A"cashless society" is one where people use Debit/Credit cards and other forms of payment instead of cash. Do the advantages of a cashless society outweigh the disadvantages.

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Nowadays, debit or credit cards may completely substitute the
cash
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in transactions; It is called a "cashless society". Some people argue against it;
however
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, I believe the new approach has more positive aspects than drawbacks. In
this
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essay, I will compare the cons and pros of
this
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new trend. The very notion of a transaction without exchange of real
money
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or equivalent in value may not acceptable for some reasons. There is always a fear for fraudulent activities. Indeed, Cyber fraud is becoming a new norm for enforcement bodies
such
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as police and judicial department.
However
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, noteworthy to mention is the fact that
this
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kind schemes
such
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as
ponzi
Suggestion
Ponzi
schemes always existed and the only difference is the form and the medium it is committed within.
Furthermore
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, it may be argued that governments and
in particular
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governments of developing states have the tendency to intentionally mishandle the real value of the national currency by introducing more currency rather than the amount they should based on the central bank’s reservoir.
Although
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,
this
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is a valid concern, the same is true in the current physical
money
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printing.
Therefore
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, I see no rigid and exclusive disadvantage that cashless society may pose rather an economy where
money
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exchange is normal.
On the other hand
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, there are numerous grounds on the overwhelming advantages of
this
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new approach.
First
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of all, printing
money
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is costly for the governments.
This
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cost can be deducted from the public budget and may be added to other sectors
such
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as welfare.
Second
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, it consumes huge amounts of materials including paper. Within the concept contemporary global warming, there is no question why we should use our precious trees. Should we avoid using paper, amongst other measures, we may end up having a slower pace in temperature rising. Forth, it should be noted that terrorism is one of the major concerns all over the world. Many international organizations are fighting to prevent the transfer of
money
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to these groups. There is no doubt that tracing electronic transfers and prohibiting
such
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funding are much easier with new electronic infrastructures.
Finally
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, the very devastating pandemic of new corona virus proofed how counterproductive is the use of
cash
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. As an example, the Netherlands and many other European countries, during the peaks, totally banned the transfer of
cash
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in shops to hinder the contraction of the
covid
a geological formation consisting of an underground enclosure with access from the surface of the ground or from the sea
caved
-19.
Hence
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, it is reasonable to assert that advantage of an economy which uses
electronic method
Suggestion
electronic methods
an electronic method
to transfer
money
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or other valued currencies, outweigh the disadvantages. I strongly believe that
transition
Suggestion
the transition
from
cash
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to electronic currencies is an inevitable fact in the near future. In fact, many societies already started in
this
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way, and new current pandemic by highlighting the very negative aspects of physical currencies, accelerated the matter.
Submitted by dani on

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Examples make your writing easier to understand by illustrating points more effectively.

Examples, if used properly, not only help you get higher marks for ‘Task Response’ but also for ‘Coherence’.

When giving examples it is best to put them after your main idea or topic sentence. They can be used in the middle of supporting sentences or they can be used to start a new sentence. There is no rule for where exactly to give examples in essays, logically they would come after your main idea/topic sentence or just after a supporting sentence.

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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Topic Vocabulary:
  • cashless society
  • digital payments
  • financial inclusion
  • technological infrastructure
  • transactions
  • privacy concerns
  • financial management
  • system failures
  • cyber-attacks
  • convenience
  • electronic payments
  • budgeting
  • financial information
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