I want information regardingthe importance of plastic money

Abstract:
Plastic money is a term that is used predominantly in reference to hard plastic cards that we use every day instead of actual bank notes. They can come in many different forms such as cash cards, credit cards, debit cards, prepaid cash cards and store cards and plastic money is the use of technology to transfer money to another bank account for your goods and services. These transfers should not only be within the same bank or the same person bank account, it may be a third party transfer in the same bank or any other bank, in the same city or in another city, including transferring money to another county It is Possible using technology

Introduction:
The banking sector is in a transactional mode towards a vibrant global market and sophisticated information technology. Because of this changing scenario banks are paying more attention to expanding their activities from only loans and loans to other purposes such as insurance, commercial banking, leasing, electronic banking and so on. The plastic card is the form of the currency of choice in the consumer society that the world is today. The roots of the credit card industry date back to the 1950s when Diners Club and American Express launched their credit cards in the United States today, perhaps with the exception of icy polar caps, cards are ubiquitous and have Gained popularity as an important payment mechanism. The potential for the plastic card is best reflected in the fact that about 18% of personal spending worldwide now goes through this method, compared to a slim 0.5% in India.

Advantages
The cost of printing currencies
The cost of disposing currency
Go green
Anytime anywhere banking at minimum cost and effort
Keep a track on your account and pay your bills on time