Paper Money VS. Plastic Money: A Comparative Analysis!

In the economic sector, it is currently a hot topic that which one will stand out in future among paper money and plastic money and so far nothing looks clear in this regard. Although it is unclear but by going through a comparative evaluation among both of them, you may get some idea and for that this write-up will definitely assist you.

This comparative evaluation of both plastic money and paper money consists of some prominent demerits and merits of both of them. You must know that both of them benefit people somehow or other when it comes to making purchases.

It is important to know that in the nearer future it is unpredictable, which one of them will actually dominate. Following is the complete comparative evaluation of paper money and plastic money so make sure you go through them rigorously.

Pros Of Plastic Money

While digging out precisely, you will come across lots of pros of using plastic money and below are some of its pros so take a look at them thoroughly.

Cons Of Plastic Money

Yes, plastic money also has some cons, which you cannot overlook so make sure you go through the following points carefully.

Pros Of Paper Money

Traditionally, it was only paper money, which people would use to make purchases before the arrival of plastic money and its value still persists in our society. Following are some prominent pros of paper money so take a look at them.

Cons Of Paper Money

As paper money has advantages so at the other hand it also has disadvantages, which you cannot overlook.


After going through this comparative evaluation, you will have come across the fact that neither of them is able to facilitate the masses single-handedly when it comes to make purchases. Both of them have pros and cons so leveraging both of them with a balanced approach is the right decision.

Author Bio

Laura Davidson is a Finance Manager. After passing out from a reputed business school with a degree in MBA, she joined a private firm and has been service the company since the last ten years. She is also the best essay expert in UK and has the ability to produce quality essays.

Exit mobile version