Open AccessASSOCIATION BETWEEN DEMOGRAPHIC FACTORS AND ATTITUDE TOWARDS CREDIT CARD USAGE, AMONG THE HOUSEHOLDS IN KARAVEDDY DIVISIONAL SECRETARIAT IN JAFFNA DISTRICT - SRI LANKA
Author(s) -
T Athiyaman,
Venkat Subramaniam
Publication year - 2018
Publication title -
international journal of research - granthaalayah
Language(s) - English
Resource type - Journals
eISSN - 2394-3629
pISSN - 2350-0530
DOI - 10.29121/granthaalayah.v6.i6.2018.1330
Subject(s) - payment , sri lanka , credit card , purchasing , business , payment card , atm card , payment service provider , finance , actuarial science , commerce , economics , marketing , socioeconomics , tanzania
Technological developments play a significant role in accelerating economic development of nations. One of the important evidence for the above statement is the payment system using the card. This payment instrument is called as credit card. The credit card, also referred to as "plastic money" represents a contemporary payment system in the modern world. It can be stated as a payment tool that provides to the people the possibility of purchasing needed goods or services, without making any payment at that moment of purchase, by allowing them to make such payment at a later time, without charging any additional financial burden.