In many countries, paying for things using mobile phone apps is becoming increasingly common. Does this development have more advantages or more disadvantages

Nowadays, many people are using digital money for shopping purpose due to the advancement of technologies in cell phones.
This
essay highlights both the benefits and drawbacks of switching to pay through online of fulfilling their daily needs.
To begin
with, one of the crucial advantages in its usage is the instant and reliable transfer of money to the seller's account.Not only
this
reduces the need to go to
bank
Suggestion
the bank
a bank
or ATM centre to take the amount but
also
it enables hassle-free transactions.
Furthermore
, the chance of being stolen from the robbers is greatly reduced by
this
method.
For example
, the number of robbery case is extremely less over the past few decades, which encourages people to go to the shops even late nights without fear.
Thus
the digital payment decreases the crime rate in cities drastically.
On the other hand
, there are few drawbacks in moving to
this
mode,
although
the rate of stealing is less, there are more cyber crimes happening in these days.The account number is traced and eventually misused by the online hackers is a big issue faced by consumers.
Besides
, the number of banks is united, due to less customers going to
bank
Suggestion
a bank
the bank
for depositing and withdrawing from their account.
Consequently
, the job security is a serious threat to the employees working in the particular sector which makes their life questionable about the future. In conclusion
,
Accept space
,
the merits include the quick and error-free transactions and the low risk of being robbed.On contrast
,
Accept space
,
the technologies misused to steal from the
bank
accounts and the employment rate is gradually getting dropped considering the
bank
workers.
Submitted by rehmanmanzil007 on

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