Questioned Documents: Plastic Currency

The term plastic currency is used predominantly in reference to the hard plastic cards that are issued by the banks or an authority that provides certain rights to the customer or the user, some of them being able to make payments, enter into a secure area with many such other uses.

 · The term plastic currency has been used in different settings to describe wide variety of payments systems and technologies.

 · Plastic currencies are the alternative to the cash or the standard money.

 · Plastic currency is the generic term for all types of cards such as, Bank cards, Credit cards, Smart cards, etc.

 · Plastic currency was introduced in 1930 and now it is an essential form of money.

 · Citi Bank was the first bank in 1991 to launch credit card in India.

Let us know more about the Plastic currency through the given video lecture.