File Name: merits and demerits of plastic money .zip
- Plastic Money – Merits & Demerits
- Using payment cards for your business
- Merits and Demerits of Plastic Money Based on Experiences of Peoples
- Adavantages and disadvantages of Plastic Money
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.
Plastic Money – Merits & Demerits
Plastic money has become the order of the day. Whether it's a high-end store, a restaurant, a caf outlet or even a grocery shop, people just buy what they like not just what they want , proudly taking out their cards and allowing the shopkeeper to swipe away a fortune of their hard-earned money. You might claim that with plastic money around, you do not need to carry your cash and there is no fear of being robbed as well. At the same time, it is easy to use. However, believe it or not, there are a large number of disadvantages associated with using plastic money. Still, if you use it wisely and maintain a balance between paper and plastic money, the results can be otherwise. In the following lines, we have listed the disadvantages of using plastic money.
Using payment cards for your business
Plastic money was introduced in the s and is now an essential form of ready money 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. It makes it too easy for us to buy things we normally could not afford, which makes it easier to get into debt. 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.
Technology has changed the way we deal with money giving us more convenience and easy access to funds from anywhere. It all started with a simple credit card that allowed you to make purchases today and pay later. Further, technological advancements lead to a new trend where most banks gave you one ATM card or debit card which can be used for withdrawing money as well as for making purchases or payments — offline as well as online. However, plastic money has its share of issues that one must be careful about. Plastic money definitely provides an alternative in some cases and compliments cash as a medium.
There are advantages to using payment cards in your business - particularly when cards are issued to staff. But there are several disadvantages to be aware of too. Even though you can usually set maximum spending limits on employees' cards, be aware that you're giving your employees the opportunity to spend company money unchecked. As with personal payment cards, you are also open to the possibility of two further major drawbacks. Breadcrumb Home Guides Finance Business banking Advantages and disadvantages of using payment cards for purchases. Using payment cards for your business Advantages and disadvantages of using payment cards for purchases.
Plastic Money – Merits & Demerits Download as PDF Merits: Reduces the need to carry cash: Plastic money has not only provided us with.
Merits and Demerits of Plastic Money Based on Experiences of Peoples
Plastic money has provided us with the ease of conducting transactions in our day to day life. It has definitely replaced cash transactions to a great extent all over the world and has emerged as an essential form of ready money. 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. It can definitely not be denied that various forms of plastic money like credit cards, debit cards and others have made life easier by provided various advantages over the use of cash. But at the same time there are few disadvantages which cannot be denied.
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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.
The research study evaluates the use and adoption of plastic money by rural. Plastic Money definitely provides an alternative in some cases and There are several advantages of plastic money as seen in the above illustration. Aug 22 Plastic money is made of the polymer which is why it lasts long.
Adavantages and disadvantages of Plastic Money
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Он открыл рот, чтобы что-то сказать, но сделать этого не успел. Когда Хейл перестал на нее давить, Сьюзан почувствовала, что ее онемевшие ноги ожили. Еще толком не отдавая себе отчета в своих действиях и повинуясь инстинкту, она резким движением согнула ноги и со всей силы ударила Хейла коленом в промежность, ощутив, как ее коленные чашечки впились в его мягкие незащищенные ткани. Хейл взвыл от боли, и все его тело сразу же обмякло. Он скатился набок, сжавшись в клубок, а Сьюзан, высвободившись из-под него, направилась к двери, отлично понимая, что у нее не хватит сил ее открыть.
Атомный вес. Количество нейтронов. Техника извлечения. - Она пробежала глазами таблицу. - Уран распадается на барий и криптон; плутоний ведет себя несколько. В уране девяносто два протона и сто сорок шесть нейтронов, но… - Нам нужна самоочевидная разница, - подсказала Мидж.
Advantages or Benefits of plastic money to Card Holder: · He can purchase goods and services at a large number of outlets without cash or.
Начала просматривать длинные строки символов на экране, пытаясь найти то, что вызвало задержку. Хейл посматривал на нее с самодовольным видом. - Слушай, я хотел спросить, - заговорил. - Что ты думаешь об этом не поддающемся взлому алгоритме, который, по словам Танкадо, он хотел создать.