Plastic Money
Plastic money is the name given to all      types of plastic bank cards
There are 4 advantages of using plastic money:1> It guarantees cheques2> It can obtain cash from the ATM
3>It can pay for goods by electronic funds  transfer at the point of sale (EFTPOS)
4>You can buy goods on credit
Some types of plastic money are cash cards
ATM cards
credit cards, debit cards
Smart cards
The Smart card carries a microchip withinformation on the holder
Some names of ATM are ATM agribank, ATMVietcombank, ATM ACB, ATM BIDV,
A customer can use an ATM card by inserting the cardand key the PIN number in and then by following a clearset of instruct...
The teller in a bank in America is a personreceiving and handing out money
Credit cards are used for payment of goods atsupermarkets, stores, shopping centers
Credit Card Processretailer       voucher                               Pay money          voucher                        ...
There’s an electronic device to read the credit card.
A customer signs 3 copies of each voucher-one for himself, one for retailer and one forthe bank.
The credit card company charges retailersround 4 percent of the total value ofpurchases.
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Plastic money

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Plastic money

  1. 1. Plastic Money
  2. 2. Plastic money is the name given to all types of plastic bank cards
  3. 3. There are 4 advantages of using plastic money:1> It guarantees cheques2> It can obtain cash from the ATM
  4. 4. 3>It can pay for goods by electronic funds transfer at the point of sale (EFTPOS)
  5. 5. 4>You can buy goods on credit
  6. 6. Some types of plastic money are cash cards
  7. 7. ATM cards
  8. 8. credit cards, debit cards
  9. 9. Smart cards
  10. 10. The Smart card carries a microchip withinformation on the holder
  11. 11. Some names of ATM are ATM agribank, ATMVietcombank, ATM ACB, ATM BIDV,
  12. 12. A customer can use an ATM card by inserting the cardand key the PIN number in and then by following a clearset of instructions
  13. 13. The teller in a bank in America is a personreceiving and handing out money
  14. 14. Credit cards are used for payment of goods atsupermarkets, stores, shopping centers
  15. 15. Credit Card Processretailer voucher Pay money voucher through Clearing System statement Redit Card Company
  16. 16. There’s an electronic device to read the credit card.
  17. 17. A customer signs 3 copies of each voucher-one for himself, one for retailer and one forthe bank.
  18. 18. The credit card company charges retailersround 4 percent of the total value ofpurchases.
  19. 19. Thank you for listening
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