Annals of the University of Oradea: Economic Science (Dec 2012)

THE CARD - CURRENCY WITH AND WITHOUT CASH

  • Nicoara Mihaela,
  • Tirlea Mariana Rodica

Journal volume & issue
Vol. 1, no. 2
pp. 620 – 628

Abstract

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Use by individuals and businesses resulting in reduced cash cards in circulation, the corresponding increase in transfer payments and payments accounts also limit exchange risks and make effective use of currency. As a result, we have the effect of reducing cash in circulation. These advantages are also available for businesses and for banks and leads to favorable effects on import-export business. Following this, banks can diversify our products, so to meet customers' new products.

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