Changes in lifestyles

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1. Changes in Lifestyles 2. Introduction <ul><li>Computer use now affects our daily lives in many ways, some more obvious than others.…
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  • 1. Changes in Lifestyles
  • 2. Introduction <ul><li>Computer use now affects our daily lives in many ways, some more obvious than others. </li></ul><ul><li>It is called Social Impact </li></ul><ul><ul><li>They affect cultural practices, rules of behaviour, ways of doing business and other work-related activities. </li></ul></ul>
  • 3. Cashless Society <ul><li>It means a society that would not need to handle money in the physical form of notes or coins. </li></ul><ul><li>Types of Non-Cash payment </li></ul><ul><ul><ul><li>Credit and Debit Cards </li></ul></ul></ul><ul><ul><ul><li>Prepayment Cards </li></ul></ul></ul><ul><ul><ul><li>ATMs </li></ul></ul></ul><ul><ul><ul><li>Smart Cards </li></ul></ul></ul><ul><ul><ul><li>E-commerce (Electronic Commerce) </li></ul></ul></ul>
  • 4. Credit and Debit Cards <ul><li>Debit Card </li></ul><ul><ul><li>Spend using Card </li></ul></ul><ul><ul><li>Cash deducted from account immediately </li></ul></ul><ul><li>Credit Card </li></ul><ul><ul><li>Spend Now Pay later </li></ul></ul>
  • 5. ATMs <ul><li>Automatic Teller Machine </li></ul><ul><ul><li>Allow you to withdraw money </li></ul></ul><ul><ul><li>Allow you to pay bills </li></ul></ul>
  • 6. Smart Card <ul><li>Looks like an ATM card. </li></ul><ul><li>Multipurpose databank which stores personal biodata, medical history account banks, etc. </li></ul><ul><li>Makes use of embedded microchip </li></ul><ul><ul><li>More secure </li></ul></ul><ul><ul><li>Can perform other functions </li></ul></ul>
  • 7. Barriers of cashless society <ul><li>Economic Hurdles </li></ul><ul><li>Consumer Resistance </li></ul><ul><li>Privacy Concerns </li></ul><ul><li>Counterfeits </li></ul>
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