Question

the plastic money is also called as e-money. why
short answer

Answer 1

Plastic Money consists in a shape of Master card, debit card, credit card and ATM card. The basic purpose of plastic Money is to facilitate the People easily and quickly in case of Cash/MoneyTransaction

Answer 2

The Plastic Money is called E-Money as we are not using hard copy of the product. Also, it's an Electronical Method of having money. Since we call this modern generation as E-Gen (or) E- Generation also, thus comes the name E-Money...

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