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

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Nowadays, many people are using digital money for shopping purpose due to the advancement of technologies in cell phones.
This
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essay highlights both the benefits and drawbacks of switching to pay through online of fulfilling their daily needs.
To begin
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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
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reduces the need to go to
Use synonyms
bank
Suggestion
the bank
a bank
or ATM centre to take the amount but
also
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it enables hassle-free transactions.
Furthermore
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, the chance of being stolen from the robbers is greatly reduced by
this
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method.
For example
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, 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
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the digital payment decreases the crime rate in cities drastically.
On the other hand
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, there are few drawbacks in moving to
this
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mode,
although
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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
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, the number of banks is united, due to less customers going to
Use synonyms
bank
Suggestion
a bank
the bank
for depositing and withdrawing from their account.
Consequently
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, 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
,
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,
the technologies misused to steal from the
bank
Use synonyms
accounts and the employment rate is gradually getting dropped considering the
bank
Use synonyms
workers.
Submitted by rehmanmanzil007 on

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