AN ECONOMIC AND ENVIRONMENTAL APPROACH OF CREDIT CARDS IN INDIA Ranita Ghosh, Lecturer, Vivekananda College for Women, Barisha Abstract: Credit cards are not just convenient, they stimulate economic growth. Credit cards have had a meaningful impact on the economy.Apart from its property of user friendliness and feasibility,it is eco-friendly for the environment.In this paper an attempt has been made to analyse the environmental impact of card payment system of India and comparison of this with
, in an easy and efficient manner. eCommerce Gateways, or online Payment Gateways, can be compared to a physical POS (Point–of–Sale) of a traditional retail stores , where credit / debit card is swiped at billing desk or payment is made in cash , in online retail
Payment Card Industry (PCI) which is a section of the financial industry. Major commercial industries related to Payment Card Industry (PCI) are any form of money card (i.e. credit, debit, prepaid and electronic cards), automated teller machines (ATMs), point of sale (POS) terminals and all forms of interlinked industries. The Payment Card Industry Data Security Standards that are used globally are created by the Payment Card Industry Security Standards Council. Notable worldwide acknowledged card brands
Advantages of Placing Money in Domestic Bank Account Placing money in domestic bank account has some advantages to the saver from any income groups in every country. The advantages of placing money in domestic bank account are: 1. Money in Domestic Bank Account are Insured The money in every saver account in domestic bank is insured by most of the bank around the world according to the legislation term of every nation. In Malaysia, according to Perbadanan Insurans Deposit Malaysia (PIDM) all commercial
accept digital wallets? Can see few people are start using digital wallets at Singapore for payment at Supermarket or restaurant. The following is a research of digital wallets for future. The research involves what is digital wallets and advantage and disadvantage of digital wallets and how it working. The research also includes security and trust of the digital wallet and how people think about it. TABLE OF CONTENTS Page Executive summary
Charge cards provide you with the convenience of purchasing power based on your agreement to pay the full amount of the charges due each month, so there is no finance charge. The American Express Card for Students (the green Card) is an example of a charge card. Credit cards provide you with a revolving loan—or credit limit—based on your agreement to pay at least the minimum amount due on the amount of credit you use by the payment date. A finance charge is applied to the outstanding balance—the
E-Tendering : Unordered list item sending requests for information and prices to suppliers demand receiving their responds. 4. E-Sourcing : Identifying suppliers for a specific category of purchasing requirements. Advantages of adopting E-Procurement E-procurement enhances the comparability of prices and suppliers Effective E-procurement minimizes process costs by fast transaction of the purchasing orders. E-procurement reduces the energy expended. Especially
2.2 ADVANTAGES AND DISADVANTAGES OF E-COMMERCE There are many advantages an e-commerce offer to customers and businesses, but there are also disadvantages of ecommerce. Listed below are the advantages and disadvantages of e-commerce to businesses and customers based on the article by Tokokoo (2010) Advantages of E-commerce For customers: • Business Hours 24/7 Online store have no opening hours and closing
is needed by those person. But commodity money solves these problems and allows the people to buy the thing that is needed by them without considering the need of seller. In this regard, things like shells, salt and pebbles came into existence. Disadvantage: The problem with a payments system based exclusively on precious metals is that such a form of money is very hard and is hard to transport from one place to another. For example: Person A can sell his wheat to C person in return of shells as a
favor and attract top talent later. . The advantages And Disadvantages Of Using Flexible spending Accounts At Harris & Cox Inc. The staff could renounce in advance they have intended their full amount and the company is accountable for the full reimbursement. According to Kiernan Vaccaro, There are other reasons apart from tax savings that should make employers to offer flexible spending accounts. Extra paperwork; in relationship to a flag group