Question

write an article plastic money and cashless society word limie150-200​

Answer 1

Answer:

After the demonetization move, the Central Govt is advising the people to use Debit Cards, Credit Cards etc for their day-to-day transactions. Even the PM Modi, in his pet Talk Show " Mann Ki Baat" raised the issue and advocated the use of Plastic Money and transforming the country system from cash transactions to cashless transactions.

So we can realize that the age of plastic money has finally dawned in India. Now having such cards will become necessary in India. But before that also, people in great nos, especially in cities, had started using the credit/debit cards.

Recently Paytm, India's largest m-commerce platform has also made some announcements regarding relaxation in its services. Its Founder, Mr Vijay Shekhar Sharma has said during interview that 'Paytm could make a big leap from 1.5 million PoS to a 15 million PoS level once they enable it on every smartphone that a merchant has.'

There are many categories of credit cards. Each category depends upon on our annual income and frequency of usage. The more exclusive is our card category, the higher is the value of services offered