Merits and Demerits of Plastic Money Based on Experiences of Peoples . are a liability rather than an asset, they are not money and not part of the economy's
10 Nov 2016 . Today we would like to discuss about Advantages & Disadvantages of 500 1000 . Increasement in plastic money like debit card, credit card, online transactions. . This might impact individuals and economic system might get.
Money is any item or verifiable record that is generally accepted as payment for goods and services and repayment of debts in a particular country or socio-economic context. . Various plastic cards and other devices give individual consumers the power to ... However, these advantages held within them disadvantages.
7 Dec 2016 . Let us start with advantages of cashless economy. ... seller on the road side neither have bank accounts nor they understand plastic money. ... By seeing all the advantages and disadvantages in my opinion point no.4.
1 May 2015 . Video shows what plastic money means. Credit cards and debit cards as an alternative to cash.. Plastic money Meaning. How to pronounce.
What are the merits of Paper Money. The following are the advantages of paper money: (i) It is economical. Paper is much cheaper than any other metal.
The real plastic money is the credit card one use. This may not be the one you need to answer . I've got a school project in which I have to study merits and demerits of plastic money based on experiences of people. . M1 is the base money of all cash and coins circulating in the economy plus checking account balance.
29 Sep 2016 . The advantages and disadvantages of Prepaid Cards guides from moneyfacts.co.uk. . Moneyfacts.co.uk News brings you the latest financial & economic . Once the money on the card runs out, you can't spend any more until.
Plastic money - here meaning credit cards and debit cards - havemany advantages and disadvantages. Their use is becoming much moreconstant in.
Advantages & Disadvantages of Credit Cards – Do They Help or Hurt You? .. your balance in full and never pay a fee, paying with plastic still costs you money.
Definition of plastic money: Generic term for all types of bank cards, credit cards, debit cards, smart cards, etc.
15 Jun 2016 . Plastic money is a term that predominantly refers to the hard plastic cards, . make necessary and economical to purchase the item quickly and easily. . the advantages of using plastic money far outweigh the disadvantages.
study of merits and demerits of plastic money based on experiences of people. . Subject: Economics , asked on 20/10/13 . Disadvantages of a Credit Card.
24 Jul 2015 . Ch.1 Introduction Plastic money or polymer money, made out of plastic, . defined as “A small plastic card that ADVANTAGES & DISADVANTAGES OF .. asset, they are not money and not part of the economy's money supply.
7 Apr 2013 . The term "plastic money" can refer to plastic credit cards, debit cards and . like Sri Lanka are encouraging the use of the plastic money more than cash. .. organizations, individuals and especially to the national economy.