24 Jul Ch.1 Introduction Plastic money or polymer money, made out of plastic, as “A small plastic card that ADVANTAGES & DISADVANTAGES OF. 8 Aug Writing sample of essay on a given topic “Merits And Demerits Of Plastic Money”. There are several advantages of plastic money as seen in the above illustration Please note a few points before we look at the disadvantages of plastic money.

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These cards are great for those who are budget-conscious as they give you some money back from your purchases.

Also, who would want to carry a lot of cash in hand and make their wallet bulge out. Anytime you can withdraw your money. If you own a business, you may wish to consider this type of card.

Fuel accounts for a very small portion of credit card purchases as these are largely paid through debit cards. This card has its own merchant establishment tie-ups and does not depend on demeritd network of MasterCard or Visa.

However, banks only issue them to us if we hold an account with merits and demerits of plastic money. Plastic cards can also be used for online purchases.


Education Leads Advertise Make Money. Usage of the term “credit card” to imply a credit card account is a metonym. For instance, if the minimum purchase is Rs. Cards might be lost. If you are a student, student credit cards can be a great option.


what are merits and demerits in plastic money – |

Enter your password below to link accounts: If you are the anr who always forgets your PIN number, cash is the best option for you.

In some cases, these cards just charge a few percent interest. Having a track of eemerits daily or monthly transactions is always good. Plastic money credit cards, debit cards, etc. That sounds good right? Plastic money refers to credit cards, we use them whenever we want and pay later with interest, of course. merits and demerits of plastic money

Mojey you for your interest. However, there are some disadvantages to student credit cards. Write detailed comment, relevant to the topic. The acquirer verifies with the issuer — almost instantly — that the card number and transaction amount are both valid, and then processes the transaction for the cardholder.

Consumers are preferring these cards mostly for shopping online E- commerce has given a better way to use the plastic money. It allows its holder to buy goods and services based on the holder’s promise to pay for these goods and services.

By using the plastic money you are automatically keeping a track of all your transactions. Plastiic, these cards are used by people with no credit or bad credit.


merits and demerits of plastic money based on experiences of people

So I can do merits and demerits of plastic money job more perfect. The internet has given credit card users additional ajd power. Consumers were not only more open to the possibility of owning a financial card, but were also more than willing to use their cards to settle dues. You do not have to worry when someone runs away with your wallet, as long as plasic only have plastic money in it. C Benefits to the Merchant Establishment The principal benefits offer credit card to the retailer is: We are a non-profit group that run this website to share documents.

The holders can use the cards to get credit from banks up to 45days. No matter deerits your needs, chances are good that there is a card out there that would be ideal for you.

Some websites are just set up to steal our financial information and loot money thereby.