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Nowadays plastic money replacements such as credit and debit cards are extremely popular, even more than banknotes and coins. Discuss the advantages and disadvantages of this.

Electronic transactions are gradually replacing the traditional banking system and the use of bank currency is being supplanted by credit and debit cards. The transformation towards a cashless society might be slow, but
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Nowadays plastic money replacements such as credit and debit cards are extremely popular, even more than banknotes and coins. Discuss the advantages and disadvantages of this.

In the contemporary era, people like to carry credit and debit cards rather than a wad of cash. This is increasingly becoming favored among masses due to a myriad number of reasons. This essay will discuss how credit and
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