Cash and credit card both are popular mode of payment. As credit card is a new concept many people are not aware of using it properly so still cash mode is more prefered by people. When we carry cash there is a constant fear of stolen of wallet, also it is not convenient to carry lot of cash. Where as credit card can be carry and use easily and it is password protected so it is safe. Even if we lost it we can block it so our money will be safe. Although there is a chances of fraud while shopping online with credit card, many fraudulent websites ask for credit card details and use it. Many people become victim of fraud while using credit card for online transactions. Due to fear of cheating people prefer cash mode over credit card payment. According to me pay through credit card is easy and convenient if we have knowledge of how to use it.
Cash
and
credit
card
both are popular mode of payment.
As
credit
card
is a new concept
many
people
are not aware of using it
properly
so
still
cash
mode is more
prefered
by
people
. When we carry
cash
there is a constant fear of stolen of wallet,
also
it is not convenient to carry
lot of
cash
.
Where as
credit
card
can be
carry
and
use
easily
and it is password protected
so
it is safe. Even if we lost it we can block it
so
our money will be safe. Although
there is a chances
of fraud while shopping online with
credit
card
,
many
fraudulent websites
ask for
credit
card
details
and
use
it.
Many
people
become victim of fraud while using
credit
card
for online transactions. Due to fear of cheating
people
prefer
cash
mode over
credit
card
payment.
According to me
pay through
credit
card
is easy and convenient if we have knowledge of how to
use
it.