e-banking and plastic money : Banknet India


Home \| Books \| Free Newsletter \| DAILY NEWS \| BACK TO MESSAGE BOARD

banking

finance

jobs

technology

publications

NRIs

BPO

message

Name :	Madhava Menon
Subject:	e-banking and plastic money
Message :	In this forum, we already had lot of discussion on e-banking. Plastic Money is of various forms it could credit cards, debit cards or stored value cards. The technology can be a simple plastic using a magnetic strip or a smart card which has an in-built chip. It is expected that smart cards would replace the magnetic strip cards as smart cards are more secure the only draw back right now is the cost factor.