It is being debated whether we should use credit card or cash mode of payment. To what extent do you agree or disagree.

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Although
most of the people
use
a
credit
card
as a
mode
of
payment
, some people are still using the paper
money
as a
payment
option. I would prefer the paper
money
over a
credit
card
because it is accessible by everyone, it is a safer way of the
payment
. So, in my opinion, a
cash
system is still the best.
First
, most of the people today come from a very humble background, they do not have enough
money
to buy anything and the
credit
card
approval requires some amount of
money
as an assurance so that people can afford to have that
credit
card
. It would create a chaos if some people
use
credit
cards and some do not
use
it.
Also
, the needs of the poor people could not be fulfilled.
Hence
, due to lack of
money
, people could suffer if only a
credit
card
is imposed as a
payment
method.
Second
, there is a great chance of being hacked by a hacker if we
use
a
credit
card
as a
mode
of
payment
everywhere like online shopping, supermarket shopping.
For example
, in the year 2018 a new of over 3000 persons being hacked and it was all just because of the online shopping by the cashless
mode
. So, it should be taken care that we should not
use
a cashless
mode
of the
payment
everywhere, even where
cash
is accepted. In conclusion, It would not be a fair choice if the government decides to revoke the
cash
as a method of the
payment
. So, until everyone becomes equal in the society in terms of the wealth, it would be a better option to stick with our
cash
mode
of
payment

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