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37            Plastic Money                                                         Unit 8: Tech-1



















            1.                            is a type of plastic
                 money  that  allows  you  to  borrow  funds
                 from a bank for purchases.


                                                                    2.   A                           card allows you
                                                                         to spend money by drawing directly from
                                                                         your bank account.



                                              3.                              is  a  globally  accepted  plastic  money
                                                   brand, known for its credit and debit cards.




            4.   The use of                           has reduced the need to carry large amounts of cash.


            5.                            payments allow users to make transactions by tapping their card on a
                 reader without inserting it.

            6.   Plastic money helps in reducing the risk of                            compared to carrying physical
                 cash.

            7.   The  introduction  of                            cards  has  made  online  shopping  more  secure  and
                 convenient.

            8.                             technology  embedded  in  plastic  cards  ensures  secure  transactions  by
                 generating a unique code for each transaction.

            9.                             cards  are  often  used  for  specific  purposes  like  transportation  or  meal
                 payments.

            10.  One of the major risks associated with plastic money is                             fraud.





                                Plastic money, Credit card, Debit, Contactless, Theft, Prepaid, Chip-and-PIN, Smart, Credit card, Visa
                                (or MasterCard)



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