debit card and credit cards. •To find out the market leader among the various banks/companies issuing credit and debit cards •To know the problems faced by respondents using plastic money. •To study the satisfaction level of consumers towards plastic money. NEED AND SCOPE
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WHAT IS PLASTIC MONEY? •Plastic money are the alternative to the cash or the standard ‘Money’. •Plastic money is the generic term for all types of bank cards‚ credit cards‚ debit cards‚ smart cards‚ etc. DEFINITION The :plastic” portion of this term refers to the plastic construction of credit cards‚ as opposed to paper and metal of currency. The money portion is an erroneous reference to credit cards as a form of money‚ which they are not. Although credit cards do facilitate transactions
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Plastic money is a term that is used predominantly in reference to the hard plasticcards we use everyday in place of actual bank notes. They can come in many different forms such as cash cards‚ credit cards‚ debit cards‚ pre-paid cash cards and store cards. Katie Harry answered Plastic money are the alternative to the cash or the standard ’money’. Plastic money is used to refer to the credit cards or the debit cards that we use to make purchases in our everyday life. Plastic money is much more
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Introduction: Plastic money is the alternative of cash or the standard ’money’. Plastic money is used to refer to the credit cards‚ debit cards that we use to make purchases in our everyday life. Plastic money is much more convenient to carry around as you do not have to carry a huge some of money with you. It is also much safer to carry it along or to travel with it as if it is stolen one can consult the bank whose service you are using and get it blocked hence saving your money from getting stolen
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THE HISTORY OF MONEY [A] The yen‚ the dollar‚ the quetzal‚ or the peso—no matter what the currency is called‚ money is an important part of life in nearly every culture today and has been throughout history. The concept of money dates back thousands of years. Originally‚ money was not metal coins or paper bills. Rather‚ people paid for things with objects that were useful and therefore considered valuable. We sometimes call this commodity money. Some examples of commodity money used throughout
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the future benefits ‚ feasibility ‚ accessibility‚ comforts ‚contingency and growth. Now‚ the affordability factor‚ this factor is made so achievable that nothing seems to be beyond reach. How is that? Its the introduction of plastic money. The widely used kind of plastic money is credit card and debit card. Of these two the debit card is the payment affordability upto the balance in the account hold in the bank. But the credit card is a boasters to the factor of affordability. The invention of
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Plastic Money One of the biggest problems with the way we celebrate festivals in our country is the resultant noise pollution. In the larger cities that anyway grapple with the problem of noise pollution in everyday living‚ public celebrations like Janmashtami and Ganesh Chaturthi only aggravate the issue. Loudspeakers‚ fire crackers and loud musical instruments are all culprits. According to a recent World Health Organisation (WHO) report noise pollution is considered not only an environmental
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Definition: Plastic money is a term that is used predominantly in reference to the hard plastic cards we use every day in place of actual bank notes. They can come in many different forms such as cash cards‚ credit cards‚ debit cards‚ pre-paid cash cards and store cards. Introduction: A slang phrase for credit cards‚ especially when such cards used to make purchases. The "plastic" portion of this term refers to the plastic construction of credit cards‚ as opposed to paper and metal of
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