What is the difference between Cash and credit cards, checks

As a payment tool credit card has become widespread in many countries in the economic indispensable means of exchange, compared with cash and checks, it is able to provide consumers and businesses, bringing more convenience to fully reflect the superiority of the credit card.

1.In terms of size, weight or amount, cash is more thick and complex than credit card;

2. Cash easily be stolen, but also difficult to recover;

3. Check their own shortcomings. First, check is not easy to carry, and the other is difficult to check the use of cross-regional, mainly to guard against the risk of bad checks. Check guarantee services only partially to guard against the risk of bad checks, and the high cost of security, usually 1% -2.2%, with a high degree of risk of the drawer even have to pay as much as 5% of the guarantee fee;

4. The use of credit card promoted the use of mail order, phone orders and on-line shopping and so on the way.Before the credit card appear people must be made in the list after completing the purchase of goods and mail it along with check out this extremely time-consuming. Through credit card transactions can greatly save time and improve transaction efficiency.