Can Charge card be a Prospective Replacement of Conventional and Islamic Credit card in Bangladesh?

Abstract: 

Bangladesh is in the upsurge mood in its plastic money industry especially in the Credit card industry. Though the number of Credit card holders are increasing day by day, a large group of customers till remained untapped due to their religious belief, reluctance towards the high interest rate, complex payment system or/and for some features of prevalent cards. This study brings in charge card as a preferable alternative of existing plastic credit moneys for that customer base who also normally pays their outstanding balance in full when due and are looking for a convenient and easy payment instrument in managing their daily payments, by viewing charge card’s potentiality in Bangladesh market.

Year: 
Volume: 
XXXIV
Issue: 
1