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Plastic money is an alternate to the Cash or the accepted 'money'.
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What are the factors for adoption of plastic money?
The factors for adoption of plastic money in replacement of cash and paper money have been identified which shows the preference of the customers for plastic cards over the cash and paper money.
How is the study of plastic money carried out?
The Study is been carried out by taking a survey of 200 respondents by non probabilistic convenience sampling method from a city of Rajkot by using structured questionnaire and interview technique.
Which is better plastic money or credit money?
Plastic money has emerged as a cost effective and convenient way to make financial transactions. The private banks are leaders in credit cards issue while public sector banks lead in d ebit cards. The penetrati on of cards is low. The conservative consumers prefer debit cards over credit cards.
What are the issues and challenges of plastic money?
The cases of card frauds by cloning are issues, which require urgent attention of industry and regulator. The paper concludes by evaluating the advantages and challenges of plastic money. Content may be subject to copyright. The paper evaluates the issues and challenges of plastic money usage in India. The entry of private players and adoption of
Last Update: Oct 2021
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