demerit and merit of plastic money

plastic money - SlideShare12 Apr 2014 ... merits and demerits to Customer: merits o Convenience o Allows a short term credit to customer o Provide more fraud protection 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 Weakens self regulation 2.3 Debit Card A debit card (also known as a bank card or check card) is a plastic payment card that provides the cardholder electronic access to his or her bank ...

Plastic Money Full Project | Debit Card | Stored Value Card - Scribdplastic money Full Project - Free download as Word Doc (.doc), PDF File (.pdf), Text File (.txt) or read online for free. ... The former covers articles on the the emergence of plastic money, different types of plastic cards and their growth in India and other related issues. .... 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 trained staff.

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Plastic Money - Pros and Cons - WisdomTimesAdvantages of plastic money. 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 and a chance of cash getting stolen. However, in case of debit/credit card you can report the matter to the bank and block the card to ...

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Advantages & Disadvantages of Credit Cards ... - Money CrashersOpponents of credit cards argue that even if you always pay your balance in full and never pay a fee, paying with plastic still costs you money. Simply by swiping your card, they say, you automatically spend more than you would handing over a wad of cash. This claim sounds bizarre, but there's research to back it up. One study, conducted at Massachusetts Institute of Technology (MIT) in 2000, invited students to bid on tickets to a pair of sports events: a sold-

Study of Merits and Demerits of Plastic Money Introductionplastic money Full Project | Debit Card | Stored Value Card - Scribd. plastic money Full Project - Free download as Word Doc (.doc), PDF File (.pdf), Text File (.txt) or read ... Ch.4 CREDIT CARD INTRODUCTION ..... Ch.8 CASE STUDY .... merits and demerits of plastic money Based on Experiences of Peoples. introduction - Shodhganga. This study is an attempt to unveil the perception held by card users and member ... framework existing in India under which plastic money is ...

Advantages and disadvantages of Debit Cards, Arvest Education ...Even though debit cards have become widely used, many people are unfamiliar with their advantages and disadvantages. Debit cards look like credit cards, but function like cash or personal checks. Debit cards can function in two ways: 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 ...

Plastic money - SlideShare18 May 2012 ... merits and demerits to Customer merits Convenience Allows a short term credit to customer Provide more fraud protection than debit cards. Many credit cards offer rewards and benefits packages demerits High interest and bankruptcy Inflated pricing for all consumers Weakens self regulation; 14. Debit Card; 15. What is Debit Card ? This type of card will directly debit money from your bank account, and can directly be used to purchase goods and ...

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Plastic money | Debit Card | Stored Value Card - ScribdHistory Introduction. concept. Page. no. 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 systems Benefits & Features of debit cards Process debit card transactions plastic fraud. 5. 6. 7. 8. 9. Advantages & Disadvantage Technology & Infrastructure merits & demerits Case study. 10. Conclusion 11. Bibliography.

Merits and Demerits of Plastic Money Based on Experiences of ...meritS and demeritS of plastic money. BASED ON EXPERIENCES of PEOPLES INTRODUCTION Introduction to plastic money plastic money or polymer 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 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, ...

43888714 plastic-money-full-project - SlideShare24 Jul 2015 ... It takes plastic Fraud State-of-the-art thieves are concentrating on plastic cards Ch.6 Advantages & Disadvantage Advantages plastic money, unlike paper money, will Provide a convenient payment method for purchases made on the Internet and over the telephone Its disadvantage is that, some extra money will be deducted for the bank services There is an immense need of reliable wide area connectivity and this market is so 2. Investigation Exactly what ...

Questionnaire on Relevance of Plastic Money | Debits And Credits ...Questionnaire on Relevance of plastic money over paper money. Basic information 1) Name: 2) Address: 3) Contact number: 4) Gender : Male Female. 5) Age: 18-25 35-50. 25-35 above 50 yrs Business service other, specify___________ 180,000- 300,000 Rs above 500,000 Rs married 4- 6 above 6. 6) Profession: student. Government Employee 7) Annual income 0- 180,000 Rs 300,000- 500,000 Rs 8) Martial status 9) No of family member¶s single up to 4. Please Tick (¥ ) in the box ...

Merits And Demerits Of Plastic Money, Essay Sample8 Aug 2017 ... Writing sample of essay on a given topic "merits and demerits of plastic money"

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