This problem is partly due to contamination of our recyclables because many of us dont know exactly what is and is not. Powerpoint presentation on money, paper money, plastic. Suggestion that requires for plastic money industry is that insurance and other security should be available for the security of plastic money. Global cards can be used as credit cards instead of cash and traveler cheques while traveling abroad to foreign countries for. Card issuer company has to make their advertisement more effectively to attract more number of people. This study was conducted to know about the different types of plastic money and to evaluate relationship between the educational background and users of plastic money. Money one of the most important factor for living life. Review of related literature according to patil 2014, plastic money refers to the credit cards or the debit cards that we use to make purchases. Zimbabwe is ready for plastic money as a cash crisis. Conclusion of merits and demerits of plastic money. Project report on plastic money in india free download as word doc. User friendliness and feasibility are the main features of plastic money that have made plastic money popular not only in india but also all over the world. Figure 1 shows the trajectories of the eight cases in the project, plus the usa, during the 19902008 period.
In october, bank negara malaysia introduces a 5 ringgit polymer banknote into circulation, with the same design as the paper version. Plastic money definitely provides an alternative in some cases and compliments cash as a medium. They can come in many different forms such as cash cards credit. With a history of plastic money, you cannot ignore charge cards. From december 2003 to august 2006, vietnam adopted polymer banknote in 10,000, 20,000, 50,000, 100,000, 200,000 and 500,000 d. Chargit chargit was the first actual bank card and was issued in 1946. In eshopping, merchant should create trust and loyalty to customers which influence to purchase on.
Information and translations of plastic money in the most comprehensive dictionary definitions resource on the web. These cards can be used to buy things from the market. In india, banks are increasingly using information technology for improving the quality. Conclusion of merits and demerits of plastic money 1500542 plastic money is the special term used for the hard cards in banks instead of normal paper money. This problem is partly due to contamination of our recyclables because many of us don. Project report an analysis of the use of plastic money in. However, plastic money has its share of issues that one must be careful about. To judge the comparative spending pattern of active and inactive card holders. The major change in banks which has been brought in by the technology is through introduction of products which are alternative to cash or paper money. The government should lead the effort of promoting the use of plastic money on its many stations and newspapers the government tax. All debit cards, credit cards, forex cards,prepaid cash cards,store cards which use in place of bank notes or actual currency for promoting digital transaction is known as plastic currency.
Affordable and search from millions of royalty free images, photos and vectors. The alternative plastic recycling system run by brilliant people around the planet. Companyissued charge cards can be found as far back as the early 1900s. This lesson is a guided discussion about the nature of money. Jul 24, 2015 43888714 plastic money full project 1. Miniature model group of businessman thinking with project of similar images. Vishal project plastic money credit card debit card. In many cases, photo card can also be used as identity card. Westport and municipalities like ours used to earn money from sale of our recyclables, but as of 2019 it now costs the town to have our recyclables processed. Plastic money ppt plasticmoney orientation elements. They can come in many different forms such as cash cards credit cards debit cards prepaid cash cards instore cards 3.
Plastic money pdf plastic money full project free download as word doc. As youve probably heard in the news, worldwide markets for recyclables have recently collapsed. Plastic money is a term that is used predominantly in reference to the hard plastic cards we use everyday in place of actual bank notes. A study on the importance and popularity of plastic money. Pdf customers perceptions about plastic money towards. A study on the importance and popularity of plastic money in. These cards mainly just kept customers loyal to the company. It all started with a simple credit card that allowed you to make purchases today and pay later. How did all start, in history you might have learnt batter system where goods were traded for goods, then came an era where gold and silver coins came into being, then we modernized we stared using paper notes and coins for trading of goods and services.
Apr 17, 2016 plastic money is a term that is used predominantly in reference to the hard plastic cards we use everyday in place of actual bank notes. The new fiver, as the fivepound note is known, is printed on a flexible polymer material. Financial services section of our research repository. An abstract on plastic money pdf download by sasidhar karetimarch 01, 20 0. An analytical study on use of plastic money in india. Plastic money was introduced in the 1950s and is now an essential form of ready money which reduces the risk of handling a huge amount of cash.
To analyse the risk factor involved in the usage of plastic money and legal protection available to card holders. A study on the importance and popularity of plastic money in aluva. Search and upload all types of concept of plastic money projects for mbas on. Concept of plastic money by balajiv ganesh in finance. Plastic money has emerged as a cost effective and convenient way to make financial transactions. This is a research report on concept of plastic money by balajiv ganesh in finance category. Why plastic money could be your new best friend incentives by the modi government. The plastic portion of this term refers to the plastic construction of credit cards, as opposed to paper and metal of currency. Scribd is the worlds largest social reading and publishing site. Britains new plastic money can survive a washing machine.
Canada purchases its plastic money from a company in australia, one of nearly two dozen countries where a plastic currency is already in circulation. The issuer of the card grants a line of credit to the consumer or the user from which the user can borrow money for payment to a merchant or as a cash. The shopping plastic bag first made its way into our life for convenience when. Plastic money or polymer money, made out of plastic, is a new and easier way of paying for goods and services. The plastic money generally a credit or debit card with a magnetic strip many people carry in their wallets or purses is the end result of a complex banking process.
Plastic money has many advantages when compared to paper money, but the convenience of plastic money makes it easy to spend beyond means. Technology has changed the way we deal with money giving us more convenience and easy access to funds from anywhere. Over 33,954 plastic money pictures to choose from, with no signup needed. For example, cash cards, debit cards, credit cards, prepaid cards, and store cards. Charge cards laid the groundwork for debit and credit cards.
The issuer of the card grants a line of credit to the. To trace out the origin and development of plastic money. Conclusion of merits and demerits of plastic money 1500542 plastic money is the special term used for the hard cards in banks instead. The private banks are leaders in credit cards issue while public sector banks lead in debit cards. For extremely valuable discussions and feedback throughout this project. As a part of this, modern banks propelled plastic money find, read and cite all the. A slang phrase for credit cards, especially when such cards used to make purchases. Holders of a valid card have the authorization to purchase goods and services up to a predetermined amount, called a credit limit. Today credit and debit cards have largely replaced cheques as alternatives to cash.
When a photo is imprinted on the card, it helps to identify the user of the credit card and is considered to be safer. The term plastic money can refer to plastic credit cards, debit cards and eftpos cards, and in many countries, this is the only common meaning, but in some countries, it can refers to the banknotes notes or bills that are made out of a type of plastic that is is floppy and easy to bend, like paper, but it is waterproof, and difficult to tear. There are several possible scenarios in making plastic money acceptable in. Plastic money its technical and monetary importance educba. To study the procedural aspect in the operation of plastic money. Plastic money ppt plasticmoney orientation elements mesbah. You can start or join one of these precious plastic spaces in your town and start tackling the plastic problem. Evaluate the possible benefits which plastic money can bring to rural communities in zimbabwe. Report plastic money full project please fill this form, we will try to respond as soon as possible. The money portion is an erroneous reference to credit cards as a form of money, which they are not. Polymer banknotes are banknotes made from a synthetic polymer such as biaxially oriented polypropylene bopp. The entry of private players and adoption of information technology have brought transformation in. You can start or join one of these precious plastic spaces in your town and start tackling the plastic waste problem.
Uruguayan project uses virtual money to encourage plastic. Plastic money full project free download as word doc. Peter, a young mba graduate joins a large software firm as a business development executive. Both are reasonably secured compared to cash and are widely accepted. The paper evaluates the issues and challenges of plastic money usage in india.
Clear plastic donation box with money and copy space isolated similar images. The use of plastic money raises many questions on technical security, control and audit systems, most favoured technology to detect frauds and operational problems, foreseeing and plugging the weak spots of the cryptography based system. Suggest possible solutions to challenges in the adoption and use of plastic money in zimbabwe. The growth and progress of plastic money was assessed to bring up a clear picture of trends in india. We show that whenever money and credit coexist, equilibrium is. What are plastic bags a convenience, a nuisance, a problem, dangerous. This is a research report on concept of plastic money uploaded by balajiv ganesh in category. The entry of private players and adoption of information technology have brought transformation in the way financial.
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