Essay --

2.1. mathematical function of Demographics in Plastic Card UsageHowever, much of the literature has been focusing on demographic movers as significant variables in selection and practise of payment mode. In Singapore, Gan and Maysami (2006) found that de nonation rag selection is ground on the convenience, economic, and protection. On the other hand, factors like travel convenience and account of the identity card be less important in credit card selection in Singapore. By analyzing the demographic factors, questioner found that the mountain with better education and high income reach less importance to economic-promotional factor while choosing the credit card. Old age and married people give more weightage to convenience protection, while Singaporean males give more mensurate economic factor and females give value to promotion. Additionally, other researchers open examined the force of demographic variables on the adoption of alternative payment options. Borzekowski, Kiser and Ahmed (2006) analyzed info from 800 individuals, and found that debit entry card usage is decreased with age and increase with education. Moreover, the usage is more common in women than men. In addition to this, research also revealed that individuals have a tendency to increase the usage of debit separate when they expect financial stress in the future. A study, found on Krishnagari India, found that issuance of credit card has increased during then(prenominal) five years and majority of sampled credit card holders have lordly perspective toward the credit cards. Reasons for this positive attitude be availability of pecuniary resource in emergency through credit card and shopping without give cash. Demographic variables that significantly affect the attitude of credit card holders are family income of credit card hol... ...rnational students owe on all their credit cards, whereas, it does have significant positive impact on number of credit cards internationa l students have. Moreover, country of origin does not have significant resultant on credit card ownership or number of credit cards, but it does have effect on outstanding balances international students owe on all their credit cards. Also, Themba and Tumedi (2012) focused on the credit card ownership and usage in Botswana, and their association with demographics and attitude towards debt. The consequences of the study detect that those who own more cards are more likely not to pay their outstanding balances in full. Results also showed that only age and sexual activity seem to be significantly related to attitude towards debt where the youth and females are more likely than other demographic groups to have negative attitude towards debt.