Introduction Banking sector owes a pivotal importance in the economy of any country through itsvibrant functions. A bank is a financial institution that offers the widestrange of financial services. These financial institutions play a vitalrole throughout the world’s economic system. The banking structure of Pakistan consists of State Bank of Pakistan‚ Commercial Banks‚ Exchange Banks‚ Cooperative Banks‚Saving Banks and Specialized Credit Institution. “Banking meansthe accepting of money from public
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[pic] | |[pic] | | | | |Application Form for EXHANGE Scholarship | |Please read the guidelines for application before filling the form! | |
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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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PHIL – 447 Week 1 – Pick Your Plastic In the article “Credit or debit: pick your plastic‚” by Lisa Gerstner‚ the issue the author writes about is the importance of consumers knowing the difference between debit cards‚ credit cards and prepaid cards. If consumers do not understand the difference between the three cards and the way to use them‚ they could end up in financial disaster. If the consumer understands the card‚ then it can be useful and can be used to
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ACADEMIC BACKGROUND AND PURPOSE OF STUDY I have a degree in Law from one of the top universities of Pakistan and working in the capacity of Corporate and Commercial Lawyer in a Law Firm. Being from a business class family‚ I have always been intrigued towards the legal procedure involved in business as I have seen my family consulting lawyers for business issues. Corporate Lawyers are hired to handle all legal aspects of business starting from commercial transactions to corporate mergers‚ Incorporation
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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 of ready money which reduces the risk of handling a huge amount of cash. It includes credit cards‚ debits cards‚ ATMs‚ smart cards‚ etc. This article on plastic money is divided into two portions titled Concept and Experiences. The former covers the emergence of plastic money‚ different types of plastic cards‚ their growth in India and other related issues
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POLYTECHNIC UNIVERSITY OF THE PHILIPPINES COLLEGE OF ACCOUNTANCY AND FINANCE DEPARTMENT OF BANKING AND FINANCE The Comparative Study of Usage of Happy Plus Card As Assessed by Jollibee Customers In Selected Manila and Quezon City Branches An Undergraduate Research Paper Presented to Prof. Melvin Jason S. De Vera In Partial Fulfillment of the Requirements In FINA 3073 Submitted by: GROUP III of BBF 3-9N Levy Benavidez Elbert Bernal Angellou Calangan Dianne Grace Cantillep
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impacted 1.5 million credit and debit card numbers from major card brands Visa‚ MasterCard‚ Discover and American Express (money.cnn.com) in April 2012. Company Background Founded in 1967‚ Global Payments (NYSE:GPN) is one of the largest electronic transaction processing company based out of Atlanta‚ GA and operations in several European and APAC regions. The company provides business-to-business card payment and processing solutions for major card issuers such as Visa‚ Master Card‚ Amex and Discover
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each account in the ledger. The debit is on the left side‚ credit on the right side‚ and the account name is shown on top. 6. Debits are increases for assets‚ owner’s withdrawals‚ and expenses. Debits are decreases for liabilities‚ owner’s capital‚ and revenue. 7. Credits are increases for liabilities‚ owner’s capital‚ and revenue. Credits are decreases for assets‚ owner’s withdrawal‚ and expenses. 8. Assets‚ owner’s withdrawal‚ and expenses have a normal debit balance. Liabilities‚ owner’s
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What is bank? Finance is the life blood of trade‚ commerce and industry. Now -a-days‚ banking sector acts as the backbone of modern business. The term bank is derived from the French word Banco which means a Bench or Money exchange table. In olden days‚ European money lenders or money changers used to display (show) coins of different countries in big heaps (quantity) on benches or tables for the purpose of lending or exchanging. A bank is a financial institution which deals with deposits
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