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

In
such
contemporary era, the implementation of technology in every transaction process has exponentially increased globally. Though E-
payment
holds some demerits, I believe that they are eclipsed by its beneficial outcomes. Regarding the possible pros, using mobile platforms for paying saves both time and money.
Firstly
, owing to the convenience offered to pay through a single tap on screens, many people prefer online paying. Once they can pay from the comfort of their homes or work, why they squander their time either waiting in queues or going to the place for paying.
Secondly
, since many applications provide
d
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a
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iscount for regular online customers, those apps have become the best way for
payment
. Not only do the offers attract people to use them, but
also
the ability to pay the exact price without searching for the change is considered the powerful trigger for online
payment
.
For example
,
Non application
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Non-application
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for shopping has a special unexpected discount which is only if
c
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the
a
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ustomer pays using online service, they will receive 5 %
cashback
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cash back
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for the
next
transaction.
Hence
, many clients will tend to use it again to benefit from the offer.
Although
E-pay has many advantages, it
also
has the most serious problem which is
the
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apply
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security. Neither do the users save their private information nor protect their account from cyber-criminals.
This
is because they keep their
payment
procedures saved on their gadgets which might be easily hacked if their mobiles are stolen.
Therefore
, till the moment, many people tend to pay in cash rather than reveal their accounts' information. To conclude, despite the lack of security when utilizing
d
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the
a
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igitalized
payment
process, many people choose to pay online rather than cash due to the advantage of saving their priceless time as well as their pocket money. 293
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Topic Vocabulary:
  • convenience
  • safety
  • security
  • time-saving
  • cashless transactions
  • dependence on technology
  • privacy concerns
  • accessibility issues
  • financial vulnerability
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