Currency notes have been replaced by plastic money and now its all about electronic money . Discuss advantages and disadvantage.

#currency #notes #plastic #money

It is irrefutable that the paper cash has been replaced by the digital currency and now people prefer it as a primary medium of transaction.

This

essay shall discuss its benefits including convenience and safety in terms of using, along with some of the drawbacks of

this

phenomenon. On the one hand, there are a wide variety of reasons of using digital payment.

To begin

with, the value of the money cannot be assessed during spending. As a matter of fact, it might lead to over expend while shopping online or physically at a store.

For instance

, when individuals pay in retail outlets through mobile, psychologically they do not feel about extra spending.

Moreover

, non-accessibility to a major population of the world is another obvious issue. Many underdeveloped countries are still unable to provide

this

type of a transaction system to the nation.

Therefore

, it can be concluded that online transferring of the money to the vendor has still some issue that needs to be resolved properly.

On the other hand

, a numerous positive aspects are

also

related to adopting digital transferring of assets.

Firstly

, it is a convenient mode of purchasing because the masses do not need to carry a huge sum of cash with them. As a matter of fact, they can not only use it all over the world, but

also

save their time by avoiding currency exchanging at the particular shops.

Secondly

, safety of a person as well as valuables is a major benefit of using web transactions because robbers and thieves cannot steal

this

type of money.

Therefore

, it seems that it is the most preferable method to purchase items. In conclusion,

this

essay has discussed two major threats including the possibility of budget disturbance and the accessibility issues

besides

a myriad of upsides of

this

situation.

Submitted by farrukh.maqsood on Wed Nov 20 2019

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for instance
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such as
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10Linking words
meeting the goal of 7 or more
0Word repetition
meeting the goal of 3 or fewer
0Grammar mistakes
 

4 paragraphs

302 words

7.50

Overall Band Score

Coherence and Cohesion: 6.0

Logical structure

Introduction & conclusion present

Supported main points

Accurate linking words

Variety in linking words

Lexical resource: 9.0

Varied vocabulary

Accurate spelling & word formation

Grammatical Range: 9.0

Mix of complex & simple sentences

Clear and correct grammar

Task Achievement: 6.0

Complete response

7.5

Clear & comprehensive ideas

Relevant & specific examples

Appropriate word count

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Currency notes have been replaced by plastic money and now its all about electronic money . Discuss advantages and disadvantage.

Support ideas with relevant, specific examples

Some people spend a lot of money celebrating personal family events, such as weddings and birthdays. How important is it to celebrate such events? Do you think people spend too much money on these events?

Some people believe that the Earth is being harmed (damaged) by human activity. Others feel that human activity makes the Earth a better place to live.

Some young people are leaving countryside to live in cities or towns, it leaves only old people in countryside. What are the problems of this issue? What can be done to solve this problem?