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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to become even more uneasy at the thought of accessing their accounts online or paying a bill through an automatic debit. With the emergence of hackers in the early days of the Internet‚ there was food for fodder. How safe was online or phone banking? The Electronic Funds Transfer Act offers protection over such actions as ATM usage‚ direct deposit‚ Pay-by-Phone‚ online banking‚ debit card and electronic check conversions ("Debt.org"). It also offers the consumer guaranteed information from banking
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In the writing Man of La Mancha‚ he speaks on credit card users and how they seem more self-assured of themselves because they have a card to pay with. I myself have a debit card and it is much easier to pay with when I’m at the store because I can just take it out and pay and with cash I have to look around in my wallet or purse count in front of everyone it takes a little more time than just swiping and signing and go on with the day. He says “those who pay with a credit card answer loud and clear”
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sales or purchases‚ receiving or paying money‚ or owing or being owed money‚ it is usual for the transaction to be recorded on a document. Source documents are the source of all the information recorded by a business. Examples Invoice‚ Credit Note‚ Debit Note‚ Goods Received Note‚ Books of Original Entry: In the course of business‚ source documents are created. The details on these source documents need to be summarized‚ as otherwise the business might forget to make some payments‚ ask for money
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IMPACT OF TECHNOLOGY IN INDIAN BANKING SECTOR LAVANYA. D(AUTHOR) RESEARCH SCHOLAR ST.PETERS UNIVERSITY‚ CHENNAI & Dr. R. GAYATHRI(CO-AUTHOR) ST.PETERS COLLEGE OF ENGINEERING AND TECHNOLOGY. CHENNAI LIST OF CONTENTS SL.NO PARTICULARS PAGE NO 1. PROJECT ABSTRACT 3 2. VARIOUS METHODS OF MONEY 4-6 TRANSFER THROUGH ONLINE 3. NEFT/RTGS 7-8 4. EXAMPLE 8-10 5.
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Trends‚ Size‚ Drivers‚ Strategies‚ Products and Competitive Landscape”. Timetric’s Cards and payments industry in France – Research Report identifies that the industry is expected to post a CAGR of 3.83% between 2014-2018‚ driven primarily by the debit cards category. By purchasing this report you will secure a proper understanding of shifting market dynamics in the cards and payments industry in France‚ which will enable you to amend your business plans accordingly to allow maximum sales. You will
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journal for every transaction. Each transaction is recorded in of column and account as either positive or negative. A double entry system is a little more detailed. With double entry two entries are made for each transaction. The first entry is a debit in on account and the second is credit in another account. The two accounts together keep the accounting equation balanced. The accounting equation is Assets = liabilities + Owners’ Equity. The pegboard system is a system in which a pegboard is used
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update their knowledge based on the current trends. Today online shopping is engrossing among youth rapidly since everything is available in a single place and also a wide variety of choices. The payment it can be done either by credit cards or debit cards or even cash on delivery is available. There are social media threats like cyberbullying‚ phishing etc and there are certain ways to prevent them: Install theft protection software‚ avoid giving personal information‚ privacy settings‚ do
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Tier 1 (Investor) Visa Portfolio Management The UK Border Agency offers the opportunity to apply for a Tier 1 (Investor) Visa which can lead to British Citizenship for those who want to make a substantial financial investment in the UK. When you invest with our Tier 1 (Investor) Visa Service‚ we will manage an investment portfolio for you‚ within the investment restrictions of the program‚ in line with your investment objectives. This is a discretionary service which allows you to concentrate
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10 unique features of e-commerce technology 1. Breaks geographical barrier: Unlike traditional retail business‚ ecommerce is not bounded by geographical barriers. Today an e commerce company can easily sell its products to consumers residing in any part of the country. 2. Saves precious time: Ecommerce helps in saving the most important thing in today’s modern world: ‘Time’. Consumers from the comfort of their home‚ office and even café can buy any product they wish to buy. Thanks to e commerce
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