Study Of Merits And Demerits Of Plastic Money Aims And Objectives Pdf

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study of merits and demerits of plastic money aims and objectives pdf

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Plastic cards, or what is described as plastic money, happen to be the best-known method of payment in this day and age.

1. Introduction 2. Objectives 3. Need for the Study 4.

Chaudhary Faculty guide, INC. An expanding economy, a growing middle class and technological innovations are contributory factors for this. The industry is focusing on the retail side of the market, with a CAGR of 23 percent in the past five years. However, despite this thrust on retail banking, banks will have to come up with creative and simple solutions to make money in India. This is because India has a huge unbanked population and unless this is included, neither will banks prosper, nor the country.

Adavantages and disadvantages of Plastic Money

Nawaf Gantare December 10, Economics 4 Comments. Plastic money or polymer money, made out of plastic, is a new and more natural way of paying for goods and services. Plastic money was introduced in the s and is now an essential form of immediate payment, which reduces the risk of handlings a huge amount of cash. It includes Debit cards, ATMs, smart cards, etc. Credit cards, variants of plastic money, are used as substitutes for currency. Plastic money refers to credit cards; we use them whenever we want and pay later with interest, of course. It makes it too easy for us to buy things we usually could not afford, which makes it easier to get into debt.


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Introduction of plastic money

To study the merits and demerits of plastic money based on experiences of people. Objectives of the project are as follows. It has made it too easy for us to buy things we normally could not afford and in such a scenario it is important to understand the merits and demerits of plastic money.

study of merits and demerits of plastic money

Plastic money or money, made out ofplastic, is a new and more natural way of paying for goods and services. Introduction Plastic money aka money is made out of plastic and has formed animportant part of our daily life these days. It is easier to deal with cards than cash. Yes, the advantages of plastic money over cash has made it a best friend of many.

Plastic money or money, made out of plastic, is a new and more natural way ofpaying for goods and services. Technology has changed the way we dealwith the purchase of goods and services in daily life. Plastic Money is one of the mostcommon reasons for it. Plastic money is also not completely safe: When we are making an online purchase througha form of plastic money there a certain degree of risk involved as we share our bankdetails and other financial information on the internet which is not always a safe place. Plastic money aka money is made out of plastic and has formed an important partof our daily life these days.

Introduction Plastic money aka polymer money is made out of plastic and has formed an important part of our daily life these days. It is easier to deal with cards than cash. Yes, the advantages of plastic money over cash has made it a best friend of many. It was in the s the concept of plastic money came into being. When we say plastic money, it includes debit cards, ATM cards, credit cards , prepaid cards, smart cards and so on. The main advantage of plastic money is that it avoids the necessity to carry huge cash and is also difficult to mutilate. The disadvantage being there are still many among us who do not know how to use a plastic card wisely.


Plastic Money - Merits and Demerits Group Discussion Ideas and demerit of plastic money,Ask Latestinformation,Abstract,Report,Presentation pdf,doc,ppt,​need and importance aims and objective of merits and demerits of plastic money.


Plastic money or money, made out of plastic, is a new and more natural way ofpaying for goods and services. Technology has changed the way we dealwith the purchase of goods and services in daily life. Plastic Money is one of the mostcommon reasons for it.

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ТРАНСТЕКСТ вскрыл ключ, состоявший из шестидесяти четырех знаков, за десять с небольшим минут, в два миллиона раз быстрее, чем если бы для этого использовался второй по мощности компьютер АНБ.

3 Comments

  1. Hassan S. 13.05.2021 at 12:01

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  2. Geoffrey D. 13.05.2021 at 17:12

    Disadvantages of Plastic Money​​ Discounts and rebates can rarely be obtained. The cardholder is responsible for charges due to loss or theft of the card and the bank may not be a party for damage due to fraud or collusion of staff, etc. Customers may be denied a cash discount for payment through the card.

  3. HerГіn B. 15.05.2021 at 23:48

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