Cash has always been a currency which dominated the exchange of money. But in today's modern world, everything is going digital, from education system to seminars, exchange of money is also going cashless. We can digitaly transfer the amount to any person without cash and Credit card has become the most convinent option to transfer money. But most people are having little knowledge about the credit card, its usage and advantages. Indeed, some people are afraid to use credit card and some even don't consider as a source of transfering money because they are afraid about the misuge of credit card, what to do when the credit card is lost etc.
Credit is fairly new concept with the history of finance but it has placed its value in new generation. In my opinion credit card option is far better than paper money. First of all considering environment, it can easily be treated way ahead than paper money. Secondly, ease of convinence is more in credit card, just keep a card for all payment options. Also, credit card gives a option to pay money after the billing period which ranges around 18-20 days.
People don't have time, we are all busy and people consider paper money as a fast way of exchanging money as billing by credit card takes time. But Credit card is evolving like it never did, now there is no requirement to swipe the card for less amount of money. Just tap it and money is debited from credit card holder, instant process isn't.
Cash has always been a currency which dominated the exchange of
money
.
But
in
today
's modern world, everything is going digital, from education system to seminars, exchange of
money
is
also
going cashless. We can
digitaly
transfer the amount to any person without cash and
Credit
card
has become the most
convinent
option
to transfer
money
.
But
most
people
are having
little
knowledge about the
credit
card
, its usage and advantages.
Indeed
,
some
people
are afraid to
use
credit
card
and
some
even don't consider as a source of
transfering
money
because
they are afraid about the
misuge
of
credit
card
, what to do when the
credit
card
is lost
etc.
Credit is
fairly
new concept with the history of finance
but
it has placed its value in new generation. In my opinion
credit
card
option
is far better than paper
money
.
First of all
considering environment, it can
easily
be treated
way
ahead
than paper
money
.
Secondly
,
ease
of
convinence
is more in
credit
card
,
just
keep
a
card
for all payment
options
.
Also
,
credit
card
gives
a
option
to pay
money
after the billing period which ranges around 18-20 days.
People
don't have time, we are all busy and
people
consider paper
money
as a
fast
way of exchanging
money
as billing by
credit
card
takes time.
But
Credit
card
is evolving like it never did,
now
there is no requirement to swipe the
card
for less amount of
money
.
Just
tap it and
money
is debited
from
credit
card
holder, instant process isn't.