Money is an intermediary which has a variety of functions ranging from being a measure of value to a standard of deferred payment. However, the most important function of money is that it works as a medium of exchange. Over the years the concept of money has evolved from the use of paper currency to the use of plastic money. The recent growth in the use of plastic money after 2010 mainly credit and debit cards has been phenomenal. There are hundreds of millions of credit cards in circulation today. Spending pattern through plastic money has changed drastically. Plastic Money business is definitely going big time. However, the lack of awareness regarding its safety and security makes people hesitant about using them. Demonetization has been the gamechanger for the industry and the usage and awareness amongst the people for the various kinds of plastic money has increased post demonetization.