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Essay on Plastic Money

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Plastic money: Indian Experience

It is rightly said the plastic money is need of hour. People are using these cards on a vastscale. But after considering the review of literature it is seen the whole payment process of processing these cards is not safe and customer are facing many problems relating to plasticmoney. That’s why study is focused on consumer perception regarding the plastic money. Need of the study is to get to kn...

Plastic money

These are usually re-useable in that they can be 'topped up' however some cards, usually marketed as Gift Cards are not re-useable and once the credit has been spent they are disposed of. Store Cards - These are similar in concept to the Credit Card model, in that the idea is to purchase something in store and be billed for it at the end of the month. These cards can be charged at a very high inte...

Plastic money

In today’s materialistic world, every one is running behind money or you can say that the whole world is running behind money. In addition, these days, things have become costlier and with out hard cash it is difficult to make any outright purchase, if you are an impulsive buyer. Nevertheless, with ‘Plastic Money’, i.e. Payment Cards, you can do it without carrying any money on you. There is...

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Plastic Money

Cards which carry the Master or Visa affiliation are more widely accepted across the country compared to Diners and American Express cards. Similarly, global credit cards are valid even outside India. If one travels regularly within or outside India, these cards would probably suit one the best, due to their acceptability across various outlets If our credit card is more of a functional accessory ...

Plastic Money

Payment Cards, you can do it without carrying any money on you. There is no burden of carrying a bunch of notes, no fear of loosing or forgetting the wallet at home. Welcome to the age of ‘Plastic Money’. Many of the Pakistan Banks converted its operations to Plastic money and many of customers are already prefer plastic money in Banking terms. It is very successful banking term e. g. : if som...

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