Change is the name of the game today. We all look forward to better options which can make our lives better and easier. Convenience wins out over qualities such as loyalty, steadiness, and discipline. In the fast-paced world of today, speed and convenience top the list of people’s greatest demands. Today’s people prefer to fly rather than take the train. We call and text each other at the drop of a hat. The Internet has ended up making our lives busier than ever as instant noodles stop being the only “instant” thing in the world. Living in the moment has acquired a whole new meaning even as we place more and more stress on getting things done as soon as possible.
It is no wonder that money is being edged out as the preferred mode of payment. And which mode of payment is preparing itself to reign supreme over the world in the near future? There are no prizes for guessing this one. Yes, you are right. It is the credit card. Clearly, the credit card today has advantages that money itself lacks. It is compact and can be carried any and everywhere. If you do lose it somehow, the money will not get pinched — at least, not if you react on time by...