Economy, asked by sushilbhope2871, 1 year ago

Plastic money need & ipmortance

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Answered by avi022002gmailcom
0
Plastic Money has revolutionised the economy. The term 'plastic money' refers to the use of technology to facilitate digital transactions that can be conveniently carried out without having to visit the banks every time.


Plastic Money has a host of advantages. First and foremost, the transactions are very transparent when done via technology. This keeps corrupt practices at bay. Further, plastic money is extremely convenient to use. There's no need to carry lots of paper currency in your wallet- all you need is a smart debit card! 


Plastic money is very secure too- in the event that you lose your cards, you can immediately get them blocked. 

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