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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 cheques
2> 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 with
information on the holder
Some names of ATM are ATM agribank, ATM
Vietcombank, ATM ACB, ATM BIDV,
A customer can use an ATM card by inserting the card
and key the PIN number in and then by following a clear
set of instructions
The teller in a bank in America is a person
receiving and handing out money
Credit cards are used for payment of goods at
supermarkets, stores, shopping centers
Credit Card Process
retailer       voucher




                               Pay money          voucher
                               through Clearing
                               System




                   statement         Redit Card Company
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 for
the bank.
The credit card company charges retailers
round 4 percent of the total value of
purchases.
Thank you for listening

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