what are the disadvantages of plastic cards
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There r so many disadvantages of plastic cards.
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Explanation:Disadvantages of using payment cards for purchases
Card fraud - if the card details are discovered or revealed, you may find fraudulent purchases appearing on your statement. If this is due to an employee's negligence, your business will be liable for the payments. Financial Fraud Action UK provide guidance on preventing card fraud.
Debt - with the convenience of a plastic card and the time lapse between purchase and payment, it can be tempting to overextend yourself and build up debts for the business. Remember, if you make purchases with a credit card and don't pay off the bill in full, you'll incur interest charges.
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