1. 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

All facets of our life have been revolutionized by the advent of technology.
This
process has affected not only in our economical
manners but
Accept comma addition
manners, but
also
in our banking systems. Today, using of cards
such
as credit and debit is so popular and it has many benefits and drawbacks. On the one hand, the potential benefits of plastic
money
are undeniable.
Firstly
, these cards are more convenient of doing transactions from home than putting a huge amount of
money
in your wallet;
moreover
the risk of loss and theft could be minimized.
Secondly
, by using plastic
money
, you can use of E-commerce marketing for online payments; as a matter of fact a lot of time and energy could be saved.
Thirdly
, by using visa or debit cards, paper consuming and
bank
notes could be decreased;
therefore
, it can help
to
Suggestion
with
the environment in
long term
Suggestion
the long term
.
On the other hand
, there are several disadvantages
for
Suggestion
of
using plastic
money
. One of the most significant
one
Suggestion
ones
is these cards may impose high-interest liability to their owners.
For instance
, you have to pay to
bank
extra
money
as accounts fee or additional service charges for your transactions.
In addition
, having visa card often is responsible for impulsive shopping habits and destroy your
bank
credit forever.
Furthermore
, malicious hackers can access your
bank
account to steal
money
by just hacking a number or
secure
Suggestion
security
code. To sum up,
although
, using credit and debit cards
have
Suggestion
has
a lot of advantages some measures as their drawbacks should be taken into account.
Submitted by azadehmajidinejad on

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