(i) Economical: Paper money practically costs nothing to the Government. Currency notes, therefore, are the cheapest media of exchange. If a country uses paper money, it need not spend anything on the purchase of gold or minting coins. The loss which a country suffers from the wear and tear of metallic money is also..
ADVANTAGES OF PLASTIC MONEY. . Purchasing Power: Credit or Debit cards made it easier to buy things. Now we don't have any need to carry money in a large amount. Plastic money is accepted everywhere, anytime. . Time Saving: Through a credit card or debit card you can purchase anything from anyplace without..
Dec 16, 2017 . Most of us use plastic money today, but it is necessary that we clearly understand the merits and demerits of it. Only then we will be able to use cards carefully and wisely. This article gives you a brief idea of the main advantages and disadvantages of ..
Mar 28, 2013 . Living in the age of plastics videos describes about the various uses and applications of Plastics in Daily Life. This video is in Marathi
Like an ATM card for immediate withdals of cash; Like a check when buying an item. The money used to pay for the transaction is usually deducted from your account within a day or two depending on when the retailer presents the transaction for payment. Advantages of a Debit Card. Easy to obtain. Once you open an..
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 potential costumers. b) To get new customers the bank has to employee special..
Recycling costs using a waste contractor to collect waste for recycling will cost your business money, if not to the same level as disposal to landfill; reducing your business waste in the first place will cut down these costs. Contamination when sorting plastic containers in food waste or different materials in glass waste can..
Plastic money - Download as Word Doc (.doc / .docx), PDF File (.pdf), Text File (.txt) or read online. . Types of plastic money Credit card Introduction Advantage & Disadvantages Steps in credit card transaction Different types of credit cards Credit card data Debit card Introduction Types of debit card..
There are several advantages of plastic money as seen in the above illustration. The advantages include. Eliminates the need for carrying huge cash: This eliminates the need for carrying huge load of cash which is risky and inconvenient too. Risk of Loss or Theft minimized: In case of cash there is a high risk of losing cash..
Executive Summary. Plastic money. Nearly every Briton has a credit card, if not several, and in most cases from a variety of providers. How many, however, would stop to consider in depth the benefits of credit cards to the cardholder and to the U.K. economy as whole? If asked, many would mention the advantages of being..
Jan 17, 2017 . Government is building a cashless environment in the country. H&R Block highlights the various pros and cons of going cashless or digitisation in this post
Advantages of Credit Cards: Easy access to credit- the biggest advantage of a credit card is its easy access to credit. Credit cards function on a deferred payment basis, which means you get to use your card now and pay for your purchases later. The money used does not go out of your account, thus not denting your bank..
Are you for or against credit cards? Some people believe credit cards are always bad to use, but there are numerous distinct advantages credit can offer
The Marathi Wikipedia (Marathi: ) is the Marathi edition of Wikipedia, a free and publicly editable online encyclopedia, and was launched on 1 May 2003. The project is one of the leading Wikipedia among other South Asian Wikipedia's in various quality matrices. It has grown on..
Jun 19, 2013 . Bwalya K E Ng'andu: Benefits, problems and challenges associated with credit cards. Remarks by Dr . Apart from the cardholders, credit cards have other wider advantages which impact on the . within the regional economic groupings like SADC and COMESA, plastic money in the form of credit cards, is..
Apr 12, 2014 . 1 | P a g e CHAPTER 1 PLASTIC MONEY Concept of plastic money Plastic money or money, made out of plastic, is a new and easier way of . than debit cards. o Many credit cards offer rewards and benefits packages Demerits o High interest and bankruptcy o Inflated pricing for all consumers o..
Aug 17, 2017 . MERITS AND DEMERITS OF PLASTIC MONEY BASED ON EXPERIENCES OF PEOPLES INTRODUCTION Introduction to Plastic Money Plastic money or money, 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..
Plastic Money Full Project Free download as Word Doc (.doc), PDF File (.pdf), Text File (.txt) or read online for free. Ch.2 The History Of Credit Cards and Debit Cards In Plastic Money. Credit cards have Ch.8 CASE STUDY WIKIPEDIA .COM Merits and Demerits of Plastic Money Based on Experiences of Peoples
Apr 7, 2016 . Plastic money was introduced in the 1950s and is now an essential form of ready money which reduces the risk of handlings a huge amount of cash. .. The credit card provides the following advantages to the bank: the system provides an opportunity to the bank to attract new potential customers. b) To get..
Apr 24, 2017 . Digital transactions bring in better transparency, scalability and accountability. The new move will compel more merchants to accept digital money. Cash may no longer be king. Introduction Cashless Transaction Economy The RBI and the Government are making several efforts to reduce the use of cash in..
Advantages. Disadvantages. Debit Card. You don't have to carry cash around with you. If your card is stolen, the thief cannot get your money without your PIN. You can use it to pay at some retail shops. Keeps your money safe. If you forget your PIN number you cannot use the card. The system can be off-line. Training is..
Despite some disadvantages, the advantages of electronic payment system are obvious, especially when comparing to a wire transfer of money