The use of goods or services as a means of exchange.

a method of payment for good or service

a numerical unit of measurement if market value of goods and services

Money is reliably stored saved and retrieved

the notes and coins accepted in a particular country.

Money received in the form of wages from working, dividends from shares owned, or rent received from property owned.

goods or services that are necessary

Goods or services that are desired but not necessary

“Buy now, pay now”. Linked to everyday transaction accounts, with funds withdrawn from the consumer’s account. Two forms used in Australia.

“Pay now, buy later” form of payment. Consumers load funds onto it for later use. Some cards can only be used at certain retail stores. Consumers can only spend the amount of the cards value.

The State of owing money

The amount of money owing on a credit statement

The remaining dollar amount that can still be used on credit

The ability to quickly and easily access our money. By tapping your card against a card reader in store you can easily make your purchase