This document compares plastic money to paper money. It conducted a study through questionnaires with 29 participants from different age groups, professions, and income levels. The study found that 65% of respondents preferred using cards over cash, with plastic money seen as more reliable, secure, and convenient than paper money. A t-test analysis of the data concluded that plastic money is better than paper money. The document thus recommends that stakeholders expand the role of plastic money through education and practices that improve security.

1. PLASTIC MONEY IS BETTER THEN
PAPER MONEY
Presented By:
Sunita Amir
Umair Qureshi
S.M.Younus
Kamran Ahmed

2. WHAT IS MONEY???
Money means more than the coin, paper
or plastic to acquire goods and services.
Money is linked to complex emotions,
feelings and behaviors. Each person has
"money messages" that are based on
past experiences, what you observed
and what you were taught. These money
messages reflect the attitudes,
perceptions and expectations that
influence your financial behaviors
today.

3. MONEY IS POWER”, OR SHALL WE SAY, “THE
MONOPOLY TO CREATE CREDIT MONEY AND
CHARGE INTEREST IS ABSOLUTE POWER”. -ALEX JAMES

4. PAPER MONEY

Currency in the form of
government notes and bank
notes

Cash in the form of banknotes

Currency in paper form, such as
government bank notes, as
distinguished from metal
currency.

5. HISTORY
The paper was firstly originated as in the form of
coins of semi precious metals
But it was very soon replaced by the currency notes
due to problems like their heavy weights,
depreciation, leas availability of metals and difficulty
of carrying bulk amounts.
Today bank notes have even become water and fire
proof ensuring long life and lesser depreciation

6. SOME INTERESTING FACTS

Most banknotes are made from cotton paper with a weight of 80 to 90
grams per square meter. The cotton is sometimes mixed with linen, abaca,
or other textile fibers.

Early Chinese banknotes were printed on paper made of mulberry bark and
this fiber is used in Japanese banknote paper today.

Unlike most printing and writing paper, banknote paper is infused with
polyvinyl alcohol or gelatin to give it extra strength.

Most banknotes are made using the mold made process in which a
watermark and thread is incorporated during the paper forming process

The thread is a simple looking security component found in most
banknotes. It is however often rather complex in construction comprising
fluorescent, magnetic, metallic and micro print elements.

7. USES OF MONEY




Medium Of Exchange
Unit Of Account
Storage Of Value
Standard Of Deferred
Payment

8. Plastic Money

Plastic money or polymer
money, made out of plastic, is a
new and easier way of paying
for goods and services. Plastic
money was introduced in the
1950s and is now an essential
form of ready money which
reduces the risk of handling a
huge amount of cash. It includes
Debit cards, ATM, Smart cards,
etc.

9. TYPES OF CARDS






Debit Card
Credit Card
Charge Card
Amex Card
Smart Card
Photo Card






Maser Card and VISA
Diner Club Card
Global Card
Co Branded card
Affinity Cards
Add on Cards

10. ADVANTAGES

Offer free use of funds, provided you always pay your balance in
full, on time.

Be more convenient to carry than cash.

Help you establish a good credit history.

Provide a convenient payment method for purchases made on the
Internet and over the telephone.

Give you incentives, such as reward points, that you can redeem

11. DISADVANTAGES

Cost much more than other forms of credit, such as a line of credit
or a personal loan, if you don't pay on time.

Damage your credit rating if your payments are late.

Allow you to build up more debt than you can handle.

Have pretty complicated terms and conditions

12. STATEMENT
H0: Plastic Money is better then Paper Money
HA: Plastic Money is not better then Paper Money

13. METHOD
This research was conducted by questionnaire and
investigated multiple age groups to identify the
preference and usage of Plastic Money over Paper
Money.
A total of 29 questionnaires were distributed
among students, colleagues, employees, business
individuals… to gauge the open ended results.

14. BASIC CRITERIA
Age Group:
 18 – 25
 26 – 33
 34 – 41
 42 & above
Profession:
 Business Individuals
 Students
 Employed
 House Wives
Income Range:
 < 150,000
 150,000 - 300,000
 300,000 – 450,000
 > 450,000

15. Study outcomes

16. CONCEPT OF PLASTIC MONEY

17. AVAILABILITY OF PLASTIC MONEY
70%
65%
60%
50%
40%
30%
20%
10%
0%
Card

18. PAYMENT PREFERENCES
13%
Both
65%
Card
35%
Cash
0%
20%
40%
60%
80%

19. HOLDING PREFERENCES
Cash,
35%
Card,
65%

20. RELIABILITY
65%
35%
13%
Cash
Card
Both

21. EXPENSIVE
Card
Cash
65%
35%

22. SECURITY
Cash
35%
Card
65%

23. RESPONDENT APPROACH

Not preferring Paper Money
48%
50%
45%
40%
35%
30%
25%
20%
15%
10%
5%
0%
14%
3%
Fear of Theft
Increasing
Duplicity
Wear and Tear
of Paper Money
4%

4%
4%
3%
3%
2%
2%
1%
1%
0%
Not preferring Plastic Money
2%
2%
1%
Instable
income
1%
Lack of
Mal
Mal
Lack of
knowledge practices by practices by Trust Misuse
outlet
Bankers
by other
owners

24. RESPONSES

25. CALCULATIONS
Data:

Total Numbers (n) = 29

Population Mean (x)= 2.65 (µ)

Pop. St. Deviation = 0.875

Alpha (α) = 0.05
T cal(0.05)= ±1.645
T-Test = 2.65 – 2.64
(0.875)/ √29
= 2.089
Conclusion:
Accept H0
1.6
5

26. CONCLUSION
Thus we could conclude that in the era we are living the
use of the “Plastic Money” have drastically increased
and people prefer more use of plastic money as
compared to paper money.

27. RECOMMENDATION
The stake holders need to play a vital role in
expending the role of Plastic Money, thus by giving
awareness and literacy to the consumers.
Adopt practices which reduce risk and fraudulent
experiences.