PLASTIC CARDS - AN OVERVIEW
DOI:
https://doi.org/10.29121/granthaalayah.v4.i12SE.2016.2480Keywords:
Plastic Money, Electronic Banking, Information TechnologyAbstract [English]
The current study presents an overview of the development of banking in India from time to time specifically focused on the plastic cards usage trends since these have been introduced in Indian banking sector. Various types of plastic cards provided by banks in India like ATM cards, Debit Cards, Credit Cards and Smart cards have been discussed. The study also highlights the role of these cards as electronic payment tool to be used by customers and discusses clearing and settlement process of these cards. Some future plans made by various banks and institutions are also summarized in a way that it depicts the picture of its future growth and prospects in India.
Downloads
References
Arunachalam L. and Sivasubramanian M. (2007), "The Future of Internet Banking in India", Academic Open Internet Journal, Vol. 20 (3), pp. 111-121.
Caskey John P. and Gordon H. Sellon, Jr. (1994), "Is The Debit Card Revolution Finally Here?", Economic Review, Fourth Quarter, pp. 79-94.
Chandrashekhar G. (2007), "India China hungry for more ATMs: Study", The Hindu Business Line. Retrieved April 02, 2008 from
http:// www.thehindubusinessline.com/ 2007/11/29/stories/ 2007112950750600.htm
Choudhury S. (2007), The all-new debit card, Retrieved August 22, 2008 from http://moneytoday.digitaltoday.in/index.php?option=com_content&task=view&issueid=701&id=1333&Itemid=1§ionid=106
Country Survey - India: E-payments get set for Indian summer (2005), Electronic Payments International. Retrieved March 20, 2008 from
www.ncrc.org/global/ australAsia/documents/India_Art_8_3-25-05.pdf
David R. (2007), India's ICICI Bank Gets Smart to Tap Rural Market. Retreived September 23, 2008 from http://www.forbes.com/markets/2007/06/26/icici-india-ruralmarkets-equity-cx_rd_0626markets2.html
De Sarkar Partha, Yadav Surendra S. and Banwet D.K. (2001), "Emergence of Flexible Distribution Channels for Financial Products: Electronic Banking as Competitive Strategy for Banks in India", Global Journal of Flexible Systems Management, Issue 3. Retrieved March 20, 2008 from http://findarticles.com/ p/articles/mi_qa4012/is_200107/ai_n8957497
Deva Vasu (2005), E- Banking, Common Wealth Publishers, pp. 1-14.
Gnanapushpam J. Sheebarani (2007), 10 July, "Short History of Credit Cards", Retrieved May 20, 2008 from http://chennaionline.com/columns/variety/2007/ 07article26.asp
Golden, S. A. R. (2015). Regional Imbalance affecting quality of e-banking services with special reference to Tuticorin District-An Analysis. International Journal of Research, 2(3), 788-798.
Golden, S. A. R., &Regi, S. B. (2015). Satisfaction of Customers towards User Friendly Technological Services offered by Public and Private Sector banks at Palayamkottai, Tirunelveli District. International Journal of Research, 2(3), 775-787.
Golden, S. A. R., Regi, S. B., & Franco, C. E. (2014). A study on Impact of Information Technology (IT) in Modern Banking Sector. Golden Research Thoughts, 3 (11), 1, 4.
Gopinath S. (2005), "Retail Banking - Opportunities and Challenges". Retrieved April 02, 2008 from http:/ /www.bis.org/review/r050531f.pdf?noframes=1
Hirve A.K. (2003), Electronic Banking and Information Technology, The Indian Institute of Banks, Macmillan India Ltd Publishers, pp. 25-28.
KamesamVepa (2003), "Indian Economic ScenarioYesterday, Today and Tomorrow", Speech, Reserve Bank of India. Retrieved April 08, 2008 from http:// www.rbi.org.in/scripts/BS_SpeechesView.aspx?Id=137
Kaul Urvashi, (2007), "ATM of cash: The power", Retrieved April 08, 2008 from http://dqindia.ciol.com/ content/DQTop20_07/ITGaints07/2007/107080306.asp
Regi, S. B., & Golden, S. A. R. (2014). Attitude of Rural People Towards Technology Inclusion In Banking Services At Tirunelveli District. IGJAE–Indo Global Journal Of Applied Management Science, 2 (2).
Regi, S. B., & Golden, S. A. R. (2014). Customer Preference Towards E-Channels Provided By State Of Bank Of India.
Regi, S. B., Golden, S. A. R., & Franco, C. E. (2014). EMPLOYEE PERCEPTION TOWARDS EFFECTIVENESS OF HR PRACTICES IN PUBLIC SECTOR BANKS IN TIRUNELVELI DISTRICT. Tactful Management Research Journal, 2 (6), 1, 4.
WonglimpiyaratJarunee (2007), "E-Payment Strategies of Bank Card Innovations", Journal of Internet Banking and Commerce, Vol. 12 (3).
Downloads
Published
How to Cite
Issue
Section
License
With the licence CC-BY, authors retain the copyright, allowing anyone to download, reuse, re-print, modify, distribute, and/or copy their contribution. The work must be properly attributed to its author.
It is not necessary to ask for further permission from the author or journal board.
This journal provides immediate open access to its content on the principle that making research freely available to the public supports a greater global exchange of knowledge.