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.

One of
the most debatable
Suggestion
the most debated
issues in the
last
decade has been the
davantages
the quality of having a superior or more favorable position
advantages
of
plastic
money
over traditional
money
. Some people think
plastic
money
is superior to traditional currency,
becuase
for the reason that; on account of
because
it is
convinient
Suggestion
convenient
conveniently
and fast.
Others
Accept comma addition
Others, however
however
, are
concern
Suggestion
concerned
about identity
theft
and prefer to use traditional banknotes. In the following
essa
an analytic or interpretive literary composition
essay
issue
essays
, I will provide arguments and examples to support both views. The main concern about
plastice
generic name for certain synthetic or semisynthetic materials that can be molded or extruded into objects or films or filaments or used for making e.g. coatings and adhesives
plastic
money
,
such
as online transfer using PayPal, or debit card is the high risk of
theft
. With the introduction of the internet, more and more transactions are being processed online without the need for personal interaction.
As a result
, hackers can
still
take without the owner's consent
steal
personal financial information and use it for their own needs online. According to the New York Times,
for example
, there have been over 100,000 identity thefts over the
last
year in the USA.
This
shows that by using online
transactions we
Accept comma addition
transactions, we
are exposed to financial
theft
much more than traditional currency.
On the other hand
,
plastic
money
allows people to buy things fast without the need to carry a wallet, or go to the ATM machine.
Furthermore
, financial transactions using credit cards
is seen
Suggestion
are seen
instantly in our bank account, which provides us the ability to know precisely our expenses and debts. According to the Israeli federal bank, while there have been a 30% increase in the amount of online transactions over the
last
5 years, there is a 15% decrease in overdrafts.
This
illustrates that
plastic
money
allows people better buying experience as well as better financial control. In conclusions, there are many advantages
to
Suggestion
of
plastic
money
,
such
as improved buying experience and better financial control, there are
also
known disadvantages, like increased risk of
theft
.

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Linking words for giving examples:

  • for example
  • for instance
  • to illustrate this
  • to give a clear example
  • such as
  • namely
  • to illustrate
  • take, for example

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